TPG’s Rise Fund takes stake in digital payments company Cellulant

ImpactAlpha, May 15 – TPG Growth’s $2 billion The Rise Fund impact fund led Nairobi-based Cellulant’s $47.5 million Series C financing round, marking the fund’s first investment in Africa. Cellulant will use the funding to expand into new areas and hire a larger team. Cellulant is among Africa’s biggest mobile money companies, with operations in 11 … Continue reading TPG’s Rise Fund takes stake in digital payments company Cellulant