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Reapit

“Can a 25-year-old estate agency CRM become the financial operating system for property agents by owning client money, rent collection and payment rails?”

Founded1997
HQLondon, United Kingdom
Latest roundPE Growth
IndustryVertical SaaS / Real Estate
The story

Reapit began in 1997 as a CRM for UK estate and lettings agencies and has spent 25+ years consolidating sales, lettings, property management and client accounting onto a single platform. Backed by private equity (PE Growth as latest deal type per PitchBook), it has expanded internationally into ANZ and Denmark (Mindworking) and moved deeper into embedded finance via the acquisition of PayProp (rental payment automation) and the Australia-focused Reapit Payment Solutions/TrustIQ product for Centrepay rent collection. The core wedge remains vertical SaaS for property agencies, with client-money handling and payments as the primary embedded finance surface.

Last 12 months
2026-09
2026-06
Product timeline
1997
Reapit founded in London to build CRM for UK residential estate agencies.· founding
2024
Reapit Group acquires PayProp, adding rental payment automation.· acquisition
2026
Ascend '26 release announced; Reapit commits an additional £20M+ to innovation and unveils vision for the future of estate agency.· product
2026
Partners with Just Move In to improve the home move experience and open new revenue lines for agents.· partnership
Acquisitions
PayProp2024
Rental payment automation platform for lettings agencies; now part of the Reapit Group and jointly named as a data controller with Reapit.
source ↗
Mindworking
Danish estate agency software provider, operated as Reapit's Denmark brand.
The stack
3 layers disclosed in Reapit’s embedded-finance stack
Payments / PSP
PayProp (in-house)TrustIQ (self-operated)
Card network
in the full report
KYC
in the full report
Accounting gap: none
3 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.