Paylode is embarking on a new future following Moved’s acquisition of the company which sets Paylode up to target a much bigger audience.
“We built Paylode to turn everyday customer touchpoints into meaningful, monetizable experiences through perks and ancillary partnerships,” Paylode founder and CEO Mikhail Naumov said in a statement. “Together with Moved, we are accelerating our vision and leveraging our industry-leading ancillary revenue automation stack to unlock massive opportunities in the residential real estate sector and beyond.”
Moved, which has established itself as a company that helps property managers simply the move-in and move-out prcesses, is a proptech platform that automates moving logistics and revenue streams for apartment operators and will now have access to Paylode’s perks-as-a-service technology as well as their expansive partner ecosystem made up of over 550 brands.
“This marks an exciting new chapter for Moved and a major step forward in the value we deliver to our real estate clients and their residents,” Adam Pittenger, Moved’s founder and CEO added. “Paylode’s team and technology are best-in-class, and integrating their platform into the Moved OS adds a powerful new layer to automate ancillary revenue and elevate the resident journey.”
The deal brings the two companies together as they support over 1.2 million residential units and generate tens of millions of dollars in potential ancillary revenue for landlords as they help save residents up to $1,00 per move via their curated offers.
