Quona Capital

Quona Capital Management Ltd. is a venture capital firm that focuses on early to growth-stage investments in financial technology companies within emerging markets, particularly in Africa, Asia, and Latin America. Founded in 2014 and headquartered in Washington, D.C., with additional offices in Bengaluru, Lima, Cape Town, and Mexico City, Quona Capital aims to enhance financial inclusion by backing startups that leverage technology to improve the accessibility, quality, and affordability of financial services for underserved consumers and businesses. The firm primarily invests in disruptive innovations related to digital lending, payments, and wealth management, as well as adjacent sectors such as agriculture, health, education, and commerce. Investments typically range from $1 million to $10 million, focusing on solutions that address the financial needs of those lacking access to traditional banking services.

Monica Brand Engel

Managing Partner

Sheena Jain

Vice President

Varun Malhotra

Partner

David Mathewson

Partner

Meagan Prins

Investment Associate

Ganesh Venkateshwaran Rengaswamy

Managing Partner

Jonathan Whittle

Managing Partner

108 past transactions

Turno

Series A in 2023
Turno is a fintech startup focused on facilitating the transition to electric vehicles (EVs) for commercial vehicle operators and owners. The company offers a variety of vehicles from multiple original equipment manufacturers (OEMs) and provides affordable financing solutions along with battery value guarantees to protect the investments of EV purchasers. Turno aims to convert gasoline miles to electric miles, catering specifically to the needs of operators in the delivery sector. Its platform supports both online and physical sales of EVs, while also offering services such as the buyback of used batteries, thereby enhancing the overall value proposition for its customers in India.

Kanastra

Seed Round in 2022
Kanastra operates as a technology-driven back office for alternative investments, focusing on private credit and private equity. The company has developed an asset management platform that addresses inefficiencies in the securitization market. This platform provides a range of services, including bank services, debt issuance, bookkeeping, and distribution. It also supports passive management and mirroring while offering real-time analytics and structured data. By leveraging technology, Kanastra aims to facilitate a seamless investment experience, allowing investors and originators to operate more efficiently and with greater freedom.

MoHash

Seed Round in 2022
MoHash is a decentralized finance (Defi) protocol that harnesses crypto assets (namely, stablecoins) for providing access to global capital and liquidity for private debt in fast-growing Economies.

Fisdom

Series C in 2022
Fisdom is an automated investment service provider that offers a personalized online investment platform designed to assist users in making informed financial decisions. Founded in 2015 and headquartered in Bangalore, Karnataka, India, the company enables users to track their investments in real-time and provides daily updates, enhancing fund management and financial planning. Fisdom's services include personalized investment recommendations and portfolio management, which empower users to manage their personal finances effectively through a mobile-friendly interface. The company plans to generate revenue by charging commissions from financial services companies and mutual funds.

Sava

Pre Seed Round in 2022
Sava is a multi-management platform that provides an unlimited number of virtual cards as well as automated accounting reconciliation.

mewt

Seed Round in 2022
Mewt is a fintech company based in Bangalore, India, founded in 2021, that aims to simplify business banking for micro, small, and medium enterprises (MSMEs). It offers a banking platform that consolidates accounts from state-run banks, private banks, and neo banks into a single super account. This enables businesses to manage their financial activities more efficiently, facilitating quick transfers and seamless payment acceptance through a proprietary QR code system. Mewt's platform also allows businesses to track their loans and payments conveniently while offering rewards for card transactions, enhancing their overall banking experience.

Finkargo

Seed Round in 2022
Finkargo is a financial services company based in Bogota, Colombia, that focuses on providing trade financing solutions for small and medium-sized enterprises (SMEs) in Latin America. Founded in 2021, Finkargo aims to accelerate international trade operations by offering an import financing platform that integrates automated credit scoring and access to necessary capital. The company enables SMEs to enhance their sales and manage logistics more effectively by providing logistical and technological support, as well as fair pricing aligned with the needs of these businesses.

