PayUp
PayUp is a vendor payment automation platform for property management companies, processing ACH, digital, and physical check payouts in batch from a single interface and integrating deeply with PMS systems such as ResMan and Coupa.
- Company typePrivate
- Founded2021
- HeadquartersAustin, United States
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What PayUp does
PayUp, Inc. is a US-based fintech operating as a vendor payment automation platform purpose-built for property management companies. Founded as an internal tool within one of the largest property management operators in the US (a 24,000-unit portfolio that processed more than $30M in payments through the platform pre-launch) and now commercialized as a standalone product under Rex Tech Ventures, PayUp automates batch vendor payouts via three rails (ACH at ~0.9% per transaction, digital check, and physical check) from a single interface, with a vendor self-service portal that surfaces real-time payment status, full invoice history, and self-managed payment preferences.
The platform's core technology is its API- and PMS-integrated payment orchestration: it embeds inside ResMan and Coupa so that approved invoices flow automatically into PayUp and are disbursed to vendors without manual re-entry, and it pairs with BillRoute (AI-powered invoice processing) and IDCore (vendor compliance, including W-9, COI, and vendor scoring) as the payment-execution leg of Rex Tech Ventures' end-to-end AP automation stack. Money movement is delivered through Stripe (payment processing and money transmission) with funds held at FDIC-insured Fifth Third Bank N.A. accounts.
PayUp monetizes on a transaction-fee basis, with custom quote-based pricing tied to portfolio size (segments spanning <500 to 10,000+ units) and ACH processing at approximately 0.9%, while physical checks carry no vendor fee. Go-to-market is enterprise-direct: demo-driven, 15-minute personalized walkthroughs with volume-based custom pricing and multi-year contracts, distributed primarily through deep PMS integration channels and the Rex Tech family of vertical SaaS products.
PayUp firmographics
Firmographics- Name
- PayUp
- Legal name
- PayUp, Inc.
- Website
- https://payup.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- PayUp is a vendor payment automation platform for property management companies, processing ACH, digital, and physical check payouts in batch from a single interface and integrating deeply with PMS systems such as ResMan and Coupa.
- Ownership category
- akta.pro rank
PayUp industry classification
Industry- Product category
- Vendor Payment Automation
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Payouts, Disbursements & Mass Payments Infrastructure (FSAGABAN)
- akta.pro secondary industries
- Bill Pay, Invoicing & Payables Platforms (BPAMAFAF), Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB)
Keywords
Where PayUp is headquartered
LocationHeadquarters
- HQ city
- Austin
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
PayUp business model
Business model- GTM type
- B2B
- Offering type
- Software
Revenue model
- Payment Processing Fees: Transaction-based fees charged on payment volume. ACH fees approximately 0.9% per transaction. Digital check fees vary. Physical checks have no vendor fee.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Multi-year contract | Custom pricing based on transaction volume and portfolio size |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels2 records
PayUp product offering
Product offeringCore offering
PayUp is a vendor payment automation platform built for property management companies. It consolidates ACH transfers, digital checks, and physical check processing into a single integrated workflow and connects directly to property management systems. The product replaces manual check cutting and vendor follow-up with batch payment runs, a vendor self-service portal, and end-to-end payment visibility.
Product overview
PayUp is a vendor payment automation platform for property management companies. It is the payment execution component within Rex Tech Ventures' end-to-end AP automation stack. The platform automates vendor payments including ACH, digital checks, and physical checks, and provides a vendor self-service portal. It integrates with BillRoute (AI-powered invoice processing) for complete AP automation from invoice receipt to vendor payout.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- Hours saved per week on manual check cutting and ACH transfers
- +1 more outcomes
Companies that use PayUp
Customer profileNamed customers3 records
Segments2 records
PayUp technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature4 records
PayUp partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and strategic or co-development partner.
- Stripe Payments CompanycoreStripe handles payment processing and money transmission services for PayUp's platform. PCI DSS compliant payment processing infrastructure.
- Fifth Third Bank N.A.coreFunds held at FDIC-insured accounts at Fifth Third Bank N.A., Member FDIC. Banking partner for payment processing.
- ResMancoreDeep PMS integration with ResMan for batch payment processing. Approved payments flow directly into PayUp and are automatically distributed to vendors. Accountants can select PayUp as payment processing option directly from their normal workflow.
