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Since 2014, Velocity Capital Fintech Ventures has backed 2 African startups across 5 disclosed funding rounds totaling $155M, most heavily in South Africa and Fintech.
Velocity Fintech Ventures is a venture capital firm that invests in fintech companies with unstoppable founders. The firm provides early stage capital funding, no seed, to leaders with vision, determination, and strong business models. Velocity stands by founders as allies and counselors during challenges. Velocity invests globally, partnering early with fintech companies in Europe, Africa, and North America. The firm has a propensity to keep investing in subsequent funding rounds. From February 2014 to July 2021, Velocity participated in five funding rounds totaling $155 million, focusing exclusively on fintech in South Africa and Pan-African markets at Series A, B, and C stages. Notable investments include Yoco, a South African POS and card payments provider with real-time sales tracking, across Series A ($3 million, March 2017), Series B ($16 million, September 2018), and Series C ($83 million, July 2021). Velocity also backed Cellulant, a Pan-African payments platform, in Series B ($5.5 million, February 2014) and Series C ($47.5 million, May 2018). Co-investors include Quona Capital, Orange Ventures, and Partech.
Data updated · Jul 29, 2026
Velocity Capital Fintech Ventures has backed 2 African startups across 5 disclosed funding rounds tracked on Liners, totaling $155M since 2014.
Mostly Series C: 2 of its 5 tracked rounds are at that stage, followed by Series B (2).
Velocity Capital Fintech Ventures's tracked rounds are concentrated in South Africa (3), Kenya (2).
Its tracked rounds lean toward Fintech (5).
Velocity Capital Fintech Ventures most often shares rounds with Quona Capital (3 shared deals), Orange Ventures (2 shared deals), Partech (2 shared deals).
Velocity Fintech Ventures has backed Yoco in South Africa and Cellulant across Pan-African markets. Investments in Yoco span Series A, B, and C rounds from 2017 to 2021. Cellulant received Series B and C funding in 2014 and 2018.
Velocity Fintech Ventures invests globally in Europe, Africa, and North America. In Africa, the focus is on South Africa and Pan-African markets. Investments include three rounds in South Africa and two Pan-African.
