African Tech Roundup
Cellulant's Ken Njoroge & Velocity Capital's Allard Luchsinger on 2018's biggest fintech deal so far
28 Jun 2018
A couple of hours before the recent #VillageDiariesAmsterdam event went down, Andile Masuku managed to land a sit-down with Cellulant Founder and CEO, Ken Njoroge, and Director of Private Equity at Velocity Capital, Allard Luchsinger, in order to glean insider perspectives on what went into closing Cellulant's historic round of funding. A few weeks ago, digital payments firm, Cellulant, announced the close of a $47.5 million investment round led by TPG Growth— a deal which included Endeavour Catalyst, Satya Capital as well as Velocity Capital. Listen in to hear Ken explain why landing investment is a demanding full-time job, shed light on the toll fundraising has taken on him and his team, and most importantly, how Cellulant plans to deploy the fresh funds they've reeled in.
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