Khazna

Series A in 2022
Khazna is an Egyptian company focused on enhancing financial services through its mobile application. The platform offers a range of services, including payments, savings, and insurance, while also allowing employers to provide cash advances to employees for unforeseen emergencies. Users can easily transfer and receive funds between each other and make cash withdrawals and deposits without incurring transaction fees. By leveraging smartphone technology, Khazna aims to deliver convenient, effective, and secure financial solutions to consumers in Egypt.

nocnoc

Seed Round in 2022
Our cross-border eCommerce platform enables Latin American marketplaces to enter the cross-border world, and empowers international sellers to increase their selling volumes in Latin America. Forget long and frustrating international adventures. Reward your customers with a comfortable domestic-feeling shopping experience no matter where the products are coming from.

Wasoko

Series B in 2022
Sokowatch revolutionizes access to essential goods and services by connecting small shops to the digital economy. Through individual agents equipped with proprietary mobile data-collection tools, Sokowatch increases sales and market coverage for companies in emerging markets. It enables informal retailers to order products at any time via SMS or mobile app, and receive free same-day delivery to their store. This makes it easier for shopkeepers to source goods and helps manufacturers ensure that their products are consistently available to consumers. Sokowatch evaluates retailers to provide them with access to credit and other financial services typically not available to informal businesses. Sokowatch's systems track real-time sales and orders across thousands of stores. Access to market trends and purchasing habits enables manufacturers to tailor their marketing strategies and allows Sokowatch to offer personalized promotions and business insights to individual retailers.

Broom

Pre Seed Round in 2022
Broom is a developer of a digital platform tailored for the automotive industry, focusing on funding, car auctions, and vehicle sales. The platform allows automotive dealers to secure short-term loans by using their car inventories as collateral. This service enables clients and showroom owners to obtain necessary supplies and facilitate vehicle sales, thereby enhancing the development and reliability of their businesses.

Majoo

Seed Round in 2022
Majoo is a apps company located in Jakarta.

JULO

Series B in 2022
PT. Julo Teknologi Perdana operates a mobile application designed to offer affordable unsecured personal loans to smartphone users in Indonesia. Founded in 2016 and based in South Jakarta, the platform connects borrowers with lenders, utilizing machine learning technologies to determine interest rates and credit limits based on individual creditworthiness. JULO aims to provide low-cost loan products while ensuring profitability for its lending partners through careful underwriting assessments. The company incentivizes responsible borrowing behavior by offering cashback bonuses and the opportunity for reliable customers to access higher loan amounts at reduced interest rates upon loan maturity.
Arya Collateral Warehousing Services provides post-harvest services including warehousing, warehouse receipt financing, rural storage discovery, collateral management and market linkages.

Klar

Series B in 2022
Klar is a fintech company providing a mobile app and a debit card that has the benefits of a credit card. Using the Klar card rewards users with cash of up to 4% cash back for each purchase, not points without confusing conversions or expiration dates. Clients can also send and receive payments and collections money instantly to Klar accounts and other banks. The Klar card is linked to an app where users can see all their movements in real-time. Stefan Moller, Daniel Autrique, Jeronimo Riefkohl, and Gianluigi Davassi established the fintech company in Mexico City, Distrito Federal in 2018.

KoinWorks

Series C in 2022
KoinWorks is Indonesia Super Financial App and winner of Asian Banker Financial Innovation Award 2019 for Lending Category. With multiple financial product offers where users can manage both their asset and liabilities under one single platform. A true financial technology evolution, with core DNA in providing accessible and affordable financial solutions for everyone.

Rupifi

Series A in 2022
Rupifi operates a software-as-a-service (SaaS) firm focussed on financial products for small and medium enterprises.

Facily

Series D in 2021
Facily is a social commerce marketplace in Latin America. The platform focuses on low-ticket items, delivering great prices and differentiated logistics to lower income neighbourhoods, leveraging learnings from China. Facily offers a unique experience by bringing the opportunity to buy together with friends directly from producers and manufacturers, having fun playing with freemium features. Facily also promotes community buying by leveraging local leaders and influencers.

Tarfin

Series A in 2021
Tarfin Tarim AS develops and operates a cloud-based credit platform that provides underbanked farmers with farm inputs and point-of-sale financing. It allows retailers to both eliminate receivable risk and free up capital from accounts receivable while using a proprietary credit algorithm. The company was founded in 2017 and is based in Istanbul, Turkey.

