← Embedded Finance Index 2026

Redstone Payment Solutions

Can a relationship-first, family-owned merchant services ISO differentiate through transparent pricing, local service, and bundled POS/MCA products against commoditized payment processors?

Founded1994
HQHouston, Texas, United States
IndustryFintech / Payments
The story

Founded in 1994 as a family-owned, relationship-driven merchant services ISO (Independent Sales Organization) based in Houston, Texas. The company has remained focused on small business payment processing but has expanded its value proposition to include Clover POS hardware, a merchant cash advance (MCA) product branded as 'Redstone Funding', and fee-elimination programs. Redstone operates as a registered servicer alongside Woodforest National Bank under a co-servicer model for card processing, with Pathward also listed as a banking partner. The company has not pursued venture funding and has remained a privately held, boots-on-the-ground merchant services organization with approximately 34 employees.

Last 12 months
Product timeline
1994
Founded as a family-owned merchant services company focused on credit card processing for small businesses.· pivot
2024
Expanded product line to include Clover POS systems as a primary hardware/software offering alongside payment processing.· pivot
The stack
4 layers disclosed in Redstone Payment Solutions’s embedded-finance stack
Payments / PSP
Woodforest National Bank (acquiring bank / co-servicer)
Banking / BaaS
in the full report
Lending
in the full report
Sponsor bank
in the full report
Accounting gap: significant
3 more providers across 3 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.