← Embedded Finance Index 2026

Sonar Software

Can a vertical OSS/BSS platform for broadband ISPs consolidate the entire back office — including payments — into one operator-run system?

Founded2015
HQFrisco, Texas, United States (with Canada presence)
Latest roundPE Growth
IndustryVertical SaaS / Telecom (ISP OSS/BSS)
The story

Sonar has focused exclusively on OSS/BSS for broadband ISPs (fiber, WISP, cable, MDU, VoIP) since 2015. The company's embedded finance angle emerged with the launch of sonarPay — an integrated payment processing product for ISPs — which repositions Sonar from pure billing software toward being a payments-and-ops platform. sonarPay now runs alongside the legacy option to plug in third-party card processors (Stripe, Bambora, Moneris, Authorize.net, CardConnect, etc.) via Sonar's schema.

Last 12 months
2026-04
2025
Product timeline
2015
Sonar founded as cloud-based OSS/BSS platform purpose-built for ISPs.· founding
2017
Sonar 1.5 release adds Avalara tax integration and GoCardless-related billing capabilities.· product
2018
Sonar 2.0 release introduces new GraphQL-based API.· product
2024
sonarPay launched — Sonar's own integrated payment processing product for US ISPs.· payments
2025
sonarPay Canada goes live, extending native payments north of the border.· payments
2026
SOC 2 Type 2 audit completed with unqualified opinion; 385+ broadband providers on platform.· compliance
The stack
2 layers disclosed in Sonar Software’s embedded-finance stack
Payments / PSP
sonarPay (self-operated)StripeBamboraMonerisAuthorize.NetCardConnectProPayBluePayIPpayPayGateGoCardless
Money movement
in the full report
Accounting gap: significant
1 more provider across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.