Cellulant logo — We are creating a connected world where businesses move mone...

Cellulant

We are creating a connected world where businesses move money as easily as they share ideas.

Founded 2004 Kenya Nairobi, Kenya 539 employees Series C Total: $54.50M Financial Services, Payments

General Information

Company Name Cellulant
Founded Year 2004
Location Kenya Nairobi, Kenya +2
Employees 539
Industries Financial Services, Payments
Funding Stage Series C
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About Cellulant

Cellulant, founded in 2004, stands as Africa’s leading payments company, offering a robust suite of financial services tailored to meet the dynamic demands of a connected, global economy. From its headquarters in Kenya, the company operates across 24 countries, leveraging an extensive network of 200+ payment methods, including cards, bank transfers, and mobile money.

The driving force behind Cellulant's success is its innovative platform, Tingg, a single API solution facilitating seamless payment activities. The platform processes over 4.5 million transactions daily for industry leaders in sectors such as Airlines, Telecoms, E-commerce, Ride-Hailing, and Retail.

Cellulant's most recent funding round was a Series C investment of $47.50 million on May 14, 2018, backed by investors including Endeavor Catalyst, The Rise Fund, Satya Capital, TPG Growth, Velocity Capital & Progression Africa. These investments underscore the confidence stakeholders place in Cellulant’s ability to drive commerce, trust, and scalability across the continent.

Taxonomy: Payments Solutions, Digital Payments, Mobile Money, Payment Gateway, API Platform, Fintech Innovation, Transaction Processing, Bank Transfer, E-commerce Payments, Mobile Commerce, Business Payments, Financial Technology, Payment Reconciliation, Cross-border Payments, Payment Disbursements

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series C •••••• 6
Investor Investor Investor
•••• ••••
14 May 2018
Series B •••••• 1
Investor
17 Feb 2014
Venture Round •••••• 1
Investor
01 Oct 2011

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FAQ About Cellulant

We are creating a connected world where businesses move money as easily as they share ideas.
Cellulant was founded in 2004.
Cellulant is headquartered in Nairobi, Kenya.
Cellulant operates in the following industries: Financial Services, Payments.
Cellulant has approximately 539 employees.
Cellulant has completed 3 funding rounds, raising a total of $54.50M. The latest funding stage is Series C.
Top alternatives and competitors to Cellulant include Bingpay, Plumter (YC W22), Blano, Ingenico, CoinStick. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Cellulant and Bingpay are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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