[Transcript] #79: Cellulant - How the FinTech payments platform is providing financial services across Africa
Transcript for episode recorded on Jan 20, 2025
Hello,
Cellulant is one of the original African fintech companies. They started off selling ringtones and have evolved into one of Africa's most notable financial services providers.
Our conversation covered the founders, their fascinating early days, and their journey to their current market position.
You can listen to the episode here, and find the transcript below.
Bankole.
[00:00:00] Olumide Ogunsanwo: Today we're going to explore Cellulant, the African payments infrastructure company. We'll discuss the story across the following areas. First, we'll give some context about the African financial sector. Second, we'll discuss Cellulant's early history. Third, its product monetization strategy. Fourth, its competitive positioning and potential exit options. And then fifth, we'll end with our views on its overall outlook. This episode was recorded on January 20th, 2025.
[00:00:20] Olumide Ogunsanwo: Cellulant's corporate description states that it is a financial technology company that powers online and offline payment processing, allowing global businesses to collect payments, send payouts, and accelerate business growth.
[00:00:33] Olumide Ogunsanwo: Sounds cool.
[00:00:34] Bankole Makanju: The last part is fine, but I just don't think that's even controversial. Like, that's probably one of the more corporate descriptions. Versus something like "the electricity that powers small businesses," or "empowering small businesses to become the biggest they can be." It's kind of like, I don't know what that is, but this is kind of straightforward.