South Korean Property Marketplace Zigbang Acquires Housing Management Platform, Movill

January 12, 2021
Share this Post: 

Movill Co. Ltd has been acquired by South Korean property portal, Movill is a two-year-old comprehensive housing management platform and subsidiary of Kakao Pay. 

The move comes after Zigbang launched Zigbang LINK, a service for apartment tenant management offices, last September. To strengthen its entrance into the rental sector, Movill’s acquisition will cinch its hold, providing high-quality residential management services for its users. 

Movill offers a simple way to manage apartments through an app, which users can access anywhere. Movill offers convenient services like voting, monetary transactions, and management notifications while offering residents a way to communicate with their apartment offices. 

Having been a subsidiary of Kakao Pay, Movill brings the same monetary transaction technology with it to Zigbang, connecting Zigbang and Kakao Pay through a strategic partnership to offer a more efficient way for tenants to pay their apartment management offices. 

Ahn Sung-woo, CEO of Zigbang, said:

"Based on the know-how accumulated by Movill and the business partnership with Kakao Pay, we are planning to further expand Zigbang's business."

Other real estate marketplaces are doing the same. In Europe, Idealista announced that it had acquired rental management software company Rentger, which offers managers automated paperwork facilitating to ease their own business transactions. As technology continues to develop, more and more real estate portals are turning towards these technologies to offer not only home hunters and agents but property managers, a more convenient and streamlined experience.

January 12, 2021
Victoria has been writing about property portals and marketplace sites for Online Marketplaces for over 3 years. She is also our resident artist and is responsible for all of the infographic content on the site.

Subscribe to our mailing list to get news updates!

Enter your email address and get updates from Online Marketplaces.

Related News

Board Room
Zoopla Creates Agent Advisory Board to Give Customers a Say on Lettings Policy

British #2 portal Zoopla has launched a Lettings Advisory Board made up mostly of its agent customers as it looks...

Read More
Spanish Proptech Firms
Housfy Gets Funding and Casavo Expands as Spanish PropTech Market Heats Up

The Spanish PropTech market is heating up with two prominent companies in the market announcing positive news this week. Online...

Read More
Leboncoin Op 1
LeBonCoin Launches New Offering to Help Agents Win Sales Instructions

The French classifieds market leader LeBonCoin has today announced the launch of a new package for real estate agents. The...

Read More
Domain Data
Domain Acquires Data Services Provider Insight Data Solutions

Australian portal company Domain has today announced that it has agreed to acquire data services provider Insight Data Solutions (IDS)....

Read More

Popular News