The future of credit checks

Comment

The future of credit checks

There can be few things as mortifying and damaging to a rental business as placing the wrong tenant. The credit check looked good on paper but the deal still went pear-shaped. What was missed?

Our PayProp Capital team solved this problem by developing a unique algorithm which combines tenants’ historic payment behaviour with their future propensity to pay – delivering deeper insight into tenant risk.

Comment

PayProp mentioned as a proptech revolutionary by Property Week

Comment

PayProp mentioned as a proptech revolutionary by Property Week

From the article The proptech revolutionaries published in propertyweek.com on 21 November 2014:

“There’s been a remarkable movement in the way businesses operate, driven by technology that allows them to be much more efficient than previously,” says Mark Hartley, a member of KPMG’s Shoreditch-based high growth technology group, which works with small businesses that have potential. “We’re seeing this happen in a number of areas such as marketing, creative industries and financial services. That’s now coming through into property. We’re about to see a lot of different solutions emerge.”

An example cited by Hartley is PayProp, an automated transactional platform that tellingly can be accessed via mobile...

Read more

Comment

PayProp & Stats SA

Comment

PayProp & Stats SA

Congratulations to our South African PayProp team: Their Rental Index has gained a serious following in its three short years of tracking local residential letting trends. As the largest processor of residential letting transactions in the South Africa, PayProp's local operations automates more than 2 million trust account transactions annually – and it is these transactional values that inform the PayProp Rental Index.

With this excellent basis, the Index became a valuable source of information to the industry over time, also attracting the attention of a number of high-profile organisations. One of these is the august Statistics SA, which will start using PayProp Rental Index data from this month onwards as a reliable indicator of the major trends concerning one of the largest expense categories of normal households.


Comment

Photos: 2014 Alpine rendezvous

Comment

Photos: 2014 Alpine rendezvous

Photos from the 2014 GivenGain Dinner, our annual Alpine rendezvous in the company of friends. We think the photos look fantastic (thanks Luke). Note that none are tagged with names, but if you would prefer us to remove one or more you appear on and that you don't particularly like, just let us know.

Comment