EazyPG

Seed Round in 2021
EazyPG is a mobile application designed to streamline the experience for both hostel and paying guest (PG) operators and millennial tenants. The app automates essential processes such as tenant documentation, rent collection, and complaint resolution, significantly enhancing operational efficiency. With features that integrate onboarding, payment, marketing, and booking, EazyPG aims to improve conversion rates and overall tenant satisfaction. By eliminating the need for manual input through its zero-typing functionality, the app simplifies interactions for users, catering specifically to the needs of modern tenants and property managers.

Facily

Series D in 2021
Facily is a social commerce marketplace in Latin America. The platform focuses on low-ticket items, delivering great prices and differentiated logistics to lower income neighbourhoods, leveraging learnings from China. Facily offers a unique experience by bringing the opportunity to buy together with friends directly from producers and manufacturers, having fun playing with freemium features. Facily also promotes community buying by leveraging local leaders and influencers.

Ula

Series B in 2021
Ula is an Indonesia-focused marketplace app that uses technology to modernise distribution and credit in traditional retail. It brings the best of selection, prices and payment credit to small and medium sized retailers across categories such as FMCG, staples, apparel, and more.

Verto

Series A in 2021
VERTO is a B2B currency exchange marketplace for international businesses. They handle millions of dollars every year and make payments to suppliers abroad. VERTO provides liquidity and price discovery tools for international businesses. The marketplace provides easy access to exotic and foreign currencies with seamless international online payment services.

Capiter

Series A in 2021
Capiter is a B2B e-commerce marketplace that focuses on providing cash flow solutions for small to medium-sized businesses in Egypt. Founded in 2019 and headquartered in Cairo, Capiter enables suppliers to receive immediate payment for their sales, thereby reducing collection and credit risks. The platform also offers buyers flexible payment plans, allowing them to access credit on their purchases. By streamlining transactions and enhancing cash flow management, Capiter supports the growth and financial stability of small businesses and vendors in the region.

Addi

Series B in 2021
Addi is a technology company that provides credit and banking solutions. Addi is headquartered in Bogota, Colombia.

Sunday

Series B in 2021
Sunday Ins Co., Ltd. is an insurance technology company based in Bangkok, Thailand, founded in 2017. It provides a range of insurance products, including health, motor, travel, and electronics protection, through an online platform. The company aims to enhance the insurance experience by offering a user-friendly app that allows businesses and individuals to manage their insurance needs. This app facilitates access to claim data, health information, and employee welfare planning, while also streamlining claim submissions and management of employee benefits. By personalizing coverage options and simplifying the claims process, Sunday seeks to make insurance more accessible and transparent, thereby supporting sustainable living and quality healthcare for its clients.

Sunday

Series B in 2021
Sunday Ins Co., Ltd. is an insurance technology company based in Bangkok, Thailand, founded in 2017. It provides a range of insurance products, including health, motor, travel, and electronics protection, through an online platform. The company aims to enhance the insurance experience by offering a user-friendly app that allows businesses and individuals to manage their insurance needs. This app facilitates access to claim data, health information, and employee welfare planning, while also streamlining claim submissions and management of employee benefits. By personalizing coverage options and simplifying the claims process, Sunday seeks to make insurance more accessible and transparent, thereby supporting sustainable living and quality healthcare for its clients.

Kovi

Series B in 2021
Kovi Tecnologia Ltda. is a car rental service based in São Paulo, Brazil, established in 2018. The company specializes in providing rental cars across various segments, including hatchbacks, sedans, and sports utility vehicles, primarily targeting on-demand drivers in Latin America. Kovi operates an online platform that facilitates rentals for rideshare and delivery drivers, emphasizing convenience and cost-effectiveness. By partnering with automakers and traditional car rental companies, Kovi adopts an asset-light model, enabling it to offer flexible rental solutions that streamline transportation for users. The company's focus on leveraging technology aims to enhance accessibility and security in the car rental market.

ALAMI

Series A in 2021
SME financing aggregator focusing on sharia market, thrive to revolutionize the sharia finance industry through technology.

ALAMI

Series A in 2021
SME financing aggregator focusing on sharia market, thrive to revolutionize the sharia finance industry through technology.

Onsurity

Series A in 2021
Onsurity is a developer of a healthcare platform used to simplify health tech and employee benefits with technology. The company provides a benefits administration platform for employers and offers health insurance, self onboarding, dashboard management, and more. It also offers healthcare assistance for hospitalization.

