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PAN-AFRICAN FINTECH POWERS ONE-STOP DIGITAL PAYMENTS

Cellulant, a leading Pan-African financial technology company, is now providing a one-stop digital payments platform. The company partners with global payments service providers such as Adyen, PayU, and Smart2Pay to powers payments for global and regional businesses in several sectors Africa across Africa to respond to the emerging need for cashless payments.

Cellulant accelerates digital payments adoption by connecting digital money capabilities with the need for businesses to receive broader payment options and offer sophisticated payments experiences to their consumers. It uses technology to connect people and their resources, making it easier to do business across Africa. And thereby enabling Africans to build Africa’s future.

Over the last couple of years, Cellulant has evolved to become more than just a business but an idea and belief that, for the payments sector, digital payments pose the most significant opportunity to bringing fundamental transformation for African economies at large. Only 38% of Africa’s 1.2 Billion population will have a bank account by 2022, and cash still commands 90% of all transactions in Sub-Saharan Africa. However, there is a shift towards digital payments driven by businesses’ need to stabilize their revenues and increased preference by consumers to use contactless payment solutions.

Divine Muragijimana, Cellulant’s Head of Brand, stated that refreshing the company’s brand identity is both an acknowledgment of a new chapter as a business but also an affirmation of its mission and commitment to Africa. He remarked that the company “continues to be shaped by a belief that the success of people and businesses in Africa is the foundation of transforming the continent. 

In his own remarks, Akshay Grover, Cellulant’s Acting CEO, explained by unifying the payment experiences for both businesses and their consumers, the company “can unlock hundreds of millions of consumers and allow them to transact digitally in their local context, which is done by removing layers of complexity to an already complex financial system.”

This article was adapted from a press release distributed by APO Group.  You can start earning money by becoming our Independent Reporter or Contributor. Contact us at [email protected]

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