← State of Embedded Finance 2026

Re-Leased

Can a commercial property management SaaS platform become the financial OS for landlords and property managers by embedding rent collection, reconciliation, and accounting connectivity into a single workflow?

Founded2013
HQNew Zealand
FoundersTom Wallace
IndustryVertical SaaS / Real Estate
The story

Founded in 2013 by Tom Wallace, Re-Leased was built to replace manual, paper-based commercial property management workflows with a cloud-native platform. The company expanded internationally across New Zealand, Australia, the UK, and Canada, and deepened its accounting integrations (Xero, QuickBooks, Sage Intacct, NetSuite, Microsoft Dynamics 365). In 2024, Re-Leased launched Re-Leased Pay — an embedded payments product powered by Stripe and GoCardless — moving from pure SaaS into embedded finance to capture rent collection flows worth $15bn+ annually. The strategic direction is to become the financial and operational OS for commercial property managers globally.

Last 12 months
2026-04
2026-03
Product timeline
2013
Tom Wallace founded Re-Leased after experiencing firsthand the inefficiency of manual rent collection and paper-based property management.· pivot
2022
Expanded entity presence to New Zealand, Australia, UK, and Canada with distinct legal entities in each jurisdiction.· expansion
2024
Launched Re-Leased Pay, an embedded payments product powered by Stripe, enabling tenants to pay rent via direct debit, credit card, and bank transfer.· banking
2026
Re-Leased Pay Terms updated April 2026, supporting ACH, BECS, Bacs, and Pre-Authorised Debit across US, Australia, UK, and Canada; platform manages 375,000+ leases globally.· banking
The stack
Payments / PSP
StripeGoCardless
Open banking
Gocardless
Accounting
XeroQuickBooks OnlineSage IntacctNetSuiteMicrosoft Dynamics 365Intuit Enterprise Suite
Accounting gap: none