Cardoo partners with otoQ and Drive365

Cardoo, a fintech company building a deposit-free model for rental companies, announces a partnership with otoq Car Rental and Drive365, reinforcing its mission to modernize the car rental experience by eliminating security deposits and credit card holds.
Through this collaboration, Cardoo’s technology will power a seamless, risk-managed rental experience that removes long-standing financial barriers for customers, while enabling rental operators to scale with confidence.

The partnership reflects a shared commitment to building the future of mobility. We see this future as frictionless, accessible, and designed around customer trust.

Cardoo’s replaces traditional deposits with intelligent, data-driven alternatives that protect operators while improving conversion, customer satisfaction, and utilization.

This partnership builds on Cardoo’s broader ecosystem strategy and complements its ongoing collaboration with Drive365, further expanding Cardoo’s network of forward-thinking mobility operators.

About Cardoo
Cardoo is a mobility enablement platform designed to eliminate security deposits and credit card holds from car rentals through intelligent risk management and technology-driven solutions. By empowering operators with modern infrastructure, Cardoo is helping shape a more accessible and customer-centric future of mobility.

About otoq Car Rental
otoq Car Rental is a modern car rental company focused on delivering flexible, customer-friendly mobility solutions through innovation and service excellence.

About Drive365
Drive365 is a mobility operator committed to scalable, technology-led car rental solutions that meet the evolving needs of customers and partners.
FEB 5 / 2026
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