When Paul Macharia started Kiotapay less than 2 years ago he never envisioned the proptech startup would morph into a fast growing tech company in the Kenyan ecosystem. In the fast-paced world of property development, efficiency and automation are key to success. Kiotapay has built an end-to-end property management software which automates business processes for landlords and property managers.
Kiotapay offers a comprehensive suite of tools and features that streamline property operations. From tenant screening and lease management to rent collection and maintenance requests. Kiotapay automates these processes, reducing manual tasks and saving valuable time for landlords and property managers. By centralizing all property-related activities in one platform, the startup simplifies property management and ensures that nothing falls through the cracks.
Paul says the seamless automation has led to improved tenant satisfaction by optimizing property performance while increasing operational efficiency.
Proptech’s Key Benefits
Kiotapay’s self-service portal enables property owners and managers to access various features such as online rent collections, maintenance requests and lease agreement access. According to Mr Macharia, this approach increases tenant satisfaction and reduces administrative overhead for property managers.
Kiotapay also simplifies accounting processes by integrating financial management tools into its software to enable landlords and property managers to easily track rental income, generate financial reports, handle expenses, and automate rent collection.
“With accurate and real-time financial data at their fingertips, property owners can make informed decisions, identify revenue opportunities, and effectively manage cash flow and maximize profitability.” says Mr Macharia.
Paul also adds that the platform provides customization options by allowing landlords and property managers to tailor the software to their specific workflows and business processes.
“This flexibility ensures that the software aligns seamlessly with the unique needs of each property management business, enabling efficiency, productivity, and scalability.” adds Mr Macharia.
Kiotapay was also one of the 25 African fintech startups that were recently selected for the inaugural Amazon Web Services (AWS) FinTech Africa Accelerator cohort. This cohort was selected from over 500 applications and is part of the EMEA Startup Loft Accelerator (SLA) program run by AWS, the cloud computing division for the world’s largest e-commerce retailer, Amazon.
READ; AWS announces 25 startups selected for its first ‘fintech in Africa’ accelerator
