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Evorest

Financial Services
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Overview

Evorest is on a mission to revolutionize rental deposits. We digitize the end-to-end rental deposit process for property managers and tenants, while reviving locked-up capital. Property managers can open, modify and close rental deposit accounts with just a few clicks. By digitizing the entire customer journey, we make daily tasks more efficient and enable deposit openings in just 24 hours. In addition, we provide property managers an increased level of damage coverage if markets go up - while the paid-in deposit is always guaranteed. For the first time, tenants have the possibility to digitally invest their rental deposits in low-cost funds, instead of keeping their money locked-up on low-interest accounts. This allows tenants to earn a return on their deposit that they get to keep. Those who don’t want to invest, can also open a conventional deposit account fully digitally. Evorest is working with a partner bank which manages the capital and thus guarantees the security of the deposits at all times. Our mission is to revive unproductive capital and make investing more accessible to the large share of Swiss residents living in rental apartments.