Company Updates

Stake achieves SOC2 Type 2 compliance

April 7, 2023
Jimmy Jacobson
Director of Engineering, Co-founder

We’re pleased to announce that Stake has achieved SOC2 Type 2 compliance.

Recently, Stake voluntarily underwent a rigorous and extensive examination of our technology, programs, and practices to confirm what we already knew – that Stakers’ personal and financial information is safe, and their well-deserved Cash Back is protected.

What is SOC2?

A voluntary compliance standard, SOC2 is managed by the American Institute of CPAs and sets a standard for Trust Services Criteria, including security, availability, processing integrity, confidentiality, and privacy. It is the go-to standard for enterprise-level security.

Why does SOC2 matter?

Many large property owners and operators require SOC2 compliance. More importantly, it means that Stake is providing the highest possible trust standard to our Property Partners and to Stakers — those who earn Cash Back and unlock debt-free, equitable financial services with Stake every day.

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