Accion Quona Inclusion Fund LP

Global

Region

87.7

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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Key information

Sector:
Financial Institutions
Committment (MNOK):
87.7
Year:
2019
Region:
Global
Country:
Global
Domicile:
Cayman Islands
Instrument:
Funds
Status:
Active

Indirect investments

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

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