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MOBILE & TELECOMMUNICATIONS | Mobile Software & Services / Payments
cellulant.com

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Founded Year

2002

Stage

Series C | Alive

Total Raised

$49M

Valuation

$0000 

Last Raised

$47.5M | 4 yrs ago

About Cellulant

Cellulant offers digital payments platforms and mobile banking services to businesses in Africa.

Cellulant Headquarter Location

Cavendish Block, 5th Floor 14 Riverside, Off Riverside Drive

Nairobi, 44134,

Kenya

+254-20-2606696

Latest Cellulant News

Cellulant and ImaliPay partner to drive financial inclusion for gig workers

Nov 26, 2021

ImaliPay, the one-stop financial platform for Africa’s gig workers, has partnered with pan-African payments company Cellulant  for its payments infrastructure and solutions in Kenya and Nigeria. The ease of making and receiving payments for freelancers will be greatly improved through this partnership and will change the way gig workers experience making payments. The partnership will further drive financial inclusion by allowing ImaliPay users to access financial services quicker through Cellulant’s payment rails. Sanmi Akinmusire, co-founder and COO of ImaliPay says “Most of the financial services provided today are not designed with the gig workers in mind and our aim at ImaliPay is to build an ecosystem where gig workers can create a safety net around their work through savings, credit,  and insurance that drives their productivity and economic empowerment.” “Our partnership with Cellulant is an important step in our journey to improve the financial health of gig workers on the continent by leveraging Cellulant’s payment infrastructure to offer our customers an easy way to make and receive payments,” commented Tatenda Furusa, co-founder and CEO of ImaliPay, speaking to the importance of the partnership to the business. The two co-founders are both alumni of Cellulant having worked at the company between 2013 and 2020. Tatenda worked in Cellulant Zimbabwe and then Cellulant Kenya as Technical Advisor to Co-founder Ken Njoroge supporting the business strategy after Series C fundraising and Sanmi as the Chief Commercial Officer of Tingg Payments and Marketplace across Nigeria and Africa. The founding duo continues to contribute to the African fintech growth story. ImaliPay’s most recent accolade is receiving funding from Google through its Google for Black Founders Fund. Regarding the partnership, David Waithaka, Group Chief Business Officer at Cellulant said “At Cellulant, we’re driven by our belief to provide solutions to everyday challenges across Africa by digitizing payments for various value chains. For us, it’s about what people, businesses and communities can do when the movement of money becomes seamless, dependable and more transparent. We’re proud to partner with Imali Pay, with whom we have shared values and ambitions, to grow the gig economy in Africa.”

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Research containing Cellulant

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Cellulant in 1 CB Insights research brief, most recently on Apr 10, 2019.

Expert Collections containing Cellulant

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Cellulant is included in 3 Expert Collections, including Payments.

P

Payments

1,721 items

Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.

2

2018 Fintech 250

250 items

250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.

F

Fintech

3,421 items

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