ZSuite Technologies nearly doubles property manager/landlord relationships for its partner financial institutions in 2019 with more than 750 new relationships

BURLINGTON, Mass., Jan. 16, 2020 /PRNewswire-PRWeb/ -- ZSuite Technologies announced today that in 2019 it helped its partner financial institutions attract over 750 new property manager/landlord relationships which is nearly double the total relationships from the previous year.

ZSuite Technologies helps financial institutions build strong, long-term relationships with their real estate and property management clients through their innovative products, ZRent and ZDeposit. ZSuite Technologies spun out of Leader Bank in 2019 and currently partners with financial institutions in Massachusetts, New York, Illinois, Montana, and most recently in New Jersey with two financial institutions joining as partners with $7.2 billion and $1.8 billion in assets respectively.

"Growing deposits is a challenge that many financial institutions are facing, and the ZSuite products have been proven to expand existing commercial relationships and create new ones with property managers, landlords, and HOAs," said Nathan Baumeister, CEO of ZSuite Technologies. "This real estate vertical represents a huge opportunity for community-based financial institutions. We are excited to play an important role in helping drive business and efficiencies for our partners and their clients."

About ZSuite Technologies

ZSuite Technologies is a financial technology company that aims to power banks and credit unions with differentiated banking solutions for profitable client segments. ZSuite's products ZRent (zrent.net) and ZDeposit (zdeposit.net) streamline rent and condo due payments, digitize security deposit account opening, and enable state-specific security deposit compliance. To learn more about ZSuite Technologies and how it can help your financial institution, please visit https://www.zsuitetech.com.

SOURCE ZSuite Technologies