Global66

Series A in 2021
Global66 is an international online payment platform founded in 2017, headquartered in Santiago, Chile, with additional offices in London, United Kingdom, and Lima, Peru. The platform enables customers to transfer money across borders and offers various services, including payments to Google, loans between subsidiaries, and business-to-business transactions. It caters to freelancers and facilitates the import of products, providing users with competitive rates for their financial transactions.

Yoco

Series C in 2021
Yoco Technologies Proprietary Limited, known as Yoco, is a South African company based in Cape Town that specializes in providing tools and services for small businesses to facilitate payments and enhance operational efficiency. Established in 2015, Yoco offers a range of products including mobile card machines, payment gateways, point of sale systems, and a business portal, enabling merchants to accept payments in-store, online, and on-the-go. The company aims to simplify the payment process for both buyers and sellers, reducing the complexities associated with managing multiple systems. Yoco currently supports around 100,000 small businesses in South Africa and has been recognized as one of the top 250 most promising fintech companies in recent years.

Klar

Series B in 2021
Klar is a fintech company providing a mobile app and a debit card that has the benefits of a credit card. Using the Klar card rewards users with cash of up to 4% cash back for each purchase, not points without confusing conversions or expiration dates. Clients can also send and receive payments and collections money instantly to Klar accounts and other banks. The Klar card is linked to an app where users can see all their movements in real-time. Stefan Moller, Daniel Autrique, Jeronimo Riefkohl, and Gianluigi Davassi established the fintech company in Mexico City, Distrito Federal in 2018.

Finja

Series A in 2021
Finja is a payments solutions provider based in Lahore, Pakistan, specializing in digital banking projects and digital transformation in emerging markets. The company focuses on developing and implementing various payment systems and platforms, as well as creating ecosystems to support these services. Finja's offerings include business process management, ROI-driven digital marketing campaigns, and retail-led marketing strategies. The team comprises experienced professionals from the tech and banking sectors, bringing over 40 years of collective expertise in delivering innovative digital banking solutions. Finja aims to enhance user experience through mobile applications, e-commerce, and comprehensive payment program management.

Addi

Series B in 2021
Addi is a technology company that provides credit and banking solutions. Addi is headquartered in Bogota, Colombia.

Rupifi

Seed Round in 2021
Rupifi operates a software-as-a-service (SaaS) firm focussed on financial products for small and medium enterprises.

Monkey Exchange

Series A in 2021
Monkey Exchange is an online corporate financial alternative to medium and small companies in Brazil focused on reducing cost of capital. We aim to provide financing, using receivables exchange to the supply chain of the multinational groups (Brazilians or not), by linking the suppliers to investors in a competitive environment. It's a Gain-Gain situation: lower capital price for producing side and better returns for investors. And this is just the start.

Ula

Series A in 2021
Ula is an Indonesia-focused marketplace app that uses technology to modernise distribution and credit in traditional retail. It brings the best of selection, prices and payment credit to small and medium sized retailers across categories such as FMCG, staples, apparel, and more.

Cowrywise

Seed Round in 2021
CowryWise operates an personal finance platform that automates user's savings and investments. Its online platform automates savings from user's bank account into CowryWise account, daily, weekly, or monthly. These savings start earning interests from risk-free investments (T-bills and Government bonds) on a daily basis. The company serves Nigerians in all states. The company is based in Lagos, Nigeria.

Contabilizei

Series C in 2021
Contabilizei offers an online accounting service for small and micro enterprises. The company positively impacted the lives of thousands of micro and small businesses by implementing cost-effective, intelligent online accounting. Fábio Bacarin and Vitor Torres founded it in January 2014, with its headquarters in Curitiba in Brazil.

ALAMI

Series A in 2021
SME financing aggregator focusing on sharia market, thrive to revolutionize the sharia finance industry through technology.

Stockbit

Series C in 2021
Stockbit adalah komunitas investasi di Indonesia. Stockbit memberi ruang bagi investor dan trader untuk berbagi ide, berita dan informasi keuangan lainya secara real-time. Pengguna bisa membuat profil dan mengikuti saham tertentu atau investor favorit untuk mendapatkan informasi berharga dan bertukar pikiran.

