Next generation payment orchestration platform Celeris has been acquired by Latin America-based global payment processor PayRetailers. The deal strengthens PayRetailers’ ability to deliver a full-stack payment solution that supports its international growth ambitions, while bringing strategic capabilities under a unified payment platform in-house. This includes global credit card processing and multi-region orchestration.
The acquisition will allow PayRetailers to become the primary platform for all payment-related activity, simplifying back-end processes such as reporting, financial consolidation and reconciliation for merchants and partners. By combining intelligent payment routing, automated reconciliation and real-time analytics, the platform offers improved authorisation rates across multiple payment providers. This enables PayRetailers’ partners to optimise payment conversion, improve cost-efficiency and ultimately boost sales.
Celeris’ orchestration gateway enables partners to connect to a single platform and access more than 75 acquiring partners globally, that simplify and improve access for new and existing merchants, allowing them to expand in the region with greater ease. It offers white label services to PSPs, banks and fintech businesses, alongside direct-to-merchant full-service payment solutions.
With more than 30 professionals, the company has developed a scalable, modular infrastructure that supports high-growth industries such as video-on-demand, streaming, online retail, subscriptions, and digital communication services.
The acquisition allows PayRetailers to incorporate Celeris’ platform directly into its Latam operations, enhancing existing products while expanding capabilities in credit card processing, a critical component of the region’s payments landscape. The integration further positions PayRetailers as a global partner of choice for regulated industries, while also laying the foundation for expansion into new verticals and new geographies across LATAM to make it more accessible for both existing merchants and new entrants.
Juan Pablo Jutgla, CEO at PayRetailers, says: “This acquisition marks a significant step forward in our strategy to build a best-in-class, full-service payments ecosystem. By bringing Celeris’ orchestration and credit card capabilities in-house, we’re able to offer our clients a more seamless, global solution through a single integration. As we continue to leverage our deep regional expertise and proven track record to scale across Latin America, these capabilities will be essential in enabling our customers to move faster, operate smarter and access new markets with confidence.”
Sunil Jhamb, Founder & CEO of Celeris, adds: “This acquisition marks a super exciting new chapter for Celeris. Building Celeris has been a journey of a lifetime. Thanks to my rockstar team, valued customers, and trusted partners who believed in me and made Celeris a success! We always wanted to make online payments more secure, highly scalable, and user-friendly. Joining forces with PayRetailers will allow us to scale that vision further.”
Deloitte provided legal advice to PayRetailers on the acquisition. Pinsent Masons provided legal counsel to Celeris, while Royal Park Partners acted as their financial adviser.
