Accion Quona Inclusion Fund LP

Global

Region

94.3

Committment (MNOK)

Financial Institutions

Sector

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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  • Sector: Financial Institutions
  • Committment (MNOK): 94.3
  • Year: 2019
  • Region: Global
  • Country: Global
  • Domicile: Cayman Islands
  • Instrument: Funds
  • Status: Active

Indirect investments

Investee Sector Country
Contabilizei CompanyOther servicesOther
Sunday Ins Holdings PteFinancial servicesThailand
Primrose Hill Ventures (Zest Money)Financial servicesIndia
Julo Holdings PteFinancial servicesIndonesia
Finja Inc.CommunicationPakistan
Lula Lend Proprietary LimitedMicrofinanceSouth Africa
Klar Holdings LimitedFinancial servicesMexico
Kovi (Buda Corp)Financial servicesBrazil

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