Cellulant wins Payments and Transfers Category at African FinTech 100 Awards

In the recently held African FinTech 100 Awards in Johannesburg, Cellulant, a Pan-African mobile commerce company, emerged the winner of the Payments and Transfers category.

Founded in 2004 by Ken Njoroge and Nigerian Bolaji Akinboro, Cellulant is headquartered in Nairobi and is already well-established in Africa, with offices in Kenya, Nigeria, Tanzania, Malawi, Uganda, Zambia, Ghana, Zimbabwe, Botswana and Mozambique.

Speaking after receiving the award in Johannesburg, Cellulant’s CEO Ken Njoroge said: “This award is the result of our teams tireless input to create and sustain value for our customers in the countries we operate in.  We serve customers in the banking sector, mobile money operators, merchants and retailers who use our payment platform to run their businesses. These teams are also doing transformational work in agriculture and the fast moving consumer goods value chains.”

 “We are just entering a new phase of growth increasing the coverage of countries we can serve our customers from the current 10 to 30. This award provides a shot of adrenaline for that starting line.”

The judges first selected the final three nominees in each category from hundreds put forward through an extensive voting process.

They were then each assessed based on innovation, value, delivery, traction and customer satisfaction. The climax of the competition was a 7-minute demonstration followed by a Q&A by the judges to establish the winner of the category.

The companies shortlisted as the Top 3 in the Payment and Transfer category besides Cellulant was Interswitch and VoguePay.

The winners in the different categories were: Cellulant –  Category: Payments & Transfers; The Sun Exchange – Category: Blockchain & Bitcoin; Ovamba – Category: Lending & Financing ; EasyEquities – SatrixNow  (Overall Winner, Category: InvestTec;  Baobab by Microcred Category: Retail Banking; FNB Category: Incumbent Bank