Cellulant

paymentssoftware/whitelabel/apis (payments)payment gatewaysmobile/digital wallet

FOUNDING YEAR: 2004
LOCATION: Kenya
Last Update: 01/05/2020

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About

Cellulant is a digital payments service provider that prompts, collects, settles and reconciles payments in real time is using mobile wallets to empower farmers across Africa as well as powering transactions for millions of merchants and utility facilities across Africa. It provides a mobile payment ecosystem connecting consumers, merchants, banks etc.

People

FOUNDERS

Andrej Machacek

Bolaji Akinboro

Ken Njoroge

NUMBER OF EMPLOYEES

201-500

INVESTORS:

Endeavor Catalyst

Satya Capital

The Rise Fund

TPG Growth

Velocity Capital & Progression Africa

Momentum

FUNDED

YES

TOTAL FUNDING

$54.5 M

DATE OF LAST FUNDING

May 2018

TOTAL FUNDING COMMENT

The company will use the fund to expand its Digital Payments Across Africa(May 2018).

SEED & PRIOR FUNDING

$1.5 M

SEED CLOSED ON

Oct 2011

FUNDING SERIES

SERIES B  · $5.5 M  · Feb 2014

SERIES C  · $47.5 M  · May 2018

LISTED

NO

BASICS

FOUNDING YEAR:

2004

LOCATION:

Kenya

Views:

170 VISITORS | 305 VIEWS
LATEST FUNDING ROUND

$54.5 M

TOTAL EMPLOYEES
201-500

About

Cellulant is a digital payments service provider that prompts, collects, settles and reconciles payments in real time is using mobile wallets to empower farmers across Africa as well as powering transactions for millions of merchants and utility facilities across Africa. It provides a mobile payment ecosystem connecting consumers, merchants, banks etc.

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