- Coupastrategic or co-development partnerIntegration with Coupa for invoice approval and payment processing workflows. Approved payments route directly to PayUp for vendor disbursement.
- BillRoutecorePart of Rex Tech Ventures AP automation stack. AI-powered invoice processing paired with PayUp's payment execution for complete invoice-to-payout automation.
- IDCorecorePart of Rex Tech Ventures AP automation stack. Vendor compliance validation including W-9 verification, COI tracking, and vendor scoring that can gate payment eligibility.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
PayUp competitors and assessment
Company assessmentBroad incumbents
- AppFolio: AppFolio is a property management platform serving SMB and mid-market operators with built-in payments and AP features. It is comparable to PayUp's customer base and could be either a competitor or integration partner.
- Yardi: Yardi is a dominant property management software suite. It overlaps with PayUp by offering payment-related workflows inside its PMS and represents both a competitor and a potential integration/distribution partner for PayUp.
- RealPage: RealPage is a large property management software platform with payment and resident billing capabilities. It is comparable as a broad incumbent that could either compete with PayUp's payments layer or serve as a partner PMS.
- Ramp: Ramp is a corporate card and spend management platform with vendor bill pay and AP workflows. While not vertical-specific, it competes for the same SMB/mid-market AP team's wallet share that PayUp targets.
Direct peers
- AvidXchange: AvidXchange is an AP automation platform with deep penetration in property management and other verticals. It is the closest direct competitor to PayUp, offering invoice-to-payment workflows that overlap directly with PayUp's batch vendor payment execution.
- BILL (formerly Bill.com): BILL provides B2B accounts payable and receivable automation with ACH and check payment execution for SMBs and mid-market. It competes head-to-head with PayUp on AP automation and vendor payouts, but serves a broader set of verticals.
- Melio: Melio is a B2B payments platform focused on SMB vendor bill pay via ACH and check. It is comparable to PayUp in target customer (SMB AP teams) and core payment methods, though without PayUp's vertical depth in property management.
- Plastiq: Plastiq enables businesses to pay vendor bills via credit card or ACH, including checks. It addresses a similar SMB AP pain point (manual payments, vendor disbursements) and competes for the same vendor payment workflows PayUp targets.
- Tipalti: Tipalti is a mass payouts and AP automation platform processing vendor disbursements globally. While more focused on marketplaces and international payouts, it competes with PayUp on multi-method vendor payment execution at scale.
- Stampli: Stampli offers AI-driven AP automation with invoice-to-payment workflows and vendor collaboration. It is comparable to PayUp's broader AP automation positioning and the BillRoute/IDCore portions of the Rex Tech stack.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
PayUp social profiles
Digital presencePayUp financial estimates
Financial estimateRevenue estimate
Valuation estimate
PayUp leadership team
Management profileNumber of profiles
PayUp funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PayUp M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PayUp
What does PayUp do?
PayUp is a vendor payment automation platform built for property management companies. It consolidates ACH transfers, digital checks, and physical check processing into a single integrated workflow and connects directly to property management systems. The product replaces manual check cutting and vendor follow-up with batch payment runs, a vendor self-service portal, and end-to-end payment visibility.
Is PayUp a public or private company?
PayUp is a private company. It is classified as corporate owned and is currently operating.
When was PayUp founded?
PayUp was founded in 2021. It employs 1 to 10 people.
Where is PayUp based?
PayUp is headquartered in Austin, United States, in the North America region.
How does PayUp make money?
One revenue line is on record: payment Processing Fees.
Who are PayUp's main competitors?
Broad incumbents on record are AppFolio, Yardi, RealPage and Ramp. Direct peers are AvidXchange, BILL (formerly Bill.com), Melio, Plastiq, Tipalti and Stampli.
Does PayUp have an API?
No public API is recorded for PayUp.
What industry is PayUp in?
PayUp's product category is Vendor Payment Automation. Its primary akta.pro industry code is FSAGABAN, Payouts, Disbursements & Mass Payments Infrastructure, with a secondary code of BPAMAFAF, Bill Pay, Invoicing & Payables Platforms. Its NAICS code is 52232 and its SIC code is 7372.