PayLease

Electronic Payments for Property Management
Status: Former
Location: San Diego, CA
Sector: Transaction Processing
CEO: Dave Dutch

Description

PayLease is a leading electronic payments provider for the property management industry, specifically targeting the multifamily, single family, and HOA markets. PayLease provides property managers the ability to accept rent and HOA payments through a secure online interface. With PayLease, residents are able to pay their property manager using a credit card or an e-Check. Since its founding in 2003, PayLease has grown to serve thousands of property management companies nationwide and is among the fastest growing technology companies in the United States. PayLease was acquired by Vista Equity Partners in 2017.

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Add-on acquisitions since Mainsail Investment

Ocius: Convergent billing and utility management solutions for the multifamily industry
Acquired: 2015