Stake Acquires Circa to Add No-Fee Rent Payments and Collections
June 13, 2024
Stake, the loyalty company for the rental economy, acquired rent payments platform Circa for $9.5 million in cash and stock. The deal integrates Circa’s payments technology and collections capabilities (branded Get Current) into Stake’s renter banking, loyalty, and incentive platform to deliver no-fee rent payments with instant Cash Back and industry-first delinquency management.
- Buyers
- Stake
- Targets
- Circa
- Sellers
- Circa shareholders
- Industry
- Payments & Fintech
- Location
- Maine, United States
- Transaction Type
- Buyout
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