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Xplor Technologies

“Can a vertical-SaaS-plus-payments roll-up own the financial operating system for SMBs in fitness, field services, and education?”

Founded2021
HQAtlanta, Georgia, United States
IndustryVertical SaaS / Multi-vertical (Fitness, Field Services, Education, Personal Services) + Embedded Payments
The story

Xplor Technologies was created in 2021 by merging Advent International portfolio companies TSG (vertical SaaS for fitness, education, personal services) and Clearent/Xplor Pay (US payment processor). The strategic thesis is vertical SaaS + embedded payments across 'everyday life' verticals — fitness/wellness, field services (FieldEdge, Service Autopilot), education, parks & rec, and personal services. Since 2023 the company has been layering embedded financial products on top of its payments base — launching Xplor Capital in 2024 (powered by Parafin) and then opening that lending rail to third-party SaaS partners in 2025, positioning Xplor Pay as a payments-and-capital infrastructure provider to other ISVs.

Last 12 months
2025-05
2024-12
2024-04
Product timeline
2021
TSG (Transaction Services Group) and Clearent/Xplor Pay merge under Advent International to form Xplor Technologies, serving 82,000+ businesses across 158 countries.· acquisition
2023
Launched Xplor Pay omni-channel point-of-sale solution for SMBs.· launch
2023
Launched automated merchant onboarding platform for partners/ISOs/ISVs.· launch
2024
Unveiled Xplor Capital, embedded SMB financing via partnership with Parafin (loans issued by Celtic Bank).· lending
2024
Partnered with KORONA POS for retail payment processing.· launch
2025
Extended Xplor Capital to SaaS providers, enabling third-party software platforms to embed merchant financing.· lending
The stack
3 layers disclosed in Xplor Technologies’s embedded-finance stack
Payments / PSP
Xplor Pay (self-operated)Stripe (Connect)
Lending
in the full report
Sponsor bank
in the full report
Accounting gap: none
4 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.