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Kenyan Private Equity Firm Raises $155M To Invest In East Africa
Catalyst Principal Partners, a Kenyan-based, East African focused private equity firm, has raised $155 million in its second round of funding, securing capital commitments from leading international and regional investors, as a successor to Catalyst Fund I, a $125 million fund raised in 2009. Full investment news article
Revolut Could Raise $500M From Softbank
This story was delivered to Business Insider Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here. UK neobank Revolut is currently in talks with the Softbank fund, which is worth $92 billion, for its next funding round, according to City AM. The talks are still early on, but the funding round could be as high as $500 million. It’s not clear whether existing investors, including Draper Esprit and Index Ventures, would participate in the next round. For ... Full investment news article
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