Washington-based Quona Capital, a leading venture capital company (with additional offices in Bengaluru), has secured $203 million in commitments. The Accion Quona Inclusion Fund had initially planned to acquire $150 million in capital. The fund will mainly be focusing on Fintech projects and financial organizations… Read More
SMEcorner, an online lender for small and medium-sized enterprises (SMEs), has acquired $30 million in funding through a Series B round, which reportedly includes a combination of debt and equity. SMEcorner is based in Mumbai, India. SMEcorner’s investment round was led by Paragon Partners, which… Read More
Thailand’s “full-stack” Insurtech Sunday recently revealed that it has secured an additional $11 million extension to its Series A round, which is led by Quona Capital, a Fintech VC firm whose funds are supported by Accion, along with contributions from existing investors such as Vertex…. Read More
Santander InnoVentures, the fintech venture capital fund of Santander Group, has invested in the startup Creditas, a leading Brazilian secured lending platform. Creditas is Santander InnoVentures, Santander’s USD 200 million corporate VC fund, first investment in Brazil and second in Latin America. Creditas increased of… Read More
Personal finance management startup Fisdom announced on Wednesday it secured $4 million during its Series B funding round, which was led by Accion Frontier Inclusion Fund, managed by Quona Capital, with participation from existing investor, Saama Capital. Founded in 2015, Fisdom described itself as an… Read More
Accion and Quona Capital announced on Monday the closing of the Accion Frontier Inclusion Fund, which both companies claim to be the world’s first global fintech fund for the underserved. The fund is managed by Quona Capital. According to the companies, the oversubscribed Fund represents $141… Read More
Fintech in Mexico continues to grow as Konfio has closed on an $8 million Series A funding round. Konfio is an online lender that finances micro-businesses in Latin America. Their mission is to boost regional economies with loans for young, promising businesses. The new funding… Read More
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