PayLease Secures National Attention in WSJ Profile
On the heels of our recent acquisition of Zego, which integrates its innovative smart apartment technology with our Payment, Resident Billing, and Utility Management platform, PayLease is now gaining national recognition, thanks to a recent profile in the Wall Street Journal, “Amazon’s Plan to Move In to Your Next Apartment Before you Do.”
Zego is noted as the “biggest push Amazon has made so far with rental properties” and its system is described in detail:
Zego has created a system that can be installed in apartments; each apartment gets a network of smart- home devices and a hub, the wireless radio that helps smart devices in the home to connect to the internet. Tenants either receive one of Amazon’s Echo speakers or bring their own, and can use it to control the apartment’s thermostat and locks, as well as other Alexa-compatible smart-home devices the tenants add on, which now range from light bulbs to microwave ovens.
The value of Zego for PayLease is clear, as is our commitment to continuing to evolve our platform to meet the changing needs of users. PayLease CEO Dirk Wakeham spoke to the Journal about the company’s aggressive expansion goals: to have Zego-built, Alexa-compatible smart-home systems in more than six million apartments in the U.S. within five years.
This recognition only fuels PayLease’s dedication to leading PropTech into its next phase to deliver a unified and modern living experience for residents of our 12.5 million units nationwide. To read the article in full, click here to view.
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