Quona, Accion close $141m global fintech fund
Quona Capital and emerging markets microfinance group Accion International have closed a $141 million global venture fund dedicated to financial technology. It will focus in part on India and Southeast Asia.
The Accion Frontier Inclusion Fund (AFIF) is considered the first global fintech fund targeting unbanked and underserved markets. Accion, which incubated Quona in 2014, is the fund’s anchor investor....
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