Velocity Capital & Progression Africa

What they do

Founded by Willem Willemstein, Velocity Capital Private Equity (operating as Velocity Fintech Ventures) is a specialized venture capital firm focused exclusively on the financial technology sector. They provide early-stage capital to founders with strong business models and a clear vision for transforming financial behaviors and infrastructures. Distinctively, Velocity operates an evergreen fund structure, recycling capital from exits back into the fund, giving them flexibility to support companies without strict, forced-exit timelines. The firm is known for its hands-on, operator-led approach, drawing on the team's deep executive experience in highly regulated B2B and B2C industries.

What they look for

Velocity invests exclusively in "fintech companies with unstoppable founders." They seek fast-growing companies operating at the intersection of technology and financial behaviors, markets, and infrastructures that connect and create opportunities for people worldwide. They explicitly look for leaders with "vision, determination, and strong business models," prioritizing founders who are resilient and capable of navigating complex, highly regulated environments.

Stage

Seed, Series A, Series B+

Sectors

Fintech

Based

Laren, NL