back Back

Cellulant to power payments for ImaliPay’s drive for Gig Workers’ financial inclusion

By Edlyn Cardoza

November 24, 2021

  • Africa
  • Black Founders Fund
  • Cellulant
Share

Cellulant, ImaliPay, Africa, Kenya, Nigeria, TinggImaliPay, the one-stop financial platform for Africa’s gig workers, has partnered with pan-African payments company Cellulant for its payments infrastructure and solutions in Kenya and Nigeria. The ease of making and receiving payments for freelancers will be significantly improved through this partnership and will change how gig workers experience making payments. The partnership will further drive financial inclusion by allowing ImaliPay users to access financial services quicker through Cellulant’s payment rails.

Sanmi Akinmusire, co-founder and COO of ImaliPay, says, “Most of the financial services provided today are not designed with the gig workers in mind and our aim at ImaliPay is to build an ecosystem where gig workers can create a safety net around their work through savings, credit, and insurance that drives their productivity and economic empowerment.”

“Our partnership with Cellulant is an important step in our journey to improve the financial health of gig workers on the continent by leveraging Cellulant’s payment infrastructure to offer our customers an easy way to make and receive payments,” commented Tatenda Furusa, co-founder and CEO of ImaliPay, speaking to the importance of the partnership to the business.

The partnership is serendipitous for the two co-founders, both alumni of Cellulant, having worked at the company between 2013 and 2020. Tatenda worked in Cellulant Zimbabwe and then Cellulant Kenya as Technical Advisor to Co-founder Ken Njoroge, supporting the business strategy after Series C fundraising and Sanmi as the Chief Commercial Officer of Tingg Payments and Marketplace across Nigeria and Africa. The founding duo continues to contribute to the African FinTech growth story. ImaliPay’s most recent accolade is receiving funding from Google through its Google for Black Founders Fund.

Regarding the partnership, David Waithaka, Group Chief Business Officer at Cellulant, said, “At Cellulant, we’re driven by our belief to provide solutions to everyday challenges across Africa by digitizing payments for various value chains. For us, it’s about what people, businesses and communities can do when the movement of money becomes seamless, dependable and more transparent. We’re proud to partner with Imali Pay, with whom we have shared values and ambitions, to grow the gig economy in Africa.”

Recently, IBS Intelligence reported that the growth witnessed in Kenya is reflective of the payments landscape in the rest of Africa, reports Cellulant, with a noted shift in consumer behaviour.

Previous Article

November 24, 2021

Worldline provides core components for Austria’s national digital ID solution “ich.app”

Read More
Next Article

November 24, 2021

Temenos presents the Temenos Exchange as its Open Marketplace for FinTech solutions

Read More










IBSi Daily News Analysis

FinTech, future, trends

December 08, 2022

Africa

Here’s how the FinTech landscape looks like for 2023

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

December 08, 2022

Worldline brings Express Transit for Apple Pay to France

Read More

December 08, 2022

AvidXchange and Wise partner to expand International Payments capabilities

Read More

December 08, 2022

Swiss Digital Bank Alpian goes live on Temenos Banking Cloud

Read More

Related Reports

Sales League Table Report 2022

£1,500.00 / year

Know More
Global Digital Banking Vendor & Landscape Report Q3 2022

£1,500.00 / year

Know More
Wealth Management & Private Banking Systems Report Q3 2022

£1,500.00 / year

Know More
Global Transaction Banking Vendors and Landscape Report Q3 2022

£1,500.00 / year

Know More
Treasury & Capital Markets Systems Report Q3 2022

£1,500.00 / year

Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2022