Finja

Series A in 2020
Finja is a payments solutions provider based in Lahore, Pakistan, specializing in digital banking projects and digital transformation in emerging markets. The company focuses on developing and implementing various payment systems and platforms, as well as creating ecosystems to support these services. Finja's offerings include business process management, ROI-driven digital marketing campaigns, and retail-led marketing strategies. The team comprises experienced professionals from the tech and banking sectors, bringing over 40 years of collective expertise in delivering innovative digital banking solutions. Finja aims to enhance user experience through mobile applications, e-commerce, and comprehensive payment program management.
Arya Collateral Warehousing Services provides post-harvest services including warehousing, warehouse receipt financing, rural storage discovery, collateral management and market linkages.

Fisdom

Series B in 2020
Fisdom is an automated investment service provider that offers a personalized online investment platform designed to assist users in making informed financial decisions. Founded in 2015 and headquartered in Bangalore, Karnataka, India, the company enables users to track their investments in real-time and provides daily updates, enhancing fund management and financial planning. Fisdom's services include personalized investment recommendations and portfolio management, which empower users to manage their personal finances effectively through a mobile-friendly interface. The company plans to generate revenue by charging commissions from financial services companies and mutual funds.

Klar

Series A in 2020
Klar is a fintech company providing a mobile app and a debit card that has the benefits of a credit card. Using the Klar card rewards users with cash of up to 4% cash back for each purchase, not points without confusing conversions or expiration dates. Clients can also send and receive payments and collections money instantly to Klar accounts and other banks. The Klar card is linked to an app where users can see all their movements in real-time. Stefan Moller, Daniel Autrique, Jeronimo Riefkohl, and Gianluigi Davassi established the fintech company in Mexico City, Distrito Federal in 2018.

Tarfin

Series A in 2020
Tarfin Tarim AS develops and operates a cloud-based credit platform that provides underbanked farmers with farm inputs and point-of-sale financing. It allows retailers to both eliminate receivable risk and free up capital from accounts receivable while using a proprietary credit algorithm. The company was founded in 2017 and is based in Istanbul, Turkey.

Sunday

Series A in 2020
Sunday Ins Co., Ltd. is an insurance technology company based in Bangkok, Thailand, founded in 2017. It provides a range of insurance products, including health, motor, travel, and electronics protection, through an online platform. The company aims to enhance the insurance experience by offering a user-friendly app that allows businesses and individuals to manage their insurance needs. This app facilitates access to claim data, health information, and employee welfare planning, while also streamlining claim submissions and management of employee benefits. By personalizing coverage options and simplifying the claims process, Sunday seeks to make insurance more accessible and transparent, thereby supporting sustainable living and quality healthcare for its clients.
Arya Collateral Warehousing Services provides post-harvest services including warehousing, warehouse receipt financing, rural storage discovery, collateral management and market linkages.

Rupifi

Pre Seed Round in 2020
Rupifi operates a software-as-a-service (SaaS) firm focussed on financial products for small and medium enterprises.

BukuWarung

Seed Round in 2020
BukuWarung is a technology startup founded in 2019 by Chinmay Chauhan and Abhinay Peddisetty in Jakarta, Indonesia. The company offers an accounting and credit management app tailored for micro-businesses, allowing them to efficiently track their financial transactions, including sales, expenses, and customer accounts. The platform integrates digital payment solutions, which facilitate cash and credit management for small merchants. By automating payment reminders, BukuWarung helps users achieve faster repayments and improved cash flow, while also providing essential business reports to enhance financial visibility. Overall, BukuWarung's services empower small businesses to maintain accurate records and streamline their financial operations.

Eseye

Series A in 2020
Eseye Limited provides cellular machine to machine solutions in the United Kingdom and internationally. It offers support services ranging from engineering and product design to launching connectivity and product management. The company also provides engineering products, such as embedded software, 3G routers, standalone modems, and embedded modems; connectivity solutions, including SIM cards, chip SIMs, and fixed IP SIM cards, as well as access point names, 3G and high speed packet access, network address translation, and virtual private network connections; and enterprise support products, such as data synchronization, warehousing, and presentation servers. In addition, it operates a Web based SIM management portal that allows a user to manage a portfolio of devices and update their configuration. The company serves manufacturing, healthcare, security, and environmental monitoring industries. Eseye Limited was founded in 2007 and is based in Guildford, the United Kingdom.

