Zego

Zego, previously operating as PayLease and branded "Zego (Powered by PayLease)", is a real estate technology company that sells workflow automation and resident experience management software to property management companies and community associations, primarily in the United States. Its cloud-native SaaS platform covers the residential real estate lifecycle, including leasing and onboarding, one-time and recurring rent and homeowner-dues payments, work orders, utility management (accounts payable, resident statements, RUBS and submeter billing), resident communications, renewals, and offboarding. A resident-facing mobile app allows self-service of routine tasks, while integrations with property management accounting systems feed data back into the operator's back-end system.

The product set is positioned across portfolio types including traditional multifamily, single family, HOA/community associations, student housing, manufactured housing, build-to-rent, and corporate housing. Zego markets differentiated support (24x7x365 resident support, client success managers, four-time Stevie Award winner for client support) and security controls including an annual SSAE18 review, PCI Level 1 compliance, and 256-bit encryption for sensitive data. The company also publishes industry research, such as an annual Resident Experience Management report drawing on surveys of renters and multifamily companies.

Zego was acquired by Global Payments Inc. (NYSE: GPN) from Vista Equity Partners under an agreement announced in May 2021. Global Payments described the deal as extending its software leadership into the real estate vertical, a target addressable market it sized at $6.5 billion. Zego continues to operate under its own brand at gozego.com.

Business model

Zego sells software to property management companies, property owners, and homeowner/community associations, combining SaaS workflow automation with integrated payment processing. Pricing is not published; the website directs prospects to request pricing.

Sources indicate a combination of software for property management operators and an integrated payments offering through which Zego facilitates approximately $30 billion in payments annually; specific pricing or revenue figures are not disclosed in the sources.

Traction

Over 7,000 property management customers representing more than 11 million US residential units, and approximately $30 billion in payments facilitated annually as of the May 2021 acquisition announcement; the company's website continues to cite 7,000+ management companies and 20+ years of operation.

Latest developments

Zego continues to operate under its own brand, publishing a 2026 Resident Experience Management Report based on feedback from over 1,000 renters and 600 multifamily companies, building on six years of prior property manager surveys.