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On the recordRead 14 Oct 202646 facts
PayProp
PayProp · London, United Kingdom · founded 2004
Plans and prices
Monthly service fee
£1a month
processing volume based · percentage decreases with higher volume
Read 14 Oct 2026 · payprop.com
License
£79a month
quote required for exact pricing
Read 14 Oct 2026 · payprop.com
Once-off setup fee
Priced on request
depends on portfolio size
Read 14 Oct 2026 · payprop.com
PayProp
Priced on request
Pricing depends on portfolio size and processing volume
Read 4 Oct 2026 · payprop.com
On the record
- API authentication
- The API supports account API keys and OAuth 2.0 using client IDs, client secrets and user access tokens over HTTPS.us.payprop.com · read 14 Oct 2026
- API licensing
- API intellectual property remains with PayProp and customers receive a limited, non-exclusive, non-transferable licence; additional API service charges may apply.uk.payprop.com · read 14 Oct 2026
- API scope
- The API documentation covers exports, reports, webhooks, tags, attachments and maintenance-ticket operations.us.payprop.com · read 14 Oct 2026
- Arrears management
- Live payment-status views and automated email or text reminders help agents identify and pursue arrears.payprop.com · read 14 Oct 2026
- Automated accounting
- Rules can automatically distribute commissions, contractor payments, landlord payments and other approved payouts.payprop.com · read 14 Oct 2026
- Automated payments
- Based on rules set by the user, PayProp pays commissions, contractors, landlords and other recipients, potentially on the day the tenant pays rent.payprop.com · read 4 Oct 2026
- Backups and audit trail
- The service says data is replicated across data centres, backed up off-site and recorded in an undeletable transaction log.payprop.com · read 14 Oct 2026
- Client communications
- PayProp generates branded invoices, statements, receipts, payment notices and reminders for tenants, landlords and contractors.payprop.com · read 14 Oct 2026
- Client funds
- The UK site says client funds are held in designated CMP-recognised NatWest client money accounts and that FSCS protection may apply subject to eligibility and prevailing rules.payprop.com · read 4 Oct 2026
- Client-money protection
- Funds are held in ring-fenced accounts separated by property, landlord and intended purpose, with FSCS protection stated for eligible UK funds.payprop.com · read 14 Oct 2026
- Company facts
- LinkedIn lists PayProp as privately held, founded in 2004, headquartered in Sevenoaks, Kent, with 51–200 employees.linkedin.com · read 14 Oct 2026
- Company scale
- LinkedIn says the platform processes more than £300 million annually across more than 200,000 properties.linkedin.com · read 14 Oct 2026
- Device access
- The pricing page says PayProp is optimized for desktop, tablet and mobile phone use.payprop.com · read 4 Oct 2026
- Integrations
- Listed integrations include Automated Accounting, Xero, Nexus, Homebox, Mailchimp, Fixflo, PadBoss, Property Inspect and Reapit.payprop.com · read 14 Oct 2026
- Investment and merger
- PayProp says it received Accel-KKR investment in 2022 and merged with Reapit in 2023.payprop.com · read 14 Oct 2026
- Legal entity and ownership
- Crunchbase identifies the legal name as PayProp Services, LLC, lists Reapit as acquirer and records founders Jaco and Johannes van Eeden.crunchbase.com · read 14 Oct 2026
- Limit: block-management fit
- A reviewer said adapting PayProp to block management was difficult and produced confusing statements and reconciliation problems.softwareadvice.com · read 14 Oct 2026
- Limit: interface and onboarding
- Some reviewers report a slow interface, time-consuming data entry and difficulty learning or initially integrating the system.softwareadvice.com · read 14 Oct 2026