BizCapital

Series B in 2020
BizCapital provides loans to SMEs without access to large banks through an evaluation machine that analyzes and ranks each request in a few seconds, analyzing the variables digitally, enabling customers to get loans to operate business through an online lending platform.

Ula

Seed Round in 2020
Ula is an Indonesia-focused marketplace app that uses technology to modernise distribution and credit in traditional retail. It brings the best of selection, prices and payment credit to small and medium sized retailers across categories such as FMCG, staples, apparel, and more.

Addi

Series B in 2020
Addi is a technology company that provides credit and banking solutions. Addi is headquartered in Bogota, Colombia.

KoinWorks

Venture Round in 2020
KoinWorks is Indonesia Super Financial App and winner of Asian Banker Financial Innovation Award 2019 for Lending Category. With multiple financial product offers where users can manage both their asset and liabilities under one single platform. A true financial technology evolution, with core DNA in providing accessible and affordable financial solutions for everyone.

SMECorner

Series B in 2020
SMEcorner is a financial lending firm that focuses on providing quick access to business loans to micro, small, and medium enterprises. The companys mission is to fill India's SME lending gap with the use of an online platform that combines machine learning, data science, and artificial intelligence. SME owners can fund their business through their 2 different products which are the unsecured business loans and loan against property. SMEcorner's lending process is based on a combination of traditional and new alternate data, with strong use of decision science. SMEcorner was founded in 2014 and is headquartered in Mumbai, Maharashtra, India.

Wasoko

Series A in 2020
Sokowatch revolutionizes access to essential goods and services by connecting small shops to the digital economy. Through individual agents equipped with proprietary mobile data-collection tools, Sokowatch increases sales and market coverage for companies in emerging markets. It enables informal retailers to order products at any time via SMS or mobile app, and receive free same-day delivery to their store. This makes it easier for shopkeepers to source goods and helps manufacturers ensure that their products are consistently available to consumers. Sokowatch evaluates retailers to provide them with access to credit and other financial services typically not available to informal businesses. Sokowatch's systems track real-time sales and orders across thousands of stores. Access to market trends and purchasing habits enables manufacturers to tailor their marketing strategies and allows Sokowatch to offer personalized promotions and business insights to individual retailers.

Facily

Series A in 2020
Facily is a social commerce marketplace in Latin America. The platform focuses on low-ticket items, delivering great prices and differentiated logistics to lower income neighbourhoods, leveraging learnings from China. Facily offers a unique experience by bringing the opportunity to buy together with friends directly from producers and manufacturers, having fun playing with freemium features. Facily also promotes community buying by leveraging local leaders and influencers.

Zestmoney

Series B in 2019
ZestMoney is a consumer lending FinTech company based in India that offers digital equated monthly installments (EMIs) without requiring a credit card or a credit score. Founded in 2016 by Priya Sharma, Lizzie Chapman, and Ashish Anantharaman, the company aims to make EMI payments accessible to a broader audience. By leveraging mobile technology, digital banking, and artificial intelligence, ZestMoney has reached millions of consumers across India. The company is supported by prominent global investors in digital financial services, including PayU, Ribbit Capital, and Omidyar Networks.

Sunday

Series A in 2019
Sunday Ins Co., Ltd. is an insurance technology company based in Bangkok, Thailand, founded in 2017. It provides a range of insurance products, including health, motor, travel, and electronics protection, through an online platform. The company aims to enhance the insurance experience by offering a user-friendly app that allows businesses and individuals to manage their insurance needs. This app facilitates access to claim data, health information, and employee welfare planning, while also streamlining claim submissions and management of employee benefits. By personalizing coverage options and simplifying the claims process, Sunday seeks to make insurance more accessible and transparent, thereby supporting sustainable living and quality healthcare for its clients.

