Zego
Zego is a property management automation platform serving 7,000+ residential real estate operators with digital payments, utility billing, and resident engagement software. Operating as a subsidiary of Global Payments Inc., the platform spans multifamily, HOA, student housing, manufactured housing, and build-to-rent verticals.
- Company typePrivate
- Founded2003
- HeadquartersSan Diego, United States
- Headcount251–500
- GTM typeB2B
- OfferingSoftware
What Zego does
Zego (legal entity PayLease, LLC) is a property management automation platform that serves residential real estate operators across multifamily, single-family rental, homeowner associations (HOAs), student housing, manufactured housing, and build-to-rent communities. Founded in San Diego in 2003, the company operates as a wholly-owned subsidiary of Global Payments Inc. (NYSE: GPN) following its 2021 acquisition. Zego's technology stack is organized into three core products: Zego Pay (digital payment processing for rent, HOA dues, and ancillary fees across ACH, card, cash at retail, lockbox, and check-scanning rails), Zego Utility (utility expense management, resident utility billing including RUBS, vacant unit cost recovery, and usage anomaly detection), and Zego Mobile Doorman (resident engagement, work-order management, lease renewals, and package management). The platform is delivered as cloud-based SaaS with 20+ years of integrations into leading property management systems and accounting software, supported by PCI Level 1 compliance and annual SSAE18 audits.
The company's business model combines transaction-based payment processing fees with subscription software revenue, sold primarily through a direct enterprise sales motion with quote-based annual pricing and a self-service payment portal for resident-facing transactions. Go-to-market targets on-site property managers, property owners, HOAs, and a long tail of more than 7,000 management companies across the United States, with distribution amplified by Global Payments' global payments ecosystem. Zego also sells packaged solutions (Resident Experience Management, Resident Lifecycle Management, Revenue Protection Suite, Resident Benefits Package) that bundle modules into higher-priced enterprise offerings.
In 2024, Zego reported $44.2 million in ARR. The company raised a $30 million Series B in 2025 at a $1.1 billion post-money valuation, on top of $45 million raised across three prior rounds. Recent product and partnership activity includes a 2025 Resident Rewards Program launch and a renewed partnership with Clearspeed for voice-based risk assessment, both of which point to expansion of the recurring revenue surface and the Revenue Protection Suite.
Zego firmographics
Firmographics- Name
- Zego
- Legal name
- PayLease, LLC
- Website
- https://gozego.com
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Zego is a property management automation platform serving 7,000+ residential real estate operators with digital payments, utility billing, and resident engagement software. Operating as a subsidiary of Global Payments Inc., the platform spans multifamily, HOA, student housing, manufactured housing, and build-to-rent verticals.
- Ownership category
- akta.pro rank
Zego industry classification
Industry- Product category
- Property Management Software
- NAICS
- Residential Property Managers (531311), Real Estate Property Managers (53131)
- SIC
- Services-Management Services (8741), Services-To Dwellings & Other Buildings (7340)
- akta.pro primary industry
- Multifamily Apartment Property Management (BPAJAFAA)
- akta.pro secondary industries
- HOA / Condominium Association Management (BPAJAFAH), Residential Lease Administration & Tenant Services (BPAJAFAL)
Keywords
Where Zego is headquartered
LocationHeadquarters
- HQ city
- San Diego
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Zego business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Payment Processing Fees: Transaction-based fees charged for processing digital rent payments, HOA dues, and other payment types. Fees are charged to residents or property managers for payment processing services including ACH, credit/debit cards, and walk-in payment locations.
- Software Platform Subscription: Property management software subscription for access to Zego Pay, Zego Utility, and Zego Mobile Doorman platforms. Pricing appears to be quote-based for enterprise customers.
- Rewards Program: Upcoming rewards program allowing property managers to incentivize resident behaviors like paying rent online, with points redeemable for rent discounts.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise pricing for large multifamily portfolios |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels8 records
Zego product offering
Product offeringCore offering
Zego provides a property management automation platform that streamlines digital payments, utility billing, and resident engagement for property managers, HOAs, and residential real estate operators. Its three core products—Zego Pay, Zego Utility, and Zego Mobile Doorman—integrate with leading property management systems to automate rent and dues collection, expense recoupment, and on-site workflows for over 7,000 management companies.
