PayProp Revenue & Valuation (2021)

PayProp is an automated cloud-based payment platform for the property management industry that is both easier to use and more powerful than existing solutions offered by banks and traditional software vendors. PayProp eliminates inefficiencies in back-office operations, lowers administrative costs per transaction, and applies leading technologies to automate entire processes. PayProp's advanced technology enables property managers to automatically and securely collect payments from tenants and make fully reconciled payments to all their beneficiaries.PayProp is currently available in the United Kingdom and in South Africa, where Naspersa leading multinational media and internet group with operations in more than 133 countries and a market capitalization of c. $50bnhas recently acquired a majority stake in the local operations.