Celero
Celero is a Calgary-based Canadian financial technology company serving financial institutions. Founded in 2003, it operates privately with 251-500 employees and is led by CEO Richard Hannah, delivering fintech solutions.
- Company typePrivate
- Founded2003
- HeadquartersCalgary, Canada
- Headcount251–500
- GTM typeB2B
- OfferingSoftware
What Celero does
Celero is a privately held Canadian financial technology company headquartered in Calgary, Alberta. Founded in 2003 and operating with 251-500 employees, the firm positions itself as a provider of 'reliable, innovative and cost-effective financial technology solutions' to financial institutions. The company is led by CEO Richard Hannah and has no public listing. Core product architecture, customer composition, and pricing mechanics are not detailed in the supplied firmographic block.
Source-material coverage is uneven. Several blocks describe a separate Latin America-oriented Celero entity — including a Series A round led by Headline with Visa participation, intended to 'expand across regions beyond Latin America,' and to 'develop new products using financial data.' These records conflict with the Calgary, Canada firmographic identification (city, country, founding year, scale) and are treated as plausibly cross-entity data rather than confirmed facts about the Canadian Celero.
Within the Canadian identification, the available evidence establishes operating status, scale (251-500 employees), leadership (Richard Hannah, CEO), and positioning (cost-effective fintech solutions for financial institutions), but does not supply product-line detail, customer logos, pricing model specifics beyond a 'subscription_recurring' designation, or revenue figures. An additional unrelated reference — a CGI Canada 'Credit Unions and Trusts' page — describes credit union IT solutions offered by a different firm, included here as adjacent industry context rather than as a Celero asset.
Celero firmographics
Firmographics- Name
- Celero
- Website
- https://celero.ca
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Celero is a Calgary-based Canadian financial technology company serving financial institutions. Founded in 2003, it operates privately with 251-500 employees and is led by CEO Richard Hannah, delivering fintech solutions.
- Ownership category
- akta.pro rank
Celero industry classification
Industry- Product category
- Open Banking / Financial Data Infrastructure
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Account Aggregation & Connectivity (Multi-bank linking) (FSAGACAA)
- akta.pro secondary industry
- Data Quality, Monitoring & Observability (uptime, latency, reconciliation) (FSAGACAL)
Keywords
Where Celero is headquartered
LocationHeadquarters
- HQ city
- Calgary
- HQ country
- Canada
- HQ region
- North America
Markets served
Celero business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales
Revenue model
- Financial data products: The company develops new products using financial data, suggesting a B2B fintech model providing financial data solutions to financial institutions and enterprises.
Go-to-market motion1 record
Celero product offering
Product offeringCore offering
Celero provides financial data products and solutions, including an open banking infrastructure platform that serves as a B2B API layer connecting fintechs, banks, and lenders across Latin America. The company delivers data infrastructure supporting payment initiation, credit underwriting, and other financial workflows.
Differentiator
Problem solved
Functional benefit
Companies that use Celero
Customer profileIdeal customer profiles2 records
Celero technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Celero partnerships and signals
Strategic signalScale indicators1 record
Recent moves3 records
Expansion highlights4 records
Celero competitors and assessment
Company assessmentDirect peers
- Tink: European open banking platform owned by Visa. Direct competitor offering account aggregation and financial data APIs, and notably a Visa portfolio company — directly relevant given Celero's Visa partnership.
- MX Technologies: Financial data platform offering account aggregation, data cleansing, and financial insights to financial institutions. Direct competitor in the financial data products space with overlapping target customers.
- Plaid: Global leader in financial data connectivity and account aggregation. Direct competitor with Celero's core financial data products offering, serving banks, fintechs, and lenders with API-based bank connectivity.
- Belvo: Latin American open banking data aggregation and financial API platform. Direct competitor to Celero in the LatAm financial data products space, serving similar financial institution customers with comparable API-based connectivity offerings.
- TrueLayer: Open banking platform providing financial data APIs and payment initiation services. Direct competitor in financial data connectivity, with comparable business model and customer base.
Emerging players
- Codat: Financial data connectivity platform focused on SMB accounting and banking data. Emerging player with partial overlap in financial data products for business banking and lending use cases.
Regional players
- Bankin': European open banking and personal finance management platform. Regional peer with comparable financial data aggregation offerings but primarily focused on the European market.
- Pomelo: Latin American fintech infrastructure company offering banking-as-a-service and financial data APIs. Regional peer serving LatAm financial institutions with comparable offerings to Celero.
Broad incumbents
- Yodlee (Envestnet): Established financial data aggregation platform serving financial institutions globally. Long-standing incumbent with broader portfolio including wealth management, partially overlapping with Celero's financial data offerings.
- Finicity: Financial data aggregation platform now owned by Mastercard. Broader incumbent with institutional reach through Mastercard's network, offering overlapping financial data products to lenders and financial institutions.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Celero social profiles
Digital presenceCelero financial estimates
Financial estimateRevenue estimate
Valuation estimate
Celero leadership team
Management profileNumber of profiles
Profiles1 record
Celero funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Celero M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Celero
What does Celero do?
Celero provides financial data products and solutions, including an open banking infrastructure platform that serves as a B2B API layer connecting fintechs, banks, and lenders across Latin America. The company delivers data infrastructure supporting payment initiation, credit underwriting, and other financial workflows.
Is Celero a public or private company?
Celero is a private company. It is classified as venture growth investor backed and is currently operating.
When was Celero founded?
Celero was founded in 2003. It employs 251 to 500 people.
Where is Celero based?
Celero is headquartered in Calgary, Canada, in the North America region.
How does Celero make money?
One revenue line is on record: financial data products.
Who are Celero's main competitors?
Direct peers on record are Tink, MX Technologies, Plaid, Belvo and TrueLayer. Codat is listed as an emerging player. Regional players are Bankin' and Pomelo. Broad incumbents are Yodlee (Envestnet) and Finicity.
Does Celero have an API?
No public API is recorded for Celero.
What industry is Celero in?
Celero's product category is Open Banking / Financial Data Infrastructure. Its primary akta.pro industry code is FSAGACAA, Account Aggregation & Connectivity (Multi-bank linking), with a secondary code of FSAGACAL, Data Quality, Monitoring & Observability (uptime, latency, reconciliation). Its SIC code is 6199.