Evorest offers a fully digital platform for managing rental deposits, allowing users to open accounts in under five minutes and choose between traditional savings or investment in passive ETFs. This service enables tenants to earn returns on their deposits while protecting their funds from inflation, all secured by a licensed Swiss bank.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional rental deposit management often involves cumbersome processes and provides limited opportunities for tenants to benefit from their deposited funds. These deposits typically sit idle in savings accounts, failing to generate returns or protect against inflation.
Solution
Evorest offers a fully digital platform for managing rental deposits, enabling tenants to open accounts in minutes and choose between a traditional savings account or investment in passive ETFs. This allows tenants to potentially earn returns on their deposits while safeguarding their funds from inflation. Evorest partners with a licensed Swiss bank to ensure the security of the deposits, providing a regulated and secure environment for managing rental guarantees. The platform provides a user-friendly web app accessible from mobile or PC, allowing tenants to monitor their portfolio and manage their deposit digitally from initial setup to account closure.
Target Audience
Evorest primarily targets tenants in Switzerland looking for a modern, digital solution to manage their rental deposits and potentially earn returns on those deposits.
Features
- Fully digital account opening in under five minutes
- Choice between traditional savings accounts and investment in passive ETFs
- Investment options include worldwide minimum volatility and ESG-focused ETFs
- Portfolio monitoring via web app, accessible on mobile and PC
- Digital signing of rental deposit contracts
- Funds secured by a licensed Swiss bank with deposit protection up to CHF 100,000
- Data stored on secure Swiss servers, compliant with Swiss data protection laws