What Yorlet does

Yorlet is a London-based software and payments platform serving the UK residential lettings and property management industry. Founded in 2016, the company provides an integrated platform that automates the full lettings lifecycle — from tenant applications and referencing through digital contract signing, deposit protection, rent collection, arrears recovery, owner statements, and regulatory compliance. The company serves mid-market and enterprise property managers, build-to-rent operators, and global property managers through a hybrid go-to-market model combining enterprise field sales with an API-first developer platform.

The product suite is built around six core products (Leasing, Billing, Owners, Payments, Guardrails, and Platform) plus four optional add-on modules (Enquiry Management, Maintenance, AI-powered Inbox, and Dashboard). The underlying technology is a RESTful API architecture returning JSON payloads, with Bearer token authentication, sandbox and production environments, webhooks, and idempotency support. Yorlet has assembled deep native integrations across UK-specific regulatory rails: all three statutory deposit protection schemes (TDS, DPS, mydeposits), three referencing providers (Canopy, Homelet, Let Alliance), and a broad payment method matrix spanning cards, BACS Direct Debit, SEPA, Open Banking via Plaid, Apple Pay, Google Pay, and Alipay. Embedded payment infrastructure is operated through Yorlet Payments UK Ltd, a wholly-owned FCA-authorised subsidiary functioning as an electronic money institution.

Yorlet generates revenue through SaaS subscriptions for its property management platform plus transaction-based fees on embedded payment processing. Named enterprise customers include Select Residential, ACL, Gilbert & Rose, Salboy, Urbanbubble, Affinity Living, Caro, and Local. The company maintains 99.99% uptime SLA with infrastructure spanning hundreds of servers worldwide, and reports operational metrics of £B+ property managed and £M+ payments processed (specific figures not disclosed).

Name

Yorlet

Legal name

Yorlet Ltd

Website

https://yorlet.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Yorlet is a London-based API-first software and payments platform serving UK letting agents, property managers, and build-to-rent operators. It automates tenancy workflows, embedded rent collection, owner management, and compliance through six integrated core products.

Ownership category

akta.pro rank

Product category

Property Management Software

NAICS

Rental and Leasing Services (532)

SIC

Services-Equipment Rental & Leasing, Nec (7359)

akta.pro primary industry

Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE)

akta.pro secondary industry

Residential Lease Administration & Tenant Services (BPAJAFAL)

Keywords

• Property management software
• Lettings workflow automation
• Rent collection platform
• Embedded payment processing
• Tenant screening services

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations

Revenue model

1. Platform/SaaS Subscription: Property management software-as-a-service subscription providing end-to-end lettings workflow automation including leasing, billing, payments, and owner management.
2. Payment Processing: Embedded payment infrastructure fees for processing rent collections, deposits, and fund transfers between tenants and landlords.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Yorlet provides an end-to-end software and payments platform that automates the entire lettings workflow for property managers — covering tenant applications, screening, digital contracts, deposit protection, rent collection, arrears recovery, landlord payouts, and regulatory compliance. The platform unifies leasing, billing, owner management, embedded payments, and compliance monitoring behind a single API-first system, with optional modules for enquiries, maintenance, AI-driven communications, and dashboards.

Product overview

Yorlet is a unified property management platform built as a platform-plus-modules architecture. The core platform consists of six integrated products: Leasing (tenancy automation), Billing (rent collection), Owners (landlord management), Payments (embedded payments), Guardrails (compliance), and Platform (API). These core products work together as an integrated system—the Leasing product feeds into Billing for automated invoicing, Payments processes all transactions, Owners receives automated statements, and Guardrails ensures compliance throughout. Additional capabilities are available as optional add-on modules: Enquiry Management, Maintenance, Inbox (AI-powered communication management), and Dashboard. The Platform product exposes Yorlet's API for custom integrations and extensions.

Differentiator

Problem solved

Functional benefit

Products and services

• Leasing End-to-end tenancy process automation for property managers covering tenant applications, automated screening, digital contracts, deposit collection, and renewal workflows; reduces tenancy admin by 75% and enables 50% faster property fill rates.
• Billing Automated rent collection and reconciliation for property managers with multi-payment support, instant arrears escalation, real-time financial reporting, and 99% on-time rent collection target.
• Owners Landlord, supplier, and leaseholder management module providing automated statements, instant payouts, KYC/AML compliance checks, NRL6 tax handling, and transparent reporting.
• Payments Embedded payment infrastructure that moves funds from tenant to landlord in seconds rather than days, with fraud prevention and support for cards, direct debit, Apple Pay, Google Pay, Open Banking via Plaid, and other payment methods.
• Guardrails Compliance monitoring and risk mitigation module that automates right-to-rent checks, KYC/AML verification, and deposit protection scheme registration with TDS, DPS, and mydeposits.
• Platform (Lettings API) API-first developer platform offering a RESTful API with sandbox and production environments, Bearer-token authentication, idempotency keys, and endpoints for applications, buildings, customers, units, deposits, references, tenancies, invoices, subscriptions, payments, transactions, owners, and checkout sessions — for technical teams building on Yorlet.
• Inbox (AI Lettings Administrator) AI-powered communication management module that logs, prioritizes, and assigns all tenant communications (viewing requests, maintenance issues, queries) to appropriate team members using natural language understanding.
• Maintenance Repair request and maintenance issue management module with supplier onboarding, automated payout workflows, and contractor deductions for property managers.
• Enquiry Management Lead management module enabling teams to assign enquiries, book viewings, qualify leads, and collect marketing data, with integration into property websites.
• Dashboard Dynamic reporting dashboard customized to display key business metrics with rich financial analytics and full data exporting capabilities for property managers.

Quantifiable outcome

• Reduce tenancy admin by 75%
• +5 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration15 records

AI capability5 records

Feature7 records

Partnerships

Four partnerships are on record, tiered core.

• TDS (Tenancy Deposit Scheme)coreTechnology or IntegrationIntegrated deposit protection scheme supporting deposit registration, deduction management, and dispute handling for compliant deposit handling under UK regulations.
• DPS (Deposit Protection Scheme)coreTechnology or IntegrationIntegrated deposit protection service for custodial and insured deposit schemes, providing automatic registration notifications and compliance tracking.
• Canopy (Referencing Provider)coreTechnology or IntegrationAutomated tenant referencing integration supporting instant and full reference checks with automatic guarantor screening for rental applications.
• Yorlet Payments UK LtdcoreTechnology or IntegrationAuthorised payment services provider and electronic money institution subsidiary handling payment services, fund transfers, and regulatory compliance for payment processing.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Market position

Competitive moat5 records

Customer concentration

• Xx.com/YorletHQ
• LinkedInlinkedin.com/company/yorlet

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Yorlet