STAKE ACQUIRES CIRCA CREATING THE FIRST CASH BACK RENT PAYMENTS PLATFORM [Yahoo! Finance]
Visa Inc. (V)
Last visa inc. earnings: 4/30 04:01 pm
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US:NYSE Investor Relations:
investor.visa.com
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Source: Yahoo! Finance
NEW YORK June 13, 2024 /PRNewswire/ -- Stake , the loyalty company for the rental economy, today announced the acquisition of rent payments company Circa for $9.5 million in cash and stock. The acquisition creates a first for the rental economy: delivering no-fee rent payments with instant Cash Back for renters. Free payment processing and success-based collections management are now available alongside Stake's loyalty, renter banking services, and incentive optimization services. With the acquisition, Stake introduces integrated delinquency and collections management with Get Current, an industry first. Get Current is a flexible payments system with a human-led CRM that empowers and incentivizes renters to pay back due rent." By bringing collections management to rent payments, Stake reduces the time on-site teams spend on collections and reduces renter arrears by 30% on average. Get Current joins Stake's existing leasing, renewals, and delinquency tools. "Stake has always rewar
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News
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V
Earnings
- 4/23/24 - Beat
V
Sec Filings
- 5/15/24 - Form 4
- 5/15/24 - Form 144
- 5/8/24 - Form 8-A12G
- V's page on the SEC website