Quona Inclusion Fund III

Global

Region

133.0

Commitment (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).

detail_image

Key information

Sector:
Financial Inclusion
Commitment (MNOK):
133.0
Year:
2021
Region:
Global
Country:
Global
Domicile:
Cayman Islands
Instrument:
Funds
Status:
Active
Mandate:
Development

Additionality Quona Inclusion Fund III

This investment is particularly additional on the following ambitions:

  • Investing in the most capital constrained markets
  • Investing in the riskiest markets
  • Investing in difficult business environments
  • Investing in high risk instruments
  • Targeting underserved segments
  • Mobilising private investors
  • Taking an active role in investments
  • Improving social and environmental performance