Rent payment loyalty platform Bilt Rewards is now a $3.1 billion company. Bilt’s new valuation follows a $200 million equity investment led by General Catalyst, as well as the addition of General Catalyst managing director Ken Chenault and NFL Commissioner Roger Goodell to its board, the company said...
Rental prices keep on rising year after year, and some rental contracts have been tightened by requiring larger deposits at the signing. To illustrate: since early 2020, house rents have increased nearly 30% overall, according to the real estate website Zillow. Higher rental costs and...
The convenience of digital payments has extended to the rental market, with tenants increasingly opting for instant rent refunds through digital channels. According to a recent PYMNTS Intelligence study, digital options for paying rent have become commonplace, and now tenants are seeking the same convenience for...
Renting an apartment, house or office space means receiving a rent-related refund, such as a returned security deposit or reimbursement for work on the property. As digital options have proliferated for paying rent directly from a bank account, data shows that digitization of refunds has...
December 11, 2023
Renting an apartment, house or office space means receiving a rent-related refund, such as a returned security deposit or reimbursement for work on the property. As digital options have proliferated for paying rent directly from a bank account, data shows that digitization of refunds has picked up steam. Since these deposits are sizable — usually […]
June 26, 2020
The pandemic has the potential to change the way any number of business verticals operate — especially industries like real estate, which typically have been based on in-person meetings and...
December 04, 2017
Millennials are on the move, professionally. And in an age where apartment rents are rising faster than incomes, shared housing proves salvation – unless they choose the wrong roommate. As...
March 27, 2024
Qira has added security deposit payment plans to its financial services platform for renters and property managers. With this new offering, property managers can let their renters choose between using a zero-deposit program for a fee, paying the full security deposit as a lump sum or paying it in installments over the term of the […]
January 24, 2024
Rent payment loyalty platform Bilt Rewards is now a $3.1 billion company. Bilt’s new valuation follows a $200 million equity investment led by General Catalyst, as well as the addition of General Catalyst...
May 01, 2020
Amid decreasing consumer confidence and increasing job losses, the economic impacts of the coronavirus continue to build. While 91.5 percent of renters in buildings that are professionally managed made payments...
January 19, 2020
Lawmakers across multiple states are considering legislation to reconfigure the often burdensome security deposit structure that adversely affects renters of less financial means, according to the Wall Street Journal. Insurance...
