PayLease, a leading online payments provider for the property management and HOA industry, today announced that it has been featured on the San Diego Business Journal’s list of Fastest Growing Private Companies.
The firm ranked as the 27th fastest growing company in San Diego out of 100. This is the sixth consecutive year that PayLease has appeared on the list.
Companies on the list are ranked by revenue growth from 2012 to 2014. To qualify for the list, private companies must be headquartered in San Diego, CA, be in business since the beginning of 2012, and have generated revenues in excess of $350,000.
Between 2012 and 2014, PayLease grew its revenue grew by 148%, thanks to a continued demand for online payment services by HOAs and property management companies.
PayLease also considerably increased its number of local full-time employees, which is also a factor in determining companies on the Fastest Growing list. PayLease has also been recognized by the San Diego Business Journal for being one of the city’s best places to work.
Thanks to its recent acquisition of Ocius, a provider of resident billing and utility management services for the property management industry, PayLease is expected to continue its rapid growth over the next several years. The combination of the two companies now delivers the most progressive payments, resident billing and utility management solutions available to the property management industry.
PayLease, is a leading electronic payments provider for the property management industry, specifically targeting the multifamily, single family, HOA and commercial markets. PayLease provides property managers the ability to accept and manage rent payments and HOA payments through a secure online interface. With PayLease, residents are able to pay their property manager using an E-check or with a credit card. Since its inception in 2003, PayLease has grown to serve thousands of property management companies nationwide and is among the fastest growing technology companies in the United States. For more information, please visit www.PayLease.com.