Corsair, a private equity firm targeting services, software, and payments investments in the financial services market, has acquired a majority stake in Aurora Payments (Aurora), a full-service payment solutions provider for small and medium sized businesses (SMBs) across a variety of industries.
Founded in 2005, Aurora offers a one-stop-shop solution for partners and merchants seeking to accept and receive electronic payments. Aurora’s bundled offering provides merchants with a wide range of products, services, customer technology, and support capabilities, including point of sale (POS) equipment, transaction processing services, and the ability to transfer funds between banks and merchants.
