Quona Capital

Quona Capital is a prominent venture capital firm headquartered in Washington D.C., specializing in financial technology (fintech) investments across emerging markets. The firm's core mission revolves around fostering financial inclusion by backing innovative companies that expand access to financial services for underserved populations. Quona's investment thesis is deeply rooted in the belief that robust financial returns can be achieved alongside significant social impact, making them a key player in the impact investing space.

Quona Capital primarily focuses on Series A and Series B funding rounds, providing crucial early-stage capital to promising fintech startups. Their typical initial investment, or first cheque, generally ranges from $5 million to $15 million, allowing them to take meaningful positions in their portfolio companies. The firm maintains a broad geographic footprint, actively deploying capital across Latin America, Africa, India, and Southeast Asia, identifying regions with high potential for financial innovation and unmet market needs.

Over the years, Quona Capital has demonstrated a strong capacity for growth and capital deployment. The firm successfully closed its third fund, Frontier Fund III, at $332 million in 2023, significantly expanding its investment capacity. This latest fund brought their total assets under management to over $700 million, underscoring their substantial presence in the emerging markets fintech ecosystem. Quona's strategic approach involves not only providing capital but also leveraging their deep industry expertise and extensive network to support their portfolio companies' scaling and market penetration.