“Can a partner-ecosystem SaaS become the de facto payouts and revenue-sharing rail for B2B software distribution?”
PartnerStack is a Toronto-based PRM (partner relationship management) SaaS platform that runs affiliate, referral, reseller and co-sell programs for B2B SaaS companies. Its embedded-finance surface area is partner payouts: it collects commissions from client SaaS companies and pays out tens of thousands of partners globally, using Stripe, PayPal and Airwallex as the rails. In 2025 it was acquired by AppDirect, positioning the combined entity as a fuller B2B distribution platform.
PartnerStack uses Airwallex, Stripe and PayPal for FX and cross-border payouts.
The Embedded Finance Index 2026 maps 2 layers in PartnerStack's stack: Payments / PSP (Stripe and PayPal); FX & payouts (Airwallex, Stripe and PayPal).
PartnerStack is headquartered in Toronto, Canada.
Get a read on where your own stack stands against PartnerStack and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.