“Can a rent-payments processor become the operating system for the entire multifamily property management lifecycle?”
Founded in 2003 as PayLease, a bill-payment platform for property managers, the company rebranded to Zego in 2019 as it expanded from pure payments into a full property management automation suite (payments, utility billing, resident engagement). Acquired by Global Payments in 2021, Zego now operates as the real-estate vertical of Global Payments' integrated payments strategy — leveraging Global Payments' processing infrastructure to power rent collection, HOA dues, and resident payouts across 7,000+ property management companies.
Zego processes payments through Global Payments (parent).
Zego connects to bank accounts through Plaid.
Zego integrates with Rent Manager, AppFolio, Yardi, RealPage, ResMan, Entrata and MRI.
The Embedded Finance Index 2026 maps 4 layers in Zego's stack: Payments / PSP (Global Payments (parent)); Lending (Flexible Rent Payments); Open banking (Plaid); Accounting (Rent Manager, AppFolio, Yardi, RealPage and 3 others).
Zego is founded in 2003 and headquartered in San Diego, California, United States.
Zego has raised $2.5M (pre-acquisition) in total (latest round: Acquired by Global Payments).
Zego's acquisitions include Mobile Doorman (2021).
Get a read on where your own stack stands against Zego 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.