Home News The rise fund leads $47.5m series c for Cellulant

The rise fund leads $47.5m series c for Cellulant

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Cellulant

The Rise Fund, a global impact investing fund managed by growth equity platform TPG Growth, has announced that it has signed an agreement to acquire a stake in Cellulant, a leading digital payments provider that reaches 40 million people across 11 African countries.
The Rise Fund is investing alongside Endeavor Catalyst and Satya Capital.
The deal is the largest of its kind dedicated solely to Africa’s fintech and payments space, competitively positioning Cellulant in a fast-growing sector where it already enjoys an early mover advantage.

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