Exclusive: Repeat Founders Raise $20M For Spektr, A Fintech Compliance Startup, In NEA-Led Series A

NEA has completed the acquisition of Spektr, a payments processing business in Massachusetts, for $20M. Spektr is a fintech compliance startup that supports regulated payments workflows and risk controls for financial services customers in the Boston area. The acquisition supports payments processing acquisition strategy and strengthens platform acquisition capabilities for compliance-led fintech operations. The announced platform acquisition is structured as a private equity acquisition with a $10M–$25M Series A funding range, totaling $20M, led by NEA.