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.
Location: Kenya, Nairobi
Total raised: $47.5M
Investors 3
Funding Rounds 1
| Date | Series | Amount | Investors |
| 14.05.2018 | Series C | $47.5M | The Rise F... |
Mentions in press and media 31
| Date | Title | Description | Source |
| 17.04.2024 | Post-CEO exit, Cellulant appoints new leaders, shifts focus ... | Cellulant, the pan-African payments startup valued at $133 million in 2022, has named new executives... | techcabal.... |
| 01.04.2024 | Weekly Economic Index: The Naira’s best in 5 years, CBN incr... | Here are three big stories from Africa’s business and policy landscape you (probably) didn’t miss bu... | venturesaf... |
| 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 ... | techcabal.... |
| 11.01.2021 | Why Cellulant CEO Ken Njoroge is choosing to step down in Ju... | It is the end of a leadership era at Cellulant, the Kenya-based fintech company, as co-founder Ken N... | techcabal.... |
| 22.05.2020 | Cellulant Unveils Agrikore Risk Review, Focused at the Impac... | Cellulant has launched the first edition of its white paper – Agrikore Risk Review. It is focused on... | techgistaf... |
| 05.01.2020 | Into Africa: tech leaders weigh in on Jack Dorsey’s planned ... | It’s not every day that the CEO of a large Silicon Valley tech company decides to relocate to a diff... | techcrunch... |
| 23.12.2019 | African tech startups netted over $6m in collective prize mo... | African tech startups this year tapped millions of dollars by taking part in and winning startup com... | venturebur... |
| 23.12.2019 | African tech startups netted over $6m in collective prize mo... | African tech startups this year tapped millions of dollars by taking part in and winning startup com... | venturebur... |
| 06.12.2019 | SA startup Carry1st out to create Africa’s first ‘super app’... | One of the most interesting trends to have come out of the Asian tech startup scene, particularly In... | venturebur... |
| 06.12.2019 | SA startup Carry1st out to create Africa’s first ‘super app’... | One of the most interesting trends to have come out of the Asian tech startup scene, particularly In... | venturebur... |
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