360 Payment Solutions
“Can a transparency-first payments processor become the full financial operating system for SMB automotive and service businesses?”
HQ197 E Hamilton Ave, Ste. 102, Campbell, CA 95008
IndustryVertical SaaS / Payments
The story
Founded as a transparent, fee-honest credit card processor targeting small businesses, 360 Payments built early credibility in the automotive repair shop vertical. By 2021, leveraging its merchant relationships, the company layered in embedded capital via Parafin—becoming a financial services partner, not just a processor. Most recently, 360 Payments launched a branded spend card (powered by Marqeta/Column N.A.) and cash account, signaling an evolution toward a fuller SMB financial services stack.
Last 12 months
Product timeline
2021
360 Payments launched 360 Capital, an embedded financing program built with Parafin offering MCA, Term, and Flex loans to small business merchants.· lending
2025
360 Payments and Parafin announced $100M+ cumulative origination volume across 900+ funded businesses through the embedded capital program.· lending
2025
360 Payments launched the 360 Spend Card (issued by Column N.A., powered by Marqeta) and 360 Cash Account, extending financial services to merchant customers.· card
The stack
5 layers disclosed in 360 Payment Solutions’s embedded-finance stack
Payments / PSP
360 Payments (self-operated)First DataTSYS
Banking / BaaS
in the full report
Card issuing
in the full report
Lending
in the full report
Sponsor bank
in the full report
Accounting gap: significant
8 more providers across 4 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.