Accion Quona Inclusion Fund LP

Global

Region

84.2

Committment (MNOK)

Active

Status

Quona is a venture fund focused on financial technology for inclusion in emerging markets. Its focus is on Fintechs expanding access to quality and offering affordable financial services in challenging markets. The fund raising is for its second fund, after having successfully invested its Fund 1. It is managed by Accion (large international MFI operating partner).

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Key information

Sector:
Financial Institutions
Committment (MNOK):
84.2
Year:
2019
Region:
Global
Country:
Global
Domicile:
Cayman Islands
Instrument:
Funds
Status:
Active

Accion Quona Inclusion Fund LP investments

Investee Sector Country
Soko Inc.Kenya
AryaIndia
Primrose Hill Ventures (Zest Money)India
RupifiIndia
Lula Lend Proprietary LimitedSouth Africa
Klar Holdings LimitedMexico
Contabilizei CompanyBrazil
FacilyBrazil
Kovi (Buda Corp)Brazil
Monkey ExchangeBrazil
Finja Inc.Pakistan
ADDIColombia
AlamiIndonesia
BukuWarungIndonesia
Julo Holdings PteIndonesia
UlaIndonesia
CowryWiseNigeria
Verto FX IncNigeria
TarfinTurkey
Global 81 Ltd (Global 66)Other
Sunday Ins Holdings PteThailand

Additionality for Accion Quona Inclusion Fund LP

This investment is particularly additional on the following ambitions:

  • Investing in high risk instruments
  • Mobilising private investors
  • Taking an active role in investments