
Cellulant
OperatingCellulant is a leading multinational payments company in Africa on a mission to digitize payments for Africa's largest economies.
- Financial Services
- Nairobi, Kenya
- Series C
- Founded 2004
- cellulant.io ↗
- Total raised
- $54.5M
- disclosed
- Last round
- $47.5M
- Series C
- Rounds
- 3
- since 2004
- Employees
- 251-500
About Cellulant
Cellulant is a leading multinational payments company in Africa on a mission to digitise payments for Africa’s largest economies. The company operates a one-stop shop payment innovations that enables businesses and consumers to make and accept digital and mobile payments.
Cellulant funding3 rounds
All 3 rounds →Cellulant has raised $54.5M across 3 disclosed rounds. The latest is a $47.5M Series C announced 14 May 2018.
- $5.5MSeries BSeries B, $5.5M, $5.5M raised to date
- $47.5MSeries CSeries C, $47.5M, $53M raised to date
SLA Funding Index · grey is capital raised before each round
Who has invested in Cellulant
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 14 May 2018 | Cellulant Series C14 May 2018Lead not disclosed | Lead not disclosed | $47.5M |
| 17 Feb 2014 | Cellulant Series B17 Feb 2014 | Not disclosed | $5.5M |
Showing 2 of 3 rounds. A free account shows up to 4 rounds; Pro shows all of them. Create free account
Cellulant founders & team
- Bolaji AkinboroCo-Founder & Co-CEO
- Ken NjorogeCEO
Showing 2 team members. A free account shows up to 4 team members; Pro shows all of them. Create free account
Cellulant competitorssame sector · similar funding
More Financial Services startups in Kenya
- Raise Africa
Empowering African Startups, Elevating Growth. · Kenya
- DigiTax
DigiTax automates e-invoicing and tax compliance for African businesses across multiple countries. · Kenya
- Shop Okoa
Shop Okoa is on a mission is to bridge the $5.2 trillion credit gap faced by SMEs in developing countries, particularly in Africa. · Kenya
- iPOS
iPOS is a point-of-sale and management system that helps Agrodealers reduce losses, increase sales and streamline operations – keeping them in control. · Kenya
- Hurupay
Hurupay is a fintech platform offering stablecoin-backed virtual accounts for freelancers, remote workers, and individuals. · Kenya
- agriBORA
agriBORA is a Kenyan agri-fintech transforming agriculture by merging digital tools, financial access, and market connectivity. · Kenya
Frequently asked about Cellulant
- Where is Cellulant based and when was it founded?
- Cellulant is headquartered in Nairobi, Kenya and was founded in 2004.
- Who founded Cellulant?
- Founders listed for Cellulant include Bolaji Akinboro (Co-Founder & Co-CEO).
- Who is the CEO of Cellulant?
- Ken Njoroge is Cellulant's CEO.
- How much funding has Cellulant raised?
- Cellulant has raised $54.5M across 3 funding rounds. Its latest, a $47.5M Series C, was announced on 14 May 2018.
- Who has invested in Cellulant?
- Backers include Endeavor Catalyst, Satya Capital and TPG Growth.
- What sector is Cellulant in?
- Cellulant operates in Financial Services and Payments.
