Qira: Features, Pricing and Integrations

Qira is a deposit platform that does two jobs. The first is managing the cash deposit: it holds resident funds in an FDIC-insured, interest-bearing FBO account in the property’s own name, and automates move-out claims and refunds. Its homepage line is “Not insurance. Not a payment processor. A financial operating system.”

The second job is the alternative. Residents can pay a small monthly fee instead of a large upfront deposit, or pay the deposit in installments. Qira says it underwrites residents and covers eligible damage and unpaid rent at move-out. It also sells Rent Pay Later, which splits rent into up to four payments, and the record counts more than 1,200 property teams.

In the deposit alternatives category it is the vendor a manager evaluates when the deposit ledger itself is the problem and the alternative is a bonus.

Who it fits

The record tags institutional multifamily, small multifamily and SFR, and the site says it is built for multifamily and single-family operators. The buyer is an operator whose accounting team spends real hours on deposit escrow, interest-bearing states, refund checks and the disputes that follow, and who wants that moved off the trust-accounting screen. The alternative rides along.

It fits less well for a manager on AppFolio or Buildium, which the record does not name. It also fits less well for an owner whose only goal is a $0 deposit leasing campaign backed by an insurer; that owner belongs in the bond and insurance group and should read Rhino’s deposit insurance profile.

Pricing

Pricing is not published. Ask for the platform fee and whether it is per unit, per deposit or per transaction, what a refund costs, who keeps the interest on escrowed funds in states that do not require it to go to the resident, and what the resident pays for the zero-deposit and installment options. Ask what the rent payments and Pay Later for Rent products cost if they are bundled into the quote, and what the contract term is.

Integrations

The record lists Yardi, RealPage, Rent Manager and ResMan, sourced from Qira’s integrations page, which describes two-way sync with Yardi Voyager and native payments on Rent Manager and also lists Fortress. That is the second widest set in the category after Obligo’s. Ask, for your system, which direction the deposit balance, the claim and the refund flow, and whether the escrow account reconciles against the PMS trust ledger without a manual export. The Yardi and Rent Manager integration pages list the other categories that connect to each.

Limitations and questions to ask

The alternative is the first question, because the record is specific about the escrow product and general about the zero-deposit one. Qira’s resident page says the monthly subscription does not become a refundable deposit. Ask what stands behind the coverage: an insurer, a surety, or Qira’s own balance sheet. Ask what the resident pays for it, whether the fee is refundable, what the coverage cap is, and how a move-out claim under the plan differs from a move-out claim against a cash deposit. Ask whether an installment plan is treated as a deposit under the statutes in your states.

The escrow is the second. Ask which bank holds the FBO accounts, how interest is handled state by state, and what the audit trail looks like when a regulator or an owner asks for it.

The dispute is the third. Qira states no payout time on its pages, so ask for the average days to payout, how a resident disputes a claim, and who decides. Ask whether the resident owes Qira after it pays a claim.

Alternatives

The full vendor table for the category has every vendor. The nearest match is Obligo’s payment-on-file model, which also pairs deposit administration with an alternative and names AppFolio and Buildium as well as Yardi, RealPage, Entrata and MRI. An operator that wants an insured alternative and no change to deposit accounting should compare LeaseLock, Rhino and TheGuarantors. The deposit alternatives alternatives table lists every vendor in the category with the same sourced facts.

AI visibility

The current edition’s numbers sit in the Live from the Index section below, read from the run files each month; the prompts and sources behind them are on the row page it links.