Connect with us

Hi, what are you looking for?

Capital Business
Capital Business


Cellulant CEO made 400 pitches over 2 years to secure Sh4.7b investment

Cellulant CEO and Co-founder Ken Njoroge

NAIROBI, Kenya, May 21- Payment solution provider Cellulant recently closed a Sh4.7 billion financing, one of the largest investment in a fintech company in Africa.

Capital Business reporter Kangethe Njoroge had coffee with the Co-founder and CEO of Cellulant, Kennedy Njoroge, who gave us behind the scenes moves that made the deal possible.

Among the hurdles the company had to jump was meeting over 60 different investors over a two year period that took up 400 pitches across the world.

In this Interview, Njoroge also hints of listing the firm in the Next five years and how the financing will be used.

Click to comment

More on Capital Business

Executive Lifestyle

NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight...

Ask Kirubi

NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any...

Ask Kirubi

NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead...

Ask Kirubi

It is without a doubt that the COVID-19 pandemic has caught the whole world by surprise. Although its full impact is yet to be...


NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March...


NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety...


NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of...


NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the...