Neon

Series B in 2019
Neon is a Brazilian fintech company established in 2016, focused on enhancing and simplifying financial experiences through technology and design. Employing over 250 individuals, Neon primarily offers a digital banking platform that allows users to manage their finances without the need for physical branches. The platform enables customers to perform various banking activities, including making payments, issuing slips, and utilizing virtual cards, all accessible via smartphones. In 2018, Neon secured 72 million reais in Series A funding from notable investors such as Propel Ventures, Monashees, and Quona, among others. To facilitate the custody and settlement of its accounts, Neon has partnered with Banco Votorantim.

Finja

Convertible Note in 2019
Finja is a payments solutions provider based in Lahore, Pakistan, specializing in digital banking projects and digital transformation in emerging markets. The company focuses on developing and implementing various payment systems and platforms, as well as creating ecosystems to support these services. Finja's offerings include business process management, ROI-driven digital marketing campaigns, and retail-led marketing strategies. The team comprises experienced professionals from the tech and banking sectors, bringing over 40 years of collective expertise in delivering innovative digital banking solutions. Finja aims to enhance user experience through mobile applications, e-commerce, and comprehensive payment program management.

Kovi

Series A in 2019
Kovi Tecnologia Ltda. is a car rental service based in São Paulo, Brazil, established in 2018. The company specializes in providing rental cars across various segments, including hatchbacks, sedans, and sports utility vehicles, primarily targeting on-demand drivers in Latin America. Kovi operates an online platform that facilitates rentals for rideshare and delivery drivers, emphasizing convenience and cost-effectiveness. By partnering with automakers and traditional car rental companies, Kovi adopts an asset-light model, enabling it to offer flexible rental solutions that streamline transportation for users. The company's focus on leveraging technology aims to enhance accessibility and security in the car rental market.

Fisdom

Corporate Round in 2019
Fisdom is an automated investment service provider that offers a personalized online investment platform designed to assist users in making informed financial decisions. Founded in 2015 and headquartered in Bangalore, Karnataka, India, the company enables users to track their investments in real-time and provides daily updates, enhancing fund management and financial planning. Fisdom's services include personalized investment recommendations and portfolio management, which empower users to manage their personal finances effectively through a mobile-friendly interface. The company plans to generate revenue by charging commissions from financial services companies and mutual funds.

Klar

Seed Round in 2019
Klar is a fintech company providing a mobile app and a debit card that has the benefits of a credit card. Using the Klar card rewards users with cash of up to 4% cash back for each purchase, not points without confusing conversions or expiration dates. Clients can also send and receive payments and collections money instantly to Klar accounts and other banks. The Klar card is linked to an app where users can see all their movements in real-time. Stefan Moller, Daniel Autrique, Jeronimo Riefkohl, and Gianluigi Davassi established the fintech company in Mexico City, Distrito Federal in 2018.

JULO

Series A in 2019
PT. Julo Teknologi Perdana operates a mobile application designed to offer affordable unsecured personal loans to smartphone users in Indonesia. Founded in 2016 and based in South Jakarta, the platform connects borrowers with lenders, utilizing machine learning technologies to determine interest rates and credit limits based on individual creditworthiness. JULO aims to provide low-cost loan products while ensuring profitability for its lending partners through careful underwriting assessments. The company incentivizes responsible borrowing behavior by offering cashback bonuses and the opportunity for reliable customers to access higher loan amounts at reduced interest rates upon loan maturity.

Lulalend

Series A in 2019
LulaLend is more than a company. It’s a belief in the power of small business, making a difference, building a better solution and striving for excellence. We work hard to empower businesses across South Africa with the funds they need to grow, and we have a great time doing it!

KoinWorks

Series B in 2019
KoinWorks is Indonesia Super Financial App and winner of Asian Banker Financial Innovation Award 2019 for Lending Category. With multiple financial product offers where users can manage both their asset and liabilities under one single platform. A true financial technology evolution, with core DNA in providing accessible and affordable financial solutions for everyone.

Zestmoney

Series B in 2019
ZestMoney is a consumer lending FinTech company based in India that offers digital equated monthly installments (EMIs) without requiring a credit card or a credit score. Founded in 2016 by Priya Sharma, Lizzie Chapman, and Ashish Anantharaman, the company aims to make EMI payments accessible to a broader audience. By leveraging mobile technology, digital banking, and artificial intelligence, ZestMoney has reached millions of consumers across India. The company is supported by prominent global investors in digital financial services, including PayU, Ribbit Capital, and Omidyar Networks.

