TurboTenant Expands Portfolio with Azibo Acquisition

TurboTenant, a company specializing in all-in-one rental property management software, has announced its acquisition of Azibo, a financial services platform tailored specifically for rental property owners. The deal is intended to enhance TurboTenant’s capacities in serving landlords and real estate investors by integrating Azibo's offerings with its existing platform. Azibo has been recognized for its effective financial management solutions within the rental space since its inception in 2019, serving numerous landlords and renters nationwide. TurboTenant aims to provide Azibo users with greater access to enhanced functionalities and features that streamline property management operations, from tenant acquisition to full lifecycle management. The goal is to deliver a seamless transition for Azibo users, supported by TurboTenant’s resources, to ensure continuity and the realization of additional benefits as the platforms integrate. This acquisition aligns with TurboTenant’s ongoing strategy to empower landlords with comprehensive management solutions. TurboTenant services over 750,000 landlords, providing services including rental applications, tenant screening, and online rent collection.