“Can a small ISO/payments company expand from merchant acquiring into a full embedded finance stack — combining POS software, banking, and capital — to become the one-stop financial platform for SMB merchants?”
Paymentclub operates as an ISO/payment facilitator program targeting merchants, ISOs, and software partners in the US. The company offers a ClubPOS software suite, an online payments product, and a ClubZero surcharge program, positioning itself as a full-stack merchant services provider. It has announced an embedded banking/BaaS product (still on waitlist as of 2023) powered by Evolve Bank & Trust, Esquire Bank, and Wells Fargo. The company has a wholesale ISO/BIN program allowing portfolio portability, reflecting its roots in the agent/ISO channel rather than direct consumer fintech.
Paymentclub discloses Evolve Bank & Trust as its banking provider, according to the Embedded Finance Index 2026.
Paymentclub does not disclose a bank charter of its own; its banking services are provided through Evolve Bank & Trust.
Paymentclub processes payments through Evolve Bank & Trust (acquiring/sponsorship), Esquire Bank (acquiring/sponsorship) and Wells Fargo Bank (acquiring/sponsorship).
The Embedded Finance Index 2026 maps 3 layers in Paymentclub's stack: Payments / PSP (Evolve Bank & Trust (acquiring/sponsorship), Esquire Bank (acquiring/sponsorship) and Wells Fargo Bank (acquiring/sponsorship)); Banking / BaaS (Evolve Bank & Trust); Sponsor bank (Evolve Bank & Trust).
Paymentclub was founded by Anthony Kutscher and Alexander Ilinski and is headquartered in North Miami Beach, Florida, USA.
Get a read on where your own stack stands against Paymentclub 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.