Nairobi, Kenya - Central Bank of Kenya has granted Cellulant (Cellulant.io) a Payment Service Provider authorization in Kenya, enabling the company to expand its payments offering for businesses, banks, and consumers.
Founded in 2003, Cellulant is among the pioneer Financial Technology (fintech) Companies in Kenya and Africa at large and has a history of driving innovation through creative technical solutions delivered with a streamlined user experience. Over the last decade, the company has evolved in its payments solutions, from mobile banking services to offering a full-stack one-stop-shop payments platform for global, regional, and local businesses.
The authorization permits Cellulant to continue enabling businesses to collect payments online and offline while allowing anyone to pay from their mobile money, local and international cards, or directly from their bank.