Quona Inclusion Fund III
Global
Region
132.6
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).
Key information
- Sector:
- Financial Inclusion
- Commitment (MNOK):
- 132.6
- Year:
- 2021
- Region:
- Global
- Country:
- Global
- Domicile:
- Cayman Islands
- Instrument:
- Funds
- Status:
- Active
- Mandate:
- Development
Quona Inclusion Fund III investments
| Investee | Sector | Country |
|---|---|---|
| Kanastra | Brazil | |
| Destaxa | Brazil | |
| NEOFIN | Brazil | |
| FRANQ | Brazil | |
| Guru | Brazil | |
| Finkargo | Colombia | |
| Khazna | Egypt | |
| CAPITER | Egypt | |
| Majoo | Indonesia | |
| Makmur | Indonesia | |
| Mewt | India | |
| Mohash | India | |
| Moneyyapp | India | |
| Bureau | India | |
| EazyPG | India | |
| Onsurity | India | |
| SB NRI | India | |
| Shivalik | India | |
| TURNO | India | |
| Alami | Indonesia | |
| Broom | Indonesia | |
| Orda | Nigeria | |
| CASTIA | Other | |
| Solvento | Mexico | |
| Prima | Mexico | |
| Caliza | Mexico | |
| NocNoc | Other | |
| TwinCo Capital | Other | |
| Pillow | Other | |
| Power | South Africa | |
| Sava | South Africa |
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