Celero Commerce acquires electronic payments provider Finical

By Delisha Fernandes

October 12, 2023

Acquisition
Business Intelligence
business management software

Celero Commerce, Finical, acquisition, electronic payments, non-bank payment, SMEs, business intelligence, business management software, FinTech news, FinTech US Celero Commerce (“Celero”), a US non-bank payment processor, has announced the acquisition of Finical, a Dallas-based provider of electronic payments technology.

This acquisition will enhance Celero’s capabilities and enable it to 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,” said 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.”

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.

“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.”

October 12, 2023