Date | Title | Description |
16.09.2024 | Chpter, a social commerce startup in Kenya, has raised $1.2 million in pre-seed capital | Chpter, a Kenyan startup that has developed an AI-powered conversational commerce platform that allows businesses to sell more on social networks such as WhatsApp and Instagram, received US$1.2 million in pre-seed capital to continue develo... |
02.09.2024 | Kenyan e-commerce startup Chpter raises $1.2 million in pre-seed round | Chpter was accepted into two accelerator programs before closing this pre-seed deal.
Chpter, a Kenyan e-commerce startup launched by co-founders of YC-backed Marketforce, has raised $1.2 million in a pre-seed round and will use the new fund... |
17.04.2024 | Post-CEO exit, Cellulant appoints new leaders, shifts focus to profitability | Cellulant, the pan-African payments startup valued at $133 million in 2022, has named new executives three months after the CEO and four other senior managers left the company.
While Peter O’Toole, the company’s former CFO, remains acting C... |
01.04.2024 | Weekly Economic Index: The Naira’s best in 5 years, CBN increases minimum capital, and Cellulant’s exit | Here are three big stories from Africa’s business and policy landscape you (probably) didn’t miss but should keep in mind this week: Naira makes a dramatic recovery in March
The Nigerian Naira defied expectations and surged against the US d... |
06.08.2021 | Cellulant gets central bank license to launch Tingg in Ghana | Ghana’s central bank has issued Cellulant a Payment Services Provider (PSP) license, paving the way for the company to introduce its digital payments solution for businesses, Tingg, in the country.
Tingg is a solution that offers simplified... |
11.01.2021 | Why Cellulant CEO Ken Njoroge is choosing to step down in June 2021 | It is the end of a leadership era at Cellulant, the Kenya-based fintech company, as co-founder Ken Njoroge says he will transition from his CEO role by June this year.
In a statement on the company’s website, the 45-year old self-styled eva... |
22.05.2020 | Cellulant Unveils Agrikore Risk Review, Focused at the Impact of COVID-19 On Africa’s Food Security | Cellulant has launched the first edition of its white paper – Agrikore Risk Review. It is focused on the impact of COVID-19 on food security in Africa. It answers the question of how Africa can scale its agricultural sector through agritech... |
05.01.2020 | Into Africa: tech leaders weigh in on Jack Dorsey’s planned move to the continent | It’s not every day that the CEO of a large Silicon Valley tech company decides to relocate to a different part of the world in order to learn more about it — particularly when it has been frequently maligned and often overlooked by big busi... |
23.12.2019 | African tech startups netted over $6m in collective prize money in 2019 [List] | African tech startups this year tapped millions of dollars by taking part in and winning startup competitions — at least over $6-million collectively, by Ventureburn’s calculations.
The biggest cash prize went to South African insurtech st... |
23.12.2019 | African tech startups netted over $6m in collective prize money in 2019 [List] | African tech startups this year tapped millions of dollars by taking part in and winning startup competitions — at least over $6-million collectively, by Ventureburn’s calculations.
The biggest cash prize went to South African insurtech sta... |
06.12.2019 | SA startup Carry1st out to create Africa’s first ‘super app’ with $2m war chest | One of the most interesting trends to have come out of the Asian tech startup scene, particularly Indonesia and China, is the emergence of the “super app”.
A super app is one that offers users seamless access to a number of services, often... |
06.12.2019 | SA startup Carry1st out to create Africa’s first ‘super app’ with $2m war chest | One of the most interesting trends to have come out of the Asian tech startup scene, particularly Indonesia and China, is the emergence of the “super app”.
A super app is one that offers users seamless access to a number of services, often ... |
04.10.2019 | Four African entrepreneurs among Schwab Foundation awardees | The Schwab Foundation for Social Entrepreneurship has selected four African founders as recipients of its 2019 Social Entrepreneurship Awards.
The four are Cellulant co-founder and co-CEO Kennedy Njoroge, Nafham co-founder Mostafa Farahat a... |
04.10.2019 | Four African entrepreneurs among Schwab Foundation awardees | The Schwab Foundation for Social Entrepreneurship has selected four African founders as recipients of its 2019 Social Entrepreneurship Awards.
The four are Cellulant co-founder and co-CEO Kennedy Njoroge, Nafham co-founder Mostafa Farahat ... |
21.01.2019 | Tech firm Cellulant to hold memorial for six employees killed in Kenyan attack [Updated] | Nairobi based payments company Cellulant will tomorrow hold a memorial service for the six employees killed in last Tuesday’s terror attack on the DusitD2 hotel complex at 14 Riverside Drive in the city.
The company said on Saturday (19 Jan... |
21.01.2019 | Tech firm Cellulant to hold memorial for six employees killed in Kenyan attack [Updated] | Nairobi based payments company Cellulant will tomorrow hold a memorial service for the six employees killed in last Tuesday’s terror attack on the DusitD2 hotel complex at 14 Riverside Drive in the city.
