Nigerian start-up Grey partners Cellulant for East Africa expansion

NIGERIA – Nigerian fintech start-up Grey has partnered with payment company Cellulant for the expansion of its service to East Africa. Under the agreement, Kenyan residents can now sign up for Grey’s products, which include foreign bank accounts, instant currency exchange, and international money transfers. Grey, a Y-combinator-backed fintech start-up, offers a one-of-a-kind international money transfer service that allows users…

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Financial service company Cellulant partners Tanzania’s fintech NALA

TANZANIA – Cellulant, a Pan-African payments company, has teamed up with NALA, a Tanzania based fintech company, to power remittance payments from the United Kingdom and United States into Kenya, Uganda, Rwanda, Tanzania and Ghana. Besides Official Direct Assistance (ODA), remittances make up the second-largest source of external resources for Sub-Saharan Africa. In 2019, approximately US$48 billion was remitted in…

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CBK grants Cellulant Payment Service Provider authorisation in Kenya

KENYA – The Central Bank of Kenya (CBK) has granted Cellulant a Payment Service Provider (PSP) authorisation in Kenya, enabling the company to expand its payments offering for businesses, banks, and consumers. Founded in 2003, Cellulant is among the pioneer fintech companies in Kenya and Africa at large and has a history of driving innovation through creative technical solutions delivered…

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Retail tech-startup MarketForce partners with Cellulant to expand in five markets across Africa

KENYA – MarketForce, a Kenyan B2B retail and financial services distribution startup, has expanded into five additional markets across Africa to grow RejaReja, its retailer “super app” that makes it possible for informal merchants to order and pay for inventory digitally, accept payments for utility bills and access financing for their businesses. Co-founded in 2018 by Tesh Mbaabu and Mesongo Sibuti, MarketForce is…

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Fintech ImaliPay partners with Cellulant to drive gig workers’ financial inclusion

KENYA – ImaliPay, the one-stop financial platform for Africa’s gig workers, has partnered with pan-African payments company Cellulant for its payments infrastructure and solutions in Kenya and Nigeria. The ease of making and receiving payments for freelancers will be greatly improved through this partnership and will change the way gig workers experience making payments and the partnership will further drive…

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Fish distributor Lake Harvest Zambia introduces mobile payment option in its outlets

ZAMBIA – Cellulant, a leading Pan-African payments company, has partnered with one of Zambia’s leading fish distributors, Lake Harvest to enable mobile payments in all their outlets through the Tingg one-stop digital payment platform. As consumer purchasing habits evolve, Lake Harvest has placed importance on accepting all forms of mobile money to give its customers a seamless payment experience. Lake…

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Cellulant confirms Akshay Grover as Chief Executive Officer

KENYA – Fintech company Cellulant has announced that acting Chief Executive Officer (CEO), Akshay Grover, has been appointed as Group Chief Executive Officer and Director of Cellulant with effect from 1 October 2021. The appointment follows an executive search process following the announcement in January 2021 by then Group Chief Executive Officer Ken Njoroge of his intention to transition from…

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Cellulant partners GAINDE 2000 to offer technology infrastructure and payments solutions

SENEGAL – Cellulant, a Pan-African technology company, has entered into a 5-year partnership with Senegal based GAINDE 2000 to offer an end-to-end Pan-African technology infrastructure and payments solutions for trade, revenue & tax collection for governments and multinational companies. GAINDE shall bundle its e-government solutions with Cellulant’s payments solutions offering the most comprehensive regional end to end technology and payments…

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Fintech company Cellulant launches digital payments platform for seamless payments

GHANA – Cellulant, a leading Pan-African technology company whose payments gateway powers and organises Africa’s Marketplace, has announced the launch of Tingg, a digital payments platform enabling businesses and their consumers in Ghana to accept and make payments seamlessly. The announcement comes after the Central Bank of Ghana issued Cellulant a Payment Services Provider (PSP) License. The PSP License allows…

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Link Commerce and Cellulant partner to avail digital payment options for easier purchases from global retailers

AFRICA – Pan-African payments company Cellulant, has partnered with Link Commerce, a turn-key B2B eCommerce platform, to avail relevant digital payment options to consumers in Africa; making it possible to purchase goods directly from global retailers online. The number of online shoppers in Africa has surged annually by 18% since 2014, according to a report by UNCTAD and as of…

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