cLabs is the protocol development organization for Celo
cLabs is a technology company and a key member of the Alliance for Prosperity, focusing on building financial technology solutions. The company is known for creating an open and decentralized platform, which supports stablecoins and tokenized assets, tailored for mobile phone optimization.
cLabs prioritizes creating core platform features that enhance the security, reliability, and scalability of the Celo blockchain, making it an attractive platform for developers. These efforts include improving transaction speeds, providing a comprehensive set of developer tools, and ensuring the platform remains secure and decentralized.
Valora launch by cLabs: cLabs introduced Valora, the mobile app for peer-to-peer payments and remittances on the Celo platform, driven by the vision of empowering everyone with full control over their finances, making money transfers as simple as texting.
Summa acquisition by cLabs: cLabs enhanced its technological capabilities by acquiring Summa, a leader in cross-chain architecture, to develop bridges between Celo and various blockchains, expanding interoperability and connectivity.
AFI Fintech Showcase recognition: cLabs was named a finalist in the AFI Annual Fintech Showcase for its innovative approach to microwork in Kenya, achieved through a collaboration with Appen and Toca.
