Deposits, rent, Pay Later and move-out claims - one financial platform built for property managers, compliant in all 50 states.
Renting runs on trust and paperwork, and both tend to break at the same two moments: the day money changes hands at move-in, and the day it is supposed to come back at move-out. Between those bookends sits a monthly ritual of rent collection, reconciliation and the occasional awkward phone call. Qira, a New York fintech, has built its business on the premise that most of that friction is software's job, not a leasing agent's.
The company describes itself plainly - "a financial platform built for property managers" - and the plainness is the point. Qira brings security deposits, deposit alternatives, rent payment processing, a Pay Later option for residents, and automated move-out claims into a single system. It then keeps that system in sync with the property management software teams already use, and quietly handles the deposit rules that differ from state to state. The pitch on the homepage is equally direct: "Protect your cash flow. Elevate the resident experience."
Those two audiences - owners who want certainty and renters who want flexibility - usually pull against each other. A renter who splits a deposit into payments is, on paper, a risk to an owner's cash position. Qira's core idea is that a financial layer can absorb that tension so neither side has to. Residents choose how they pay; owners still receive funds in full and on time.
The security deposit has barely changed in decades, yet the rules governing it differ in every jurisdiction - how it is held, whether it earns interest, how fast it must be returned, and what a landlord may deduct. For an operator running properties across multiple states, that is a compliance minefield that scales badly with growth.
Qira's answer is to hold deposits in FDIC-insured "for-benefit-of" accounts opened in each property's own name - interest-bearing and not pooled with other landlords' money - while keeping the underlying rules current in the background. On the rent side, missed or late payments become a cash-flow problem the platform smooths over rather than one the on-site team chases. At move-out, itemized statements and fast refunds replace the weeks-long limbo that turns good tenancies sour.
Compliant escrow in FDIC-insured accounts held in the property's own name, with flexible move-in options for residents.
A zero-deposit option that lowers upfront move-in cost for renters while keeping owners protected.
Card, ACH and e-check rent that posts straight back to the ledger - no manual processing.
Splits a resident's rent into up to four payments while the owner receives the full amount on time.
Automated, itemized statements with an average 2.4-day payout and a 98.4% approval rate.
Keeps deposit requirements current across all 50 states so on-site teams stop tracking changing rules.
Reported scale sits at 1,200+ property teams and roughly 6,000+ platform users, with more than $600M in resident funds protected.
Deposit-alternative rivals such as Rhino, Jetty and LeaseLock mostly solve the move-in moment. Payment features inside Yardi, RealPage and AppFolio solve rent. Qira's wager is that connecting the whole lifecycle - deposit, rent, Pay Later, and move-out - beats any single point solution.
Two details do a lot of the trust work: deposits sit in FDIC-insured accounts in the property's own name rather than a pooled fund, and two-way sync with major PM software removes the double-entry that usually comes with bolt-on tools.
Qira was formed in October 2021 when two startups attacking opposite ends of the same problem - Rentigo on rent and HelloRented on deposits - merged and closed the round together. CEO and co-founder Revital Gadish arrived with a fintech-heavy resume, having served as Chief Accounting Officer and Treasurer at cross-border payments company Payoneer.
Two rent-fintech startups combine rent collection and deposit products under one brand.
Phoenix Insurance leads, joined by the founders of dLocal and Payoneer and other fintech investors.
FDIC-insured, property-named FBO escrow with automated move-out claims goes live.
1,200+ property teams and $600M+ in protected resident funds across all 50 states.
Qira lives at the intersection of proptech and embedded finance - a category built on the idea that financial products belong inside the software people already use, not in a separate app. In residential real estate, that means deposits, rent and claims stop being manual processes and become programmable ones.
It is a crowded, unglamorous corner of fintech, which is part of the appeal. The problems - late rent, disputed deductions, compliance drift - are universal and recurring, and the incumbents that touch them are large software suites more focused on operations than money movement. By owning the financial layer across the full rent lifecycle, Qira is betting that the connective product outlasts the point solutions on either side of it.