Cellulant is a pan-African fintech company based in Nairobi, Kenya, founded in 2004 by Ken Njoroge and Bolaji Akinboro. The Company is committed to providing localised payment solutions through its payment platform, Tingg, connecting consumers, merchants and financial institutions across the continent.
Company OverviewFounded
- : 2004Headquarters
- : Nairobi ,
- KenyaFounder: Ken Njoroge and Bolaji Akinboro
- Scope of Services: Offices in 18 African countries, payment platform covering 35 countries, supporting 154 Payment Methods
InformationCellulant
is regulated in the countries in which it operates. For example, the Central Bank of Kenya has granted its payment service provider authorization to allow companies to provide online and offline payment solutions locally. In addition, Cellulant has also obtained a Payment Service Solution Provider license in Nigeria to ensure its legal operations in the country.
Products &
ServicesTingg is Cellulant's core payment platform, providing a single API interface to support online and offline payments for businesses, including mobile wallets, local and international cards, bank accounts, and more.
Cellulant provides enterprise-grade collection and payment solutions that support real-time tracking of payments and settlements for multiple industries such as e-commerce, travel, finance, and more.
The company supports mobile payment and digital wallet services, allowing users to make payments, transfers, and bill payments from their mobile phones, improving the convenience of users' payments.
Market Positioning &
StrategyCellulant's mission is to "create opportunities for accelerated economic growth in Africa" and its vision is to "enable seamless payments for businesses, banks and consumers in Africa". The Company expands its network to provide seamless payment solutions through strategic partnerships with banks, mobile network operators, and other key stakeholders. In addition, Cellulant focuses on localized marketing strategies, developing personalized marketing campaigns based on cultural, linguistic, and economic factors in different regions to enhance user engagement and loyalty.
Neutral
EvaluationCellulant As a leading fintech company in Africa, Cellulant has successfully promoted financial inclusion in the African region with its innovative payment solutions and extensive service network. Its compliance efforts ensure the sustainability of the business. However, in the face of the diverse regulatory environment and rapidly changing technology needs in African countries, Cellulant needs to continue to strengthen compliance management and technological innovation to maintain its market leadership.
For more information, visit the Cellulant website at https://www.cellulant.io/
