Tempe, AZ, November 12, 2019 – Aurora, a leading Financial Service Provider (FSP) in the payments industry, has finalized a growth capital transaction for First Merchant Payment Systems (FMPS). The investment provided by Aurora will support FMPS, a Florida-based payments company, to extend the footprint of their proven success to additional markets and regional locations.
FMPS is a leader in payment processing for merchants of all industries. Kevin Winter, President and Co-Founder, has been in business for over 20 years with his wife, Lisa, SVP and Co-Founder, and son, Ryan Winter, VP of Sales. FMPS has seen double-digit growth each year by offering world-class customer service, white-glove support, and tailor-made payment processing services.
“We’re proud of the level of service we offer to our customers and foundation of trust we have established over the years,” said Kevin Winter. “We have a dedicated team to seek out wins for every one of our merchants and by doing so we hope to see several future generations leading FMPS. Partnering with Aurora will allow us to grow and expand meaning more clients will experience the FMPS services and solutions.”
In addition to growth capital funds, Aurora’s partnership supports FMPS with easy access to technology and the benefits of an existing ecosystem. As trusted and reliable leaders in the payments industry, Aurora and FMPS together will achieve rapid growth.
“Kevin Winter and the team at FMPS have the ideal business plan with an extensive history of growth,” said Brian Goudie, CEO of Aurora. “It just makes sense to work together as Aurora continues to increase its distribution through effective partners. It’s an exciting time to be working with FMPS and I look forward to their success now and in the future.”
Aurora Payments is a leading payment services and solutions organization headquartered in Tempe, Arizona, with 26,000 merchants and $10 billion in annual processing. As a financial service provider (FSP), Aurora has multiple bank sponsorships and lenders Prudential Capital and Goldman Sachs Specialty Lending Group, L.P. who has been a lender since 2015. Aurora offers a variety of best-in-class technology platforms and payment solutions supported by on-site underwriting and technical support experts that make up an all-in-one ecosystem to meet the needs for all payment mode acceptance, thriving revenue streams, and capital opportunities. One ecosystem. One agreement. One partner. One Aurora. For more information please visit https://www.risewithaurora.com.
About First Merchant Payment Systems (FMPS)
First Merchant Payment Systems was established in 1997, and is headquartered in Fort Myers, Florida. First Merchants has grown into a leading provider of credit and debit card-based payment processing services to small and medium sized merchants across the United States. As a full service merchant service provider (MSP), First Merchants has multiple bank sponsorships. First Merchants recently rolled out their payroll solutions to offer their merchants the ability to use a company they trust. For more information please visit https://www.fmps.com.