← Embedded Finance Index 2026

Jonas Club Software

Can a 35-year vertical SaaS incumbent for private clubs turn embedded payments, AP, and compliance into a durable second act under Constellation ownership?

Founded1990
HQMarkham, Ontario, Canada
Latest roundAcquired by Constellation Software
IndustryVertical SaaS / Private Clubs
The story

Jonas Club Software is a vertical SaaS provider for private clubs (golf, country, city clubs) operating for 35+ years and serving ~2,300 clubs in 20+ countries. Owned by Constellation Software (Canadian serial-acquirer of vertical software). Historically an on-premise club management, POS, and back-office platform, it has been layering embedded finance in recent years — most notably Jonas Payments, CSI Pay (embedded AP with rebate revenue), and Stripe-powered mobile POS card acceptance — moving toward being the financial system of record for clubs.

Last 12 months
2026
2026
Product timeline
1990
Jonas Club Software founded to serve private clubs with management software.· founding
2024
Launched Jonas Payments as an embedded payments offering for clubs.· payments
2025
Launched ClubHouse Online Premium Mobile App with dynamic display, biometric access control, and geofenced arrival alerts.· product
2300
Grew to serve 2,300+ clubs across 20 countries.· growth
Acquisitions
MembersFirst
Digital marketing and website provider for private clubs, operated as Jonas Holdings LLC dba MembersFirst.
The stack
2 layers disclosed in Jonas Club Software’s embedded-finance stack
Payments / PSP
StripeJonas Payments (self-operated)CSI Pay
Payroll
in the full report
Accounting gap: none
1 more provider across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.