Thursday 20 January 2022

US-based non-bank payment processor Celero Commerce has acquired electronic transaction processing provider Omega Technology, the company said.

With the addition of Kentucky-based Omega, Celero will serve over 50,000 merchants processing approximately USD 20bn in annual card volume.

Founded in 2003, Omega provides electronic payments solutions, business analytics, and software solutions for small businesses and financial institutions nationwide.

The acquisition of Omega is Celero's second in the last month and the company's eighth since its launch in late 2018.

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 payment processing services, business management software, and data intelligence to small and medium-sized businesses, empowering them to drive growth and profitability.