Celero Commerce Acquires Finical

Celero strengthens market leadership with acquisition of Dallas-based electronic payments provider

Celero Commerce (โ€œCeleroโ€), 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 Celeroโ€™s tenth acquisition since it launched in late 2018.

โ€œFinical and Celero share a common goal of providing the best technology, services and support to small and mid-sized businesses,โ€ stated Aaron Nasseh, founder of Finical. โ€œJoining 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.โ€

โ€œWe established Celero to deliver a proprietary suite of software and payments solutions to small and mid-sized businesses,โ€ said Celero founder and Chief Executive Officer Kevin Jones. โ€œThe 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.โ€

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.

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