When was PayProp founded?

PayProp was founded in 2004 and raised its 1st funding round 18 years after it was founded.

Where is PayProp located?

PayProp is headquartered in Cape Town, South Africa. It is registered at Bank House, 81 St Judes Road, Englefield Green, Surrey, TW20 0DF.

How many employees does PayProp have?

As of Aug 31, 2026, the latest employee count at PayProp is 60.

Is PayProp a funded company?

PayProp is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Dec 15, 2022.

When was the latest funding round of PayProp?

PayProp's latest funding was a $***** Seed round on Dec 15, 2022, with participation from 3 investors.

Where does PayProp rank among its competitors?

PayProp ranks 104th amongst 1496 active competitors, of which 101 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was AppWork, which secured $7M in Mar, 2026.

Who are the top competitors of PayProp?

PayProp's top competitors include AppFolio, Esusu and Entrata. Among them, AppWork secured the most recent funding round in March, 2026.

PayProp - 2026 Company Profile, Team, Funding & Competitors

PayProp is a seed company based in Cape Town (South Africa), founded in 2004. It operates as a Provider of cloud-based software for automating rental payments. PayProp has raised an undisclosed amount in funding from investors like Accel-KKR, The Better Home and Rational Expectations. The company has 1496 active competitors, including 101 funded and 83 that have exited. Its top competitors include companies like AppFolio, Esusu and Entrata.

Company Details

Provider of cloud-based software for automating rental payments. Provides a platform for the property management industry in real estate, aims to eliminate inefficiencies in back-office operations, lower administrative costs per transaction, and apply technology to automate the rent collection process.

Website: www.payprop.com/
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Registered Address: Bank House, 81 St Judes Road, Englefield Green, Surrey, TW20 0DF

Key Metrics

Founded Year

2004

Location

Cape Town, South Africa

Stage

Seed

Latest Funding Round

Seed, Dec 15, 2022, $*****

Investors

Accel-KKR & 2 more

Ranked

104^th among 1496 active competitors

Employee Count

60 as on Aug 31, 2026

Similar Companies

AppFolio & 1615 more

View PayProp's full profile

PayProp is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PAYPROP LIMITED CIN: 5405100 , Germany, Active	Mar 20, 2005	-	36 (As on Feb 29, 2020)

PayProp has raised funding over 1 round. Its latest funding round was a Seed round on Dec 15, 2022 for $*****. 3 investors participated in its latest round. PayProp has 3 institutional investors.

Here is the list of recent funding rounds of PayProp:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 15, 2022	6083463	Seed	4450125	6584849	2846798	7515948

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View details of PayProp's funding rounds and investors

PayProp's employee count trend

PayProp has 60 employees as of Aug 26. Here is PayProp's employee count trend over the years:

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Top competitors of PayProp include AppFolio, Esusu and Entrata. Here is the list of Top 10 competitors of PayProp, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	AppFolio 2006, Santa Barbara (United States), Public	SaaS-driven property management software for owners and residential property managers	$30M	Cisco Investments, Headline & 4 others	77/100
2nd	Esusu 2018, New York City (United States), Series C	Online platform offering credit-building solutions through rent payment reporting	$200M	Sinai Ventures, Acumen & 34 others	77/100
3rd	Entrata 2003, Lehi (United States), Series D	Provider of AI-powered property management software	$707M	Silver Lake, Niesbud & 8 others	74/100
4th	RealPage 1998, Richardson (United States), Acquired	Provider of AI-enabled property management software for residential properties	$97M	Apax, Leeds Equity Partners & 2 others	74/100
5th	DoorLoop 2019, Miami (United States), Series B	Developer of cloud software for managing residential and commercial properties	$182M	JMI Management, ASG & 1 others	70/100
6th	RentRedi 2016, New York City (United States), Series A	Provider of software for rental property management, listings, and tenanting	$15.9M	Tribeca ESP, TIA Ventures & 2 others	69/100
7th	Amenitiz 2017, Barcelona (Spain), Series B	Provider of an all-in-one management platform for independent hospitality businesses	$83.2M	Otium Capital, Eight Roads Ventures & 16 others	68/100
8th	Flex 1999, New York City (United States), Funding Raised	Rental payment solutions	-	Financial Venture Studio, Renn Global & 7 others	65/100
9th	HqO 2018, Boston (United States), Series D	SaaS-driven diversified building management solution for commercial spaces	$200M	Accomplice, Insight Partners & 19 others	65/100
10th	AppWork 2022, Ramsey (United States), Series A	SaaS-driven property management solution for property owners & managers	$20.1M	Resolve Growth Partners, Ginossar Ventures	61/100
104th	PayProp 2004, Cape Town (South Africa), Seed	Provider of cloud-based software for automating rental payments	-	Accel-KKR, The Better Home & 1 others	34/100