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Paysimple

Can a mid-market embedded payments platform owned by EverCommerce become the default payments infrastructure layer for vertical SaaS companies serving small service businesses?

HQDenver, CO
Latest roundSep 20, 2016
IndustryInfrastructure / Payments
The story

PaySimple started as a billing and payment software provider for small service-based businesses, offering recurring billing, invoicing, and ACH/card acceptance. After acquisition by EverCommerce, it repositioned as an embedded payments infrastructure layer for vertical SaaS software partners — enabling ISVs such as ServiceFusion, DrChrono, and SalonBiz to offer native payments under their own brand. The embedded model now supports omnichannel payments (in-person via SDK, online via hosted forms, and back-office), with Worldpay from FIS as the primary acquiring partner and Stripe as a secondary processor supporting ACH and BNPL via Klarna.

Last 12 months
Product timeline
2016
Last known external funding round completed (Sep 2016), per Crunchbase.· other
2019
PaySimple acquired by EverCommerce; now operates as EverCommerce Solutions Inc. DBA PaySimple, Inc.· acquisition
2022
Launched EverCommerce Payments SDK (ECP SDK) enabling partners to embed Stripe Tap to Pay on iPhone for in-person contactless payments.· payments
2024
Developer portal updated to document dual-processor support: Worldpay from FIS for primary acquiring and Stripe for credit card and ACH payments, reflecting multi-processor strategy.· payments
The stack
3 layers disclosed in Paysimple’s embedded-finance stack
Payments / PSP
WorldpayStripe
Money movement
in the full report
Lending
in the full report
Accounting gap: significant
2 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.