Quona Capital is a venture capital firm that invests in growth-stage financial technology companies in emerging markets. The firm was formed with a simple idea - technology has the power to radically improve the quality, access and affordability of financial services for underserved consumers and businesses in Sub-Saharan Africa, Latin America and India. They invest in entrepreneurs and growth-oriented businesses seeking to change how financial services are delivered in emerging markets. They invest in disruptive innovations to create a more financially inclusive world.

Quona's mission is to combine money and meaning, investing in companies with the potential to generate an attractive return on investment and to change the world for the better.

They aim to serve:

Emerging Entrepreneurs

Founders of innovative companies with disruptive business models, products and technologies focused on expanding the availability of financial services for underserved consumers and businesses in emerging markets.

The Financially Underserved

Innovative companies with disruptive business models, products and technologies focused on expanding the availability of financial services for underserved consumers and businesses in emerging markets.

Funds

Quona is the investment manager of the recently launched the Accion Frontier Inclusion Fund (AFIF) and its predecessor fund, Frontier Investments. Quona is backed by financial inclusion leader Accion, global insurance companies, prominent investment banks, pension funds, university endowments, a global payments company, and ultra high net worth family offices.

Investment Criteria

They're looking for the next fintech game-changer for the under banked.
 

• Disruptive and scalable business models with well defined target markets
• Products and technologies with compelling value propositions for underserved consumers or businesses
• Companies with the potential to generate both attractive financial returns and high impact social gains, with strong exit alternatives
• Management teams that are transparent, open-minded and nimble enough to operate successfully in the face of the challenges that characterize emerging markets

 

Target Sectors
 

• Technology - Systems and platforms enhancing efficiency in financial services
• Distribution - Channels and networks extending the availability of financial services, with a particular focus on payments
• Products - Financial products and services beyond microcredit