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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
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.

Business keywords: 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 $47.50M 6
Endeavor Catalyst, The Rise Fund +4
14 May 2018
Series B $5.50M 1
Velocity Capital Fintech Ventures
17 Feb 2014
Venture Round $1.50M 1
TBL Mirror Fund
01 Oct 2011

Cellulant Alternatives & Competitors

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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 Financial Services and Payments. Its work centres on Payments Solutions, Digital Payments, Mobile Money and Payment Gateway.
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 PayRetailers, Moment, Advanced Payment Solutions, Craftgate, ContactPay. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Cellulant and PayRetailers 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.

Source: BounceWatch company record for Cellulant, https://bouncewatch.com/company/cellulant, updated 5 June 2026. When citing, please name BounceWatch and link this page.

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