PayUp announces partnership with ResMan

By Edlyn Cardoza

PayUp, an early payment FinTech solution for small and medium-sized businesses, and a Rex company, announced it has partnered with ResMan, one of the leading property management systems that drives profitability and efficiency for nearly a thousand property management companies across the U.S. The FinTech company ensures convenient and affordable access to capital.

“Vendors in the real estate industry typically get paid 30 days after they complete work, which causes working capital issues, often costing them new business opportunities,” said Peter Rex, Executive Chairman and Founder of Rex. “Most available financing options for this market are complex and add debt to businesses that can’t afford it. PayUp is empowering vendors who perform critical work that ensure properties keep running and residents are well-served.”

The FinTech company partners with businesses and their customers to expedite payments providing a fully integrated experience that seamlessly fits into existing invoicing workflows and provides instant verification and early, predictable payouts.

“Partnering with an industry leader like ResMan is an exciting new chapter for our business,” said Denver Lobo, Co-Founder, and CEO of PayUp. “This partnership gives PayUp access to thousands of vendors who will be able to control their financial destiny.”

Rex is a technology company whose mission is to disrupt real estate and empower people with multiple tech solutions, ranging from insuring and paying workers to asset managing and investing. Founded by Peter Rex and headquartered in Austin, Texas.

PayUp is a FinTech company serving small and medium-sized businesses with early payment solutions. Its technology allows vendors to get paid early on their timeline.