Finally, renting that makes renters money. Because we’re not waiting around for banks to make the difference. Because they won’t.
Today, we’re thrilled to unveil a brand new onboarding experience for new residents that unifies housing and banking in one app.
Introducing the super app that builds renters’ wealth
With this first-of-its-kind app, we've taken the hardest parts of renting (the money) and the hardest parts of banking (the trust) and solved both with a simple idea: Start with Cash Back.
That means that new residents get Cash Back for paying their rent on time 💵, saving their Cash Back 💵, saving a percentage of their paycheck 💵, and so much more 🤑.
Together, we have unlocked a better way to connect housing and banking in under five minutes for new Stake members.
The journey to this super app for housing and banking
This app wasn’t built overnight. It’s been a dream and a journey for months. Here are all of the product launches that led up to it, including a number of one-of-a-kind innovations:
- An industry first: Stake Visa® Debit gives renters 5% Cash Back on move-in costs and 1% forever on everyday purchases.
- Another first: free FDIC checking accounts for renters, with easy and simple direct deposit.
- Connect any bank and instantly add funds.
- With our incredibly fast “Earn More” view, renters can easily see how much they can earn.
- Stake’s digital wallet expands with GooglePay and ApplePay.
- Bank transfers are simple with Zelle, and recurring add funds let Resident Members deposit automatically.
- Another first for renters: Express PayCheck gives renters access to their hard-earned income up to three days early.
Financial resilience for renters starts here
Empowering renters is our mission and our reason for being. We exist to bridge the gap between housing and banking with this goal: Renters should be able to spend for the life they want today and save for the life they want tomorrow.
Banks had their chance and failed. Now, we’re making it happen.
So much more to come! Stay with us.
Stake is a financial technology company and is not a bank. Banking services provided by Blue Ridge Bank N.A; Member FDIC. The Stake Visa® Debit Card is issued by Blue Ridge Bank N.A. pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted.
