Quona Capital

Quona Capital is a venture capital firm that invests in fintech innovators advancing financial inclusion globally. The firm backs companies expanding financial access in regions including Latin America, India, Southeast Asia, and EMEA, with a presence in hubs such as Cape Town. Quona manages significant assets and focuses on underserved businesses and customers through purpose-driven investments. In Africa, Quona has been active from March 2017 to August 2024, participating in 11 funding rounds totaling $300.8 million. The firm targets early to growth stages, including Seed (2), Series A (4), Series B (3), Series C (1), and Convertible Note (1), primarily in fintech (8 investments), with additional focus on e-commerce & retail and marketing & CRM. Geographic preferences center on South Africa (6), Kenya (3), and Nigeria (2), supporting companies like Yoco, Lulalend, Wasoko, Verto, Cowrywise, and Flowcart. Quona often co-invests with partners such as 4DX Ventures, Velocity Capital Fintech Ventures, and International Finance Corporation, reflecting its collaborative approach in emerging markets.