About PayLease
PayLease is a company based in San Diego (United States) founded in 2003 was acquired by Vista Equity Partners in June 2017.. The company has 328 employees as of December 31, 2020. PayLease has completed 2 acquisitions, including Ocius and Zego. PayLease offers products and services including Zego Pay, Zego Utility, and Zego Mobile Doorman. PayLease operates in a competitive market with competitors including Paymentus, PaySimple, AffiniPay, Flex and Esusu, among others.
- Headquarter San Diego, United States
- Employees 328 as on 31 Dec, 2020
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Sectors
Real Estate & ConstructionTechnology Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Paylease, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Francisco Partners
& 1 more
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Employee Count
328
as on Dec 31, 2020
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Investments & Acquisitions
Ocius
& 1 more
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Acquired by
Vista Equity Partners
(Jun 28, 2017)
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Products & Services of PayLease
PayLease offers a comprehensive portfolio of products and services, including Zego Pay, Zego Utility, and Zego Mobile Doorman. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automates digital payments for property management operations.
Handles expense recoupment and billing for utilities.
Boosts resident retention through mobile app features.
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Funding Insights of PayLease
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2014 | Amount | Private Equity Round - PayLease | Valuation | Francisco Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in PayLease
PayLease has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Francisco Partners and Vista Equity Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity investment firm focused on technology sector
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Founded Year | Domain | Location | |
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Investments are directed toward high-growth enterprise software and technology companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by PayLease
PayLease has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Ocius and Zego. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Residential communities are managed via an online platform.
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2017 | ||||
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SaaS platform for resident billing and utility management is offered.
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2000 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - PayLease
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Paylease Comparisons
Competitors of PayLease
PayLease operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Paymentus, PaySimple, AffiniPay, Flex and Esusu, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Comprehensive billing and payment solution provider
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| domain | founded_year | HQ Location |
Online payment and invoicing solutions are offered to small businesses.
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| domain | founded_year | HQ Location |
Self-hosted payment pages for B2B invoices are offered.
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| domain | founded_year | HQ Location |
Flex is recognized for offering flexible rent payment solutions.
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| domain | founded_year | HQ Location |
Online platform offering credit-building solutions through rent payment reporting
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Paylease
Frequently Asked Questions about PayLease
When was PayLease founded?
PayLease was founded in 2003 and raised its 1st funding round 11 years after it was founded.
Where is PayLease located?
PayLease is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Who is the current CEO of PayLease?
Bill Nunan is the current CEO of PayLease.
How many employees does PayLease have?
As of Dec 31, 2020, the latest employee count at PayLease is 328.
What does PayLease do?
Founded in 2003 and based in San Diego, United States, operations focus on online payment processing for property managers. Services encompass resident payments via credit cards, ACH, check scanning, and cash options, alongside real-time account integration for monitoring batch payments, returned items, invoice summaries, and cancellations. Additional capabilities, acquired through a 2015 merger with Ocius, include resident billing, expense management, and submetering within the property management industry.
Who are the top competitors of PayLease?
What products or services does PayLease offer?
PayLease offers Zego Pay, Zego Utility, and Zego Mobile Doorman.
How many acquisitions has PayLease made?
Who are PayLease's investors?
PayLease has 2 investors. Key investors include Francisco Partners, and Vista Equity Partners.
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