Celero strengthens market leadership with acquisition of Dallas-based electronic payments provider
Celero Commerce (“Celero”), a top ten U.S. non-bank payment processor, today announced the acquisition of Finical, a provider of electronic payments technology. With the addition of Dallas-based Finical, Celero will process approximately $25 billion in annual card volume.
Founded in 2012, Finical provides small and medium-sized businesses with tailored payments solutions and superior customer support. The acquisition of Finical is Celero’s tenth acquisition since it launched in late 2018.
“Finical and Celero share a common goal of providing the best technology, services and support to small and mid-sized businesses,” stated Aaron Nasseh, founder of Finical. “Joining forces with Celero is an exciting step for us as the combination will enable our team members and customers to grow through innovation and customer-centric solutions.”
“We established Celero to deliver a proprietary suite of software and payments solutions to small and mid-sized businesses,” said Celero founder and Chief Executive Officer Kevin Jones. “The addition of the Finical team complements our capabilities in a way that will allow us to better serve our customers. We are excited to welcome the Finical team to the Celero family.”
About Celero Commerce
Headquartered in Nashville, Celero Commerce is a full-service, integrated electronic commerce solutions provider powered by leading-edge technology, strategic partnerships, and business intelligence. Celero offers small and medium-sized businesses payment processing services, business management software, and data intelligence, empowering them to drive growth and profitability. Visit https://www.celerocommerce.com/ to learn more.
View source version on businesswire.com: https://www.businesswire.com/news/home/20231011422554/en/
Contacts
Celero Commerce
Scott Farace, Chief Marketing Officer
scottf@celerocommerce.com
972-533-5655