Cellulant
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Cellulant

https://www.cellulant.com/
Last activity: 16.09.2024
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Categories: AgriTechE-commerceFinTechFutureMobilePlatformProductProductivityServiceTechnology
Cellulant is a leading African payments company on a mission to ease access to financial services for Africans. More than two thirds of Africans don’t have access to the formal banking system, and instead rely on an informal network to get loans and to save. This dramatically reduces their ability to plan for the future and to absorb financial shocks. Cellulant’s wide range of products help expand financial inclusion and access. Operating across 8 African countries, Cellulant’s technology connects more than 7 million farmers across the continent with an easy-to-use payments’ portal, allowing them to receive fertilizer subsidies and increasing their productivity through Cellulant’s mobile blockchain-based platform.
Mentions
33
Location: Kenya, Nairobi
Total raised: $47.5M

Investors 3

Funding Rounds 1

DateSeriesAmountInvestors
14.05.2018Series C$47.5MThe Rise F...

Mentions in press and media 33

DateTitleDescription
16.09.2024Chpter, a social commerce startup in Kenya, has raised $1.2 million in pre-seed capitalChpter, 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...
02.09.2024Kenyan e-commerce startup Chpter raises $1.2 million in pre-seed roundChpter 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...
17.04.2024Post-CEO exit, Cellulant appoints new leaders, shifts focus to profitabilityCellulant, 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...
01.04.2024Weekly Economic Index: The Naira’s best in 5 years, CBN increases minimum capital, and Cellulant’s exitHere 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...
06.08.2021Cellulant gets central bank license to launch Tingg in GhanaGhana’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...
11.01.2021Why Cellulant CEO Ken Njoroge is choosing to step down in June 2021It 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...
22.05.2020Cellulant Unveils Agrikore Risk Review, Focused at the Impact of COVID-19 On Africa’s Food SecurityCellulant 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...
05.01.2020Into Africa: tech leaders weigh in on Jack Dorsey’s planned move to the continentIt’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...
23.12.2019African 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...
23.12.2019African 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...
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