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Since 2017, Quona Capital has backed 9 African startups across 19 disclosed funding rounds totaling $420.2M, most heavily in South Africa and Fintech.
Quona Capital is a global venture capital firm focused on inclusive fintech in emerging markets. According to its official materials, Quona invests in startups that expand access to financial services for underserved consumers and small businesses across Latin America, India and Southeast Asia, and the EMEA region. The firm is headquartered in Washington, DC, with team members based in key markets from Cape Town to Mexico City. In Africa, Quona Capital has backed fintech and technology companies that broaden access to payments, credit, savings, and digital commerce. The firm has been active across seed, Series A, Series B, and growth stages, reflected in its participation in rounds such as seed and Series A financings, later Series B and Series C rounds, and selected convertible and venture rounds. Quona’s activity in South Africa, Egypt, Nigeria, and Kenya aligns with its stated focus on emerging markets and financial inclusion, and its portfolio in the region spans fintech, e commerce and retail, and HR and talent solutions. Quona’s official materials emphasize advancing financial inclusion through technology and business model innovation, with a mission to improve the quality, access, and affordability of financial services. The firm highlights its inclusive fintech focus, its presence in multiple emerging markets regions, and its role as a mission driven investor combining impact objectives with venture scale growth.
Data updated · Sep 13, 2026
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Quona Capital has backed 9 African startups across 19 disclosed funding rounds tracked on Liners, totaling $420.2M since 2017.
Mostly Series A: 8 of its 19 tracked rounds are at that stage, followed by Seed (4).
Companies Quona Capital has backed operate in South Africa (12), Egypt (6), Nigeria (5), and 5 more markets. Each figure counts the rounds behind companies serving that market, so a company operating in several markets counts in each of them.
Its tracked rounds lean toward Fintech (14), E-commerce & Retail (3), HR & Talent (2).
Quona Capital most often shares rounds with Algebra Ventures (4 shared deals), Speedinvest (4 shared deals), Khwarizmi Ventures (3 shared deals).
Quona Capital is a global venture capital firm focused on inclusive fintech in emerging markets. Its official materials state that it invests in startups expanding access to financial services for underserved consumers and small businesses across Latin America, India and Southeast Asia, and the EMEA region, which includes Africa.
Quona Capital’s official materials describe a mission to advance financial inclusion by backing fintech innovators that improve access to affordable, high quality financial services. The firm combines impact objectives with venture capital discipline and emphasizes local presence in the markets it serves to support founders and scale inclusive financial solutions.