Cellulant and Solv Kenya in new payments deal

Pan-African payments provider Cellulant has announced that it has signed a financial services partnership with Solv Kenya, an MSMEs-focused B2B digital platform that will enable Solv Kenya’s expanding MSME partners to access digital payment and collections services offered by Cellulant.

Following the announcement of Solv’s commercial operations in Kenya last month, the partnership will enable MSMEs using the Solv Kenya platform to reconcile, receive, and view all their payments on the go under one roof.

With more than 5,000 MSMEs and over ten multinational corporations having joined Solv Kenya, and the company planning to sign up 10,000 businesses by the end of the year, the collaboration will enable efficient and seamless transactions for the various business enterprises participating in the SOLV marketplace.