The African Fintech Award event provides entrepreneurs, bankers, investors and advisors with an opportunity to seek solutions and opportunities offered by fintech startups.
Kenya’s financial technology provider Cellulant was declared the winner of the Payments and Transfers segment of the 2016 African FinTech 100 awards held in Johannesburg, South Africa last Thursday.
Cellulant, whose fintech innovations are used by numerous banks and governments across nine countries in Africa, beat 93 fintech companies among them ATMs’ provider Interswitch and M-Pesa to clinch the trophy.
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| Ken Njoroge and Bolaji Akinboro at SoFI2015 |
Speaking after he returned home from South Africa, Cellulant’s founder and chief executive Ken Njoroge described the award as candid proof that local fintech solutions have helped improve lives in Africa.
“Our team’s tireless input has created and sustained value for our customers in the banking sector, mobile money operators, merchants and retailers,” he said.
Other winners in the category were independent ATMs’ provider Interswitch and South Africa’s VoguePay. Ken Njoroge and Nigerian Bolaji Akinboro founded Cellulant in 2004 and have seen it grow to become a continental company with offices in Kenya, Nigeria, Tanzania, Malawi, Uganda, Zambia, Ghana, Zimbabwe, Botswana and Mozambique.
Continue on...Business Daily Africa
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