Stake Acquires Circa to Add No-Fee Rent Payments and Collections

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.