About Us
what we do
The Celbux Financial Ecosystem
Celbux is a groundbreaking financial platform that leverages the power of the Google Cloud Platform to pioneer the use of distributable computing in the financial realm.
The evolution of Banking
Did you know?
Banking providers can use the Celbux PaaS to operate customised banking solutions to fit each and every clients’ needs
Features:
- Configurations available to customise the solution to suit specific needs:
- Country Specific Rules and Regulations
- Integrated to ACH of choice
- Combine with CBDC or Remittance Solutions
- All transactions can be performed in real-time
- Full compliance with relevant KYC, AML, etc.
- Implementation available for any country(ies) globally
- Wide variety of transaction types available
- Celbux has obtained banking regulatory sign-off in three countries. Celbux SA is in the process of receiving regulatory sign-off for Celbux SA Bank
Did you know?
Celbux can operate multiple CBDC instances
Celbux has developed a cutting-edge technology that enables seamless connectivity between multiple economies, enabling instantaneous payments across various currencies in a wide range of markets. This ground-breaking solution offers unparalleled convenience and versatility in cross-border transactions, revolutionizing the way businesses and individuals interact with currencies worldwide.
Using Celbux’s revolutionary technology, central banks will be able to seamlessly integrate their CBDC’s with one another, thereby connecting the global economy and enabling the effortless, safe and efficient transfer of funds multi-nationally
Did you know?
Celbux implements a three-party scheme on the cloud, enabling instant clearing and settlement.
Our payment rails bypass traditional clearing and settlement stakeholders by facilitating those services internally through their platform
Transaction Flow:
- Payer buys goods or services from the merchant and pays using a token
- The merchant requests authorisation from the Celbux PaaS
- Celbux either approves or declines the transaction after checking the token has sufficient funds as well as other predetermined rules and debits account
- Celbux sends a response to the merchant and credits(clearing and settling) the merchant account upon successful request
- The merchant completes the transaction and releases the goods/cash
Our journey
How it went
For the past 13 years, Celbux has continuously enhanced its capabilities and technology across diverse market sectors, addressing various needs-based challenges. Our journey has yielded a substantial track record and a broad solution footprint.
Of achievements so far...
2010
Scalable transaction
Celbux started building its scalable transaction engine.
Celbux Identified South Africa as its first operational deployment target.
Success Achieved
- Designed engine to support 10K+ TPS
- Signed-up Shoprite Group to accept Celbux as tender in store
2012
NSFAS Pilot student
Successful contract NSFAS Pilot student distribution Program
Success Achieved
- Successful tender and pilot for NSFAS
- Proved the case for controlled spend
2013
Disbursement platform
Signed up Tier 1 national merchants, 🡪 Footprint grew to 14,000+ by 2022
Success Achieved
- R12bn disbursed to NSFAS students 10yrs
- The NSFAS contract enabled Celbux to integrate to 14K+ retail merchants
2014
Sign off - Banco BNI
Achieved Regulatory
sign off in Angola, pilot with Banco BNI
Success Achieved
Implemented as back-end, managed central bank approval in 3 countries – SA, Zambia, Angola
2016
Pep - Shoprite merger
Achieved Regulatory sign off in Zambia with Pep Money (Stanbic) and in SA, Shoprite Money (Standard Bank)
Success Achieved
Deepened integration with retailers and created product stickiness
2020
Management Change
Management Change
Merge with eVoucher.mobi white label. Start building consumer products and services in SA
Success Achieve
Confirmed there is market and appetite for a cash-out provider beyond ATMs and existing POS providers
2021
Consumer Celbux Wages
Launched first consumer product “Celbux Wages”
Success Achieved
Proved the attractiveness of a cashless transactional platform to cash wage payers
2022-2023
NSFAS Pilot student
Build SA pipeline with blue chip partnerships: such as Flash, Blue Label, African Bank
Success Achieved
- Significant partnerships and solutions required to scale
- Build pipeline for deposit taking
2023
Upgraded Celbux Core
Upgrade Celbux Core – Tech, Functions, AI integration
Launch new products and services, add 200,000 merchants
2023
Banking Sponsorship
Banking Sponsorship from African Bank
Go to market in SA
Success Achieved:
African Bank agreement to sponsor Celbux for deposit taking
Building the Future in South Africa
Celbux was founded in South Africa in 2010. After years of intensive research and development, the first pilots of the Celbux platform launched in 2013, processing transactions across the country.
Early Traction and Validation
Adoption grew steadily as Celbux proven its secure, instantly and low-cost solutions. By onboarding thousands of merchants, millions of transactions were confirmed daily. The platform also powered financial backends.
Expanding Horizons
Based on successes in South Africa, Celbux obtained regulatory approvals to scale its vision globally. Partnerships now span multiple continents. The goal is to connect economies through seamless finance.
A Future in the Making
Celbux continues pioneerng new frontiers from its R&D centers. The journey to establish an open, accessible and empowering financial system worldwide is just beginning.
Design Principles of the Celbux Platform
12 Design Principles of Celbux
1. Cloud Technology
By leveraging cloud technology, our platform offers unparalleled scalability, reliability, and accessibility. With no other infrastructure required
3. Atomicity
Transactions are executed in an all-or-nothing fashion, providing better semantics for payments
5. Limitless Financial Operations
Enabling transactions, through the use of efficient resource deployment, of any value to be accommodated with the same level of security, reliability, and transparency
7. Integration and Interoperability
Integration can take place with any other financial, management, and operational systems. Enabling interoperability at a global scale
9. Configurability
The functionality provided by our platform to configure and support different implementations is of paramount importance. Enabling the platform to be used for any value store and transfer
11. Smart Contracting
Refers to the application of configurable rules to a specific smart value, ensuring that the value will be moved or spent automatically once the relevant rules are met
2. Distributable Computing
A cutting-edge approach that enables parallel processing and efficient resource allocation. Ensuring consistency, availability and partition tolerance
4. Secure
Transactions executed and all other data are secured by advanced cryptographic techniques. The immutable nature further enhances security, making each transaction tamper-proof and auditable
6. Sustainability
Allocating resources as efficiently as possible whilst always fulfilling the task required
8. Accessibility
Enabling access through any connected device or system
10. Reconciliation
The platform reconciles itself upon every transaction ensuring no leakage or addition of value
12. Smart Value (Token)
Refers to the application of configurable rules to a specific value, ensuring that the value can only be moved or spent if the relevant rules are met
Join Celbux.
Getting More Done Together.
Address
Jersey, Great Britain
Phone Number
+27 860 235 289 (+27 860 Celbux)