About Aurora Financial Services
Aurora Financial Services is a Financial Services company based in Purchase (United States) founded in 2009, and was acquired by Finicity in September 2015. Prepaid debit programs are managed and processed for corporations. The company was acqui-hired. Its focus areas include FinTech, Payments, Enablers and White Label Solutions. Its competitors include Prepaid Technologies, Apto Payments and Paysign; 2 of its 3 listed competitors have raised funding.
Company details
Aurora Financial System, Inc. (AFS) is a full-service prepaid debit program manager and processor assisting corporations with entering into the general spend card marketplace or enhance existing programs. Their services range from turn-key, off-the-shelf card programs, to white label or fully customized programs. Their patented ToggleGUAR technology is the only proactive consumer controlled solution to transaction fraud. AFS ToggleGUARDTM Technology innovation helps address the billions of dollars in annual transaction fraud. To mitigate risk, this patented technology puts cardholders in control by giving them the power to turn their card on and off protecting their funds from fraud. Prepaid product portfolio includes General Purpose Reloadable (GPR), Corporate Payroll, Prepaid Gift, Prepaid Corporate SpendExpense, Prepaid Private Label (Co-branded), Prepaid Business Travel, Prepaid Government Benefits and Consumer Rebates.
- Headquarters Purchase, United States
- Stage Acquired
- SectorsFinancial Services
- Website aurora-fs.com
- Social LinkedIn
- Acquired by Finicity (Sep 2015)
Investors in Aurora Financial Services
Aurora Financial Services has secured backing from 1 investor. Prominent investors backing the company include Finicity.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Open banking aggregation APIs are offered for financial services. | 1999 | finicity.com | Salt Lake City, United States |
Investor details for Aurora Financial Services
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Timeline of Aurora Financial Services
2 dated milestones of Aurora Financial Services across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Aurora Financial Services is founded.
- Exit Acquired by Finicity.
Competitors of Aurora Financial Services
Aurora Financial Services has 3 listed competitors in our database, 2 of them funded. They include Prepaid Technologies, Apto Payments and Paysign.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| in-prepaid.com | 1998 | Birmingham, United States | $101M | 29 | Prepaid card solutions are offered to banks and businesses. | |
| aptopayments.com | 2014 | San Francisco, United States | $45.57M | White-label solutions for prepaid card issuance | ||
| paysign.com | 1995 | Henderson, United States | 56 | Prepaid card payment solutions are provided for business sectors. |
Detailed competitors of Aurora Financial Services
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Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as Aurora Financial Services (Payments & Remittance Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | 16,622 | ||
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | 6,209 |
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Frequently Asked Questions about Aurora Financial Services
Aurora Financial Services was founded in 2009.
Aurora Financial Services is headquartered in Purchase, United States. It is registered at Purchase, New York, United States.
Aurora Financial System, Inc. (AFS) is a full-service prepaid debit program manager and processor assisting corporations with entering into the general spend card marketplace or enhance existing programs. Their services range from turn-key, off-the-shelf card programs, to white label or fully customized programs. Their patented ToggleGUAR technology is the only proactive consumer controlled solution to transaction fraud. AFS ToggleGUARDTM Technology innovation helps address the billions of dollars in annual transaction fraud. To mitigate risk, this patented technology puts cardholders in control by giving them the power to turn their card on and off protecting their funds from fraud. Prepaid product portfolio includes General Purpose Reloadable (GPR), Corporate Payroll, Prepaid Gift, Prepaid Corporate SpendExpense, Prepaid Private Label (Co-branded), Prepaid Business Travel, Prepaid Government Benefits and Consumer Rebates.
Aurora Financial Services's top competitors include Prepaid Technologies, Paysign and Apto Payments.
Aurora Financial Services has 1 investor. Key investors include Finicity.
Yes. Aurora Financial Services was acquired by Finicity in September 2015.