“Can trust-accounting automation plus embedded payments become the default operating system for Australia/NZ management rights and short-term rental operators?”
Resly was born from the observation that trust accounting in Australia/New Zealand short-term rentals and management rights was manual, painful and non-compliant. Launched in 2020 as a cloud PMS that pairs channel management and commission-free direct bookings with automated trust accounting, using open banking (via Basiq) to auto-reconcile trust accounts against live bank feeds. Embedded finance is limited to ReslyPay (card acceptance) and open-banking-driven trust reconciliation — the company is not a lender, issuer, or BaaS platform.
Resly processes payments through ReslyPay (self-branded) and PayAdvantage.
Resly connects to bank accounts through Basiq.
Resly integrates with Xero.
The Embedded Finance Index 2026 maps 3 layers in Resly's stack: Payments / PSP (ReslyPay (self-branded) and PayAdvantage); Open banking (Basiq); Accounting (Xero).
Resly was founded by Sam Steel and Rico Chen and is founded in 2019, headquartered in Bundall, Queensland, Australia.
Get a read on where your own stack stands against Resly and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.