African fintech startups to benefit from US$203m Accion Quona Inclusion Fund

AFRICA – Quona Capital, a venture firm focused on financial inclusion in emerging markets, has announced the final close of the Accion Quona Inclusion Fund at US$203 million in commitments from an array of leading investors. Quona is a US-based VC company, which focuses on fintech opportunities in emerging markets in Asia, Africa, and Latin America. Accion, a nonprofit focused on financial inclusivity, acts as the fund’s sponsor, general partner, and anchor investor, according to a statement. Quona Capital, which has supported more than 20 financial technology companies expanding access…

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