Fortis
“Can a developer-first payment facilitator become the embedded finance OS for vertical SaaS and ERP platforms serving B2B merchants?”
HQUnited States
IndustryInfrastructure / Payments
The story
Fortis began as a payment facilitator focused on embedded payments for ISV software platforms, offering developer-first APIs and ERP integrations. The company has since expanded from core card-and-ACH processing into adjacent embedded finance products including working capital (Fortis Capital) and B2B AR automation. Its primary go-to-market is through software platform partnerships (ISV channel), embedding payment acceptance into vertical SaaS and ERP workflows rather than serving merchants directly.
Last 12 months
—
Product timeline
2021
Operating as Fortis Payment Systems, LLC providing payment facilitator services under formal Terms and Conditions with acquirer bank relationships.· payments
2023
Launched embedded payments integrations with major ERP platforms including QuickBooks, Sage, and NetSuite targeting B2B accounts-receivable use cases.· payments
2024
Launched Fortis Capital, a merchant cash advance / working capital product offering up to $350,000 with same-day funding.· lending
The stack
4 layers disclosed in Fortis’s embedded-finance stack
Payments / PSP
Fortis Payment Systems (self-operated)
Money movement
in the full report
Lending
in the full report
Accounting
in the full report
Accounting gap: minor
6 more providers across 3 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.