“Can a vertical-first, acquisition-built cloud ERP suite become the third serious enterprise-software platform alongside SAP and Oracle by owning industry-specific workflows on AWS?”
Founded 2002 as Agilisys spinning process-manufacturing ERP out of SCT Corp, Infor grew primarily through acquisitions of vertical ERP assets (backed by Golden Gate Capital and Summit Partners) and rebranded as Infor after acquiring Infor Business Solutions AG in 2004. Koch Industries became progressively larger investor from 2017 onward and acquired the company outright in 2020 for ~$13B, taking Infor private and scrapping IPO plans. Modern Infor is a vertical-focused cloud ERP suite (CloudSuite) on AWS, competing with SAP and Oracle by leaning on industry-specific applications rather than horizontal breadth.
Infor processes payments through Adyen, CenPOS, Stripe and Kodaris.
Infor's lending and capital products are provided by Infor Nexus Payables Financing (in-house) and Infor Nexus Supply Chain Finance (in-house).
The Embedded Finance Index 2026 maps 4 layers in Infor's stack: Payments / PSP (Adyen, CenPOS, Stripe and Kodaris); Lending (Infor Nexus Payables Financing (in-house), Infor Nexus Supply Chain Finance (in-house), Infor Nexus Payables Financing, Infor Nexus Supply Chain Finance and 3 others); Spend / AP (Infor Expense Management (in-house)); Tax (Avalara).
Infor is founded in 2002 and headquartered in Atlanta, GA / New York, NY, United States.
Infor has raised $3.5B+ equity plus $6.1B debt (pre-acquisition) in total (latest round: Acquired by Koch Industries (2020); valuation: ~$13B (2020 acquisition)).
Infor's acquisitions include Infor Business Solutions AG (2004).
Get a read on where your own stack stands against Infor and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.