The company said on Saturday (19 Ja... |
16.01.2019 | It hits you that you are going to die – hub manager on Kenyan attack [Updated] | UPDATE (19 January 2019): Nairobi-based payments company Cellulant today released the names of the six employees (and not seven as earlier believed) killed in Tuesday’s attack they are: the company’s head of product development Ashford Kuri... |
16.01.2019 | It hits you that you are going to die – hub manager on Kenyan attack [Updated] | UPDATE (19 January 2019): Nairobi-based payments company Cellulant today released the names of the six employees (and not seven as earlier believed) killed in Tuesday’s attack they are: the company’s head of product development Ashford Kuri... |
11.01.2019 | More private equity firms to participate in later stage million-dollar VC deals | This year, we are likely to see more private equity firms participate in later stage million-dollar VC deals, so believes the African Private Equity and Venture Capital Association (Avca) director and head of research Enitan Obasanjo-Adeley... |
11.01.2019 | More private equity firms to participate in later stage million-dollar VC deals | This year, we are likely to see more private equity firms participate in later stage million-dollar VC deals, so believes the African Private Equity and Venture Capital Association (Avca) director and head of research Enitan Obasanjo-Adeley... |
30.12.2018 | African Fintech is still the preferred sector for global VCs to invest in | Share this:
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14.08.2018 | Debate rages over whether VC investors biased towards expat-founded startups | Concern is brewing over the large number of venture capital (VC) deals in East Africa involving expat founders — with both local and foreign entrepreneurs in the region weighing in in recent months over whether venture capitalists have a cl... |
14.08.2018 | Debate rages over whether VC investors biased towards expat-founded startups | Concern is brewing over the large number of venture capital (VC) deals in East Africa involving expat founders — with both local and foreign entrepreneurs in the region weighing in in recent months over whether venture capitalists have a cl... |
10.06.2018 | Africa Roundup: African startup investments turn to fintech this winter season | Jake Bright Contributor
Jake Bright is a writer and author in New York City. He is co-author of The Next Africa.
More posts by this contributor
African fintech startup Chipper Cash raises $30M backed by Jeff Bezos
Nigeria’s Autochek raises ... |
14.05.2018 | Cellulant Raises $47.5M in Series C Funding | Cellulant, a Nairobi & Lagos–based digital payments provider, raised $47.5M in Series C funding.
The round was led by TPG Growth’s The Rise Fund, with participation from Endeavor Catalyst, Satya Capital, Velocity Capital & Progressi... |
14.05.2018 | In First Major Commitment in Africa, The Rise Fund Leads $47.5 Million Series C for Cellulant, Leading African Digital Payments Provider | Marking its debut on the continent, The Rise Fund, a global impact investing fund managed by TPG Growth, invests in digital payments provider that is transforming financial technology services across sub-Saharan Africa |
14.05.2018 | TPG Invests $47.5M in Cellulant | Private investment firm TPG has paid $47.5 million to acquire an unspecified stake in Kenyan digital payments firm Cellulant, which operates in 11 African markets, both firms said on Monday.
Global investors have been eyeing deals in Africa... |
01.03.2016 | 3 industries being disrupted in developing countries | Elizabeth Gore Contributor
Elizabeth Gore is co-founder and president of Alice, a free multi-channel platform powered by AI technology that guides business owners by providing access to funding, networks and services.
More posts by this con... |
19.07.2012 | 10 African Tech Millionaires To Watch | Technology is at the centre of African development, driving progress in the fields of education, health and transparency while also acting as a source of wealth generation for a number of individuals who have ridden the wave of tech growth ... |
13.07.2011 | “The wallet is dead”, and Kopo Kopo is digging its grave | “The wallet is dead.” That’s according to Dylan Higgins, founder of payment-enabling startup Kopo Kopo. That means George Costanza is now sitting flat on his tush.
Kopo Kopo, with offices in Seattle and Kenya, allows small-to-medium sized b... |
13.07.2011 | “The wallet is dead”, and Kopo Kopo is digging its grave | Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Learn more.
“The wallet is dead.” That’s according to Dylan Higgins, founder of payment-enabling startup Kopo Kopo. That means George Costanza is n... |
- | Cellulant Unveils Agrikore Risk Review, Focused at the Impact of COVID-19 On Africa’s Food Security | Cellulant has launched the first edition of its white paper – Agrikore Risk Review. It is focused on the impact of COVID-19 on food security in Africa. It answers the question of how Africa can scale its agricultural sector through agritech... |
- | African FinTech Company Cellulant Raises $47.5 Million | Cellulant, a leading Pan-African digital payments service provider that prompts, collects, settles and reconciles payments in real time, has raised $47.5 million from a consortium of investors that include the Rise Fund, the impact fund run... |