Product overview
Zego offers a modular property management automation platform organized around three core products: Zego™ Pay (digital payment processing and collections), Zego™ Utility (utility expense management and resident billing), and Zego™ Mobile Doorman (resident engagement and operations). These integrate with leading property management systems to provide real-time insights across the resident lifecycle. The platform serves multifamily, HOA, student housing, manufactured housing, and build-to-rent communities with solutions spanning payments, utilities, resident engagement, and revenue protection. The company also offers multiple solution packages including Resident Experience Management, Resident Lifecycle Management, and Revenue Protection Suite. Zego operates as a subsidiary of Global Payments, having evolved from its original PayLease brand.
Differentiator
Problem solved
Functional benefit
Products and services
- Zego Pay
Quantifiable outcome
- 27% of renters pay rent late at least once a year
- +4 more outcomes
Companies that use Zego
Customer profileNamed customers2 records
Segments6 records
Ideal customer profiles3 records
Zego technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature6 records
Zego partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- ClearspeedcoreZego renewed its partnership with Clearspeed to enhance its motor claims process using voice-based risk assessment technology. The collaboration aims to improve claim handling efficiency, fraud detection, and customer satisfaction, leading to significant operational improvements and cost savings.
Scale indicators5 records
Recent moves8 records
Expansion highlights5 records
Zego competitors and assessment
Company assessmentDirect peers
- AppFolio: Cloud-based property management SaaS for residential and commercial portfolios with integrated online payments and resident tools. Targets the same mid-market and enterprise property manager segment as Zego.
- RealPage: Largest US multifamily property management software platform, offering payments, utility billing, and resident engagement capabilities that overlap directly with Zego's three core product lines. Both compete for the same property manager customer base.
- Avail: Rental management and listing platform with online rent collection and tenant screening, owned by Move/Realtor.com. Directly comparable online rent payment functionality for independent landlords and small portfolios.
- MRI Software: End-to-end real estate software platform covering multifamily, commercial, and affordable housing with payments and resident engagement modules. Competes for the same enterprise property management accounts.
- Buildium: Property management SaaS focused on small-to-mid-market residential portfolios, including HOA and rental managers. Competes head-to-head with Zego for the same SMB and HOA customer base.
- PayRent: Online rent payments platform focused on bank-level payments and resident credit building. Direct competitor to Zego Pay's core online rent collection functionality.
- Yardi: Dominant enterprise property management software suite for multifamily and commercial real estate, including payments and resident portals. Yardi competes both as a property management system Zego integrates with and as a direct native alternative.
- RentRedi: Residential rental management software offering rent collection, tenant screening, and landlord/tenant apps. Competes with Zego Pay for the same online rent payment use case at smaller portfolio sizes.
Emerging players
- Second Nature: Resident benefits package provider offering renters insurance, air filter delivery, and other perks bundled into rent. Competes with Zego's Resident Benefits Package solution for the same resident-retention and ancillary revenue use case.
- Flex: Rent payments platform that lets residents pay rent via credit card and build credit history, overlapping with Zego's Rental Credit Reporting and Flexible Rent Payments modules. Targets the resident-facing side of the same workflow.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Zego social profiles
Digital presenceZego compliance and trust
Trust signalCompliance2 records
Zego financial estimates
Financial estimateRevenue estimate
Valuation estimate
Zego leadership team
Management profileNumber of profiles
Profiles4 records
Zego funding detail
Funding detailFunding overview
Funding rounds3 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Zego M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Zego
What does Zego do?
Zego provides a property management automation platform that streamlines digital payments, utility billing, and resident engagement for property managers, HOAs, and residential real estate operators. Its three core products—Zego Pay, Zego Utility, and Zego Mobile Doorman—integrate with leading property management systems to automate rent and dues collection, expense recoupment, and on-site workflows for over 7,000 management companies.
Is Zego a public or private company?
Zego is a private company. It is classified as corporate owned and is currently operating.
When was Zego founded?
Zego was founded in 2003. It employs 251 to 500 people.
Where is Zego based?
Zego is headquartered in San Diego, United States, in the North America region.
How does Zego make money?
Three revenue lines are on record. Payment Processing Fees are the primary driver. The others are software Platform Subscription and rewards Program.
Who are Zego's main competitors?
Direct peers on record are AppFolio, RealPage, Avail, MRI Software, Buildium, PayRent, Yardi and RentRedi. Emerging players are Second Nature and Flex.
Does Zego have an API?
No public API is recorded for Zego.
What industry is Zego in?
Zego's product category is Property Management Software. Its primary akta.pro industry code is BPAJAFAA, Multifamily Apartment Property Management, with a secondary code of BPAJAFAH, HOA / Condominium Association Management. Its NAICS code is 531311 and its SIC code is 8741.