Velocity Capital Fintech Ventures

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.