What is Whale?
Whale is the first win-win solution for security deposits. Renters earn up to 3.25% interest and get their deposit back faster. Landlords get a zero cost, zero risk, and zero work security deposit management solution integrated with their PMS.
Problem
Renters experience delays in getting their deposits back and miss out on potential interest earnings.
Landlords face complexities and costs in managing security deposits efficiently.
Delays in getting their deposits back
Not earning interest on deposits
Complexities and costs in deposit management for landlords
Solution
A platform that allows renters to earn up to 3.25% interest on security deposits and receive them back faster. Landlords benefit from a zero cost, zero risk, and zero work management solution integrated with their PMS.
Customers
Renters seeking efficient and profitable deposit handling
Landlords looking for hassle-free management of security deposits
Property Management Companies
Unique Features
Rental security deposit management that offers interest to renters.
Zero cost integration with landlord PMS systems.
Win-win financial solution for both renters and landlords.
User Comments
Users appreciate the interest earnings on deposits.
The platform offers simplicity in managing deposits.
Faster deposit returns are a big plus.
Landlords find the integration easy and hassle-free.
The overall concept is considered innovative and beneficial.
Traction
The product recently launched on ProductHunt.
Specific numerical traction metrics were not provided in the available information.
Market Size
The global rental property management software market was valued at $3.4 billion in 2020 and is expected to witness continuous growth as more landlords and renters seek efficient technology solutions.
