Cellulant

About

Cellulant is a leading multinational payments company in Africa on a mission to digitize payments for Africa's largest economies.

Nairobi,Nairobi Area,Kenya
251 - 500
https://cellulant.io

Highlights

Details

Last Funding Type: Series C
Last Funding Money Raised: $47.50M
Industries: Financial Services,Payments
Founded date: Jan 1, 2004
Number Of Employee: 251 - 500
Operating Status: Active
Legal Name: Cellulant Corporation

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.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

3

$54.50M

Cellulant has raised a total of $54.50M in funding over 2 rounds. Their latest funding was raised on May 14, 2018 from a Series C round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
May 14, 2018	Series C	$47.50M	6	The Rise Fund	—	Detail
Feb 17, 2014	Series B	$5.50M	1	Velocity Capital Fintech Ventures	—	Detail
Oct 1, 2011	Series Unknown	$1.50M	1	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

2

8

Cellulant is funded by 8 investors. The Rise Fund and Velocity Capital Fintech Ventures are the most recent investors.

Investor Name	Lead Investor	Funding Round
The Rise Fund	Yes	Series C
Velocity Capital Fintech Ventures	Yes	Series B
Bossanova Investimentos	—	Series C
Endeavor Catalyst	—	Series C
Satya Capital	—	Series C
TPG Growth	—	Series C
Velocity Capital & Progression Africa	—	Series C
TBL Mirror Fund	—	Series Unknown