Incentivising Renters With Cash Back
[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: Stake]
A fintech company and loyalty network, Stake enables multi-family owners and operators to reduce delinquencies, increase leads, and generate more renewals. Serving more than 40,000 units, they do that by helping renters save through cash back and banking. It integrates with Yardi, Entrata, RealPage, and MRI to import property and resident data.
For property operators: Incentivize renters for actions like referring a renter, paying rent on time, and renewing their lease early.
For renters: Use a Stake Visa Debit card for money back on every purchase and no annual fees.
What we like: A debit card is a nifty adoption tactic.