Cellulant

Active#3 in Kenya

Estimated valuation · Payments · Kenya

Runs a pan-African payments platform that lets merchants, banks and businesses collect and disburse money across mobile wallets, cards and bank accounts in more than thirty countries.

Fintech›payments cellulant.io

Founded2002

HQNairobi

Last roundSeries C · May 2018

LicenceCo-founded by Ken Njoroge and Bolaji Akinboro; payment licences in several African markets

Country of originKenyaListed in the Kenya ranking

Where would you invest?KenyaJurisdiction as cited by the ranking

Estimated valuation

AI · Kenya ranking

≈ USD 250MUSD 160–370M · Hundreds of M$

Hundreds of k$

Millions $

Tens of M$

Hundreds of M$

Unicorn

Decacorn

Hectocorn

Anchor: Last known equity round: Series C · USD 47.5M · May 2018
AI adjustment: None

An indicative editorial estimate produced by AI, imperfect by nature: neither a financial valuation nor investment advice. Only the market sets a company’s value. Method

Uback rankings

How the AI ranks →

Ranking	Tier	Rank	Edition	Next update
Kenya · all sectors	Top 20	#3	Edition 0 · October 2026	23 Jan 2027

Rank historyOct 2026 · #3First edition: no movements yet.

Funding history

Date	Round	Amount	Type	Investors
May 2018	Series C	USD 48M	Equity	The Rise Fund, Endeavor Catalyst, Satya Capital, Velocity Capital, Progression Africa

Rounds as cited by Uback’s rankings. Equity, debt and grants are shown separately; only equity rounds count towards the valuation anchor.

Independent analyses

By industry professionals & analysts

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AI valuation: $250MUndervalued or overvalued?

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Who should acquire itStrategic buyers, and why

Who should it acquireAcquisition targets, and why

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What the AI reads

Read by the AI at the next edition.

Comparable companies in Kenya

Full Kenya ranking →

M-KOPA#2Fintech › pay-as-you-go asset financingHundreds of M$Umba#9Fintech › digital bankTens of M$Turaco#13Fintech › insurtechTens of M$Pezesha#15Fintech › SME lendingTens of M$

Last updated: Oct 2026Report an error

Uback is a content publisher and an aggregator of non-binding expressions of interest. It provides no investment advice, receives no mandate and takes part in no transaction. Rankings, ranges and brackets are editorial estimates produced by AI, purely indicative.