Rent Payments news and trends

Property Management Report Shows Over Half of Tenants Pay Rent Online
Faster Payments // August 09, 2024

In the expansive rental market, where more than 34% of Americans make monthly payments, traditional methods like paper checks and wire transfers are proving inefficient. Despite billions flowing from tenants to landlords, outdated payment systems cause delays and frustration. As economic pressures mount and tenant...

RealPage Teams With Flex to Offer Flexible Rent Payments
Partnerships // August 08, 2024

Real estate software platform RealPage has picked Flex to provide customers with “flexible” rent payment options. The partnership, announced in a news release Thursday (Aug. 8), expands on the company’s existing integration, letting RealPage customers offer Flex as a payment option for residents within LOFT, RealPage’s resident portal and app. The...

Bilt Valued at $3.2 Billion as Rewards Program Grows
Loyalty & Rewards // August 04, 2024

Loyalty rewards platform Bilt is valued at $3.2 billion after a new funding round. The company raised $150 million from a round led by the Ontario Teachers’ Pension Plan, Bilt announced Thursday (Aug. 1), just months after a $200 million round valued it at $3.1...

Stake Expands Rent Collections Capabilities With Circa Acquisition
Acquisitions // June 13, 2024

Stake has acquired Circa to help reduce delinquencies and arrears in the rental economy by offering both rent incentives and collections management. This acquisition, which was completed earlier in June, adds Circa’s free payment processing and success-based collections management to Stake’s loyalty, renter banking services...

Interviews & Exclusives
Property Management Report Shows Over Half of Tenants Pay Rent Online

August 09, 2024
In the expansive rental market, where more than 34% of Americans make monthly payments, traditional methods like paper checks and wire transfers are proving inefficient. Despite billions flowing from tenants to landlords, outdated payment systems cause delays and frustration. As economic pressures mount and tenant satisfaction wanes, property managers face increasing urgency to modernize payment […]

Real-Time Rental Payments Provide Alternative to Outdated Systems

April 30, 2024
More than 34% of Americans rent their homes, representing billions of dollars in monthly rental payments to landlords and property managers. Despite this large sum, rent payments often rely on...

AppFolio Says Instant Payments Help Landlords and Tenants Navigate Tough Rental Market

February 13, 2023
At first glance, the property management industry may appear to be in a favorable moment. According to one survey, nearly three-quarters of United States renters are satisfied with their property...

Digital Wallets Core to Adam Neumann’s Latest PropTech Venture, Flow

January 04, 2023
Digital wallet and embedded payments will help PropTechs turn renting an apartment into a community based, digital experience. Bond CEO Roy Ng told Karen Webster that the wallets can conceivably...

Quick Reads
Entrata Teams With Flex as Renters Seek Digital Payment Solutions

September 17, 2024
Entrata, an operating system for multifamily communities, has teamed with financial wellness solutions provider Flex. The collaboration, announced Tuesday (Sept. 17), lets residents divide their monthly rent into “smaller, more manageable payments,” while still letting property managers get the same single rent payment they expect at the start of each month.  “It’s important to Entrata […]

RealPage Teams With Flex to Offer Flexible Rent Payments

August 08, 2024
Real estate software platform RealPage has picked Flex to provide customers with “flexible” rent payment options. The partnership, announced in a news release Thursday (Aug. 8), expands on the company’s existing integration, letting RealPage customers offer...

Bilt Valued at $3.2 Billion as Rewards Program Grows

August 04, 2024
Loyalty rewards platform Bilt is valued at $3.2 billion after a new funding round. The company raised $150 million from a round led by the Ontario Teachers’ Pension Plan, Bilt...

Stake Expands Rent Collections Capabilities With Circa Acquisition

June 13, 2024
Stake has acquired Circa to help reduce delinquencies and arrears in the rental economy by offering both rent incentives and collections management. This acquisition, which was completed earlier in June,...