SMECorner

Series A in 2019
SMEcorner is a financial lending firm that focuses on providing quick access to business loans to micro, small, and medium enterprises. The companys mission is to fill India's SME lending gap with the use of an online platform that combines machine learning, data science, and artificial intelligence. SME owners can fund their business through their 2 different products which are the unsecured business loans and loan against property. SMEcorner's lending process is based on a combination of traditional and new alternate data, with strong use of decision science. SMEcorner was founded in 2014 and is headquartered in Mumbai, Maharashtra, India.

Contabilizei

Series B in 2019
Contabilizei offers an online accounting service for small and micro enterprises. The company positively impacted the lives of thousands of micro and small businesses by implementing cost-effective, intelligent online accounting. Fábio Bacarin and Vitor Torres founded it in January 2014, with its headquarters in Curitiba in Brazil.

Eseye

Series A in 2018
Eseye Limited provides cellular machine to machine solutions in the United Kingdom and internationally. It offers support services ranging from engineering and product design to launching connectivity and product management. The company also provides engineering products, such as embedded software, 3G routers, standalone modems, and embedded modems; connectivity solutions, including SIM cards, chip SIMs, and fixed IP SIM cards, as well as access point names, 3G and high speed packet access, network address translation, and virtual private network connections; and enterprise support products, such as data synchronization, warehousing, and presentation servers. In addition, it operates a Web based SIM management portal that allows a user to manage a portfolio of devices and update their configuration. The company serves manufacturing, healthcare, security, and environmental monitoring industries. Eseye Limited was founded in 2007 and is based in Guildford, the United Kingdom.

BizCapital

Series A in 2018
BizCapital provides loans to SMEs without access to large banks through an evaluation machine that analyzes and ranks each request in a few seconds, analyzing the variables digitally, enabling customers to get loans to operate business through an online lending platform.

Yoco

Series B in 2018
Yoco Technologies Proprietary Limited, known as Yoco, is a South African company based in Cape Town that specializes in providing tools and services for small businesses to facilitate payments and enhance operational efficiency. Established in 2015, Yoco offers a range of products including mobile card machines, payment gateways, point of sale systems, and a business portal, enabling merchants to accept payments in-store, online, and on-the-go. The company aims to simplify the payment process for both buyers and sellers, reducing the complexities associated with managing multiple systems. Yoco currently supports around 100,000 small businesses in South Africa and has been recognized as one of the top 250 most promising fintech companies in recent years.

KoinWorks

Series A in 2018
KoinWorks is Indonesia Super Financial App and winner of Asian Banker Financial Innovation Award 2019 for Lending Category. With multiple financial product offers where users can manage both their asset and liabilities under one single platform. A true financial technology evolution, with core DNA in providing accessible and affordable financial solutions for everyone.

Konfio

Series C in 2018
Konfio is a financial technology company based in Mexico City that focuses on providing online financial solutions for micro entrepreneurs and small to mid-sized enterprises. Founded in 2013, it offers a range of services including fixed-rate loans, short-term business credits, working capital loans, and online payment solutions. Additionally, Konfio provides a corporate credit card, a loyalty program, and business productivity software tools to enhance growth and operational efficiency. The company aims to support the financial needs of its clients through innovative digital banking solutions and has established itself as a key player in the Mexican fintech landscape.

Azimo

Series C in 2018
Azimo Limited is a digital money transfer network that enables users to send money internationally via an online platform accessible from any internet-connected device. Founded in 2012 and headquartered in London, with an additional office in Amsterdam, the company offers mobile applications for both Android and iOS. Azimo aims to provide a cost-effective alternative to traditional money transfer methods by offering lower fees and competitive exchange rates. The platform allows users to send money directly to bank accounts or to over 270,000 cash pick-up locations worldwide, focusing on delivering a convenient and efficient service.

Neon

Series A in 2018
Neon is a Brazilian fintech company established in 2016, focused on enhancing and simplifying financial experiences through technology and design. Employing over 250 individuals, Neon primarily offers a digital banking platform that allows users to manage their finances without the need for physical branches. The platform enables customers to perform various banking activities, including making payments, issuing slips, and utilizing virtual cards, all accessible via smartphones. In 2018, Neon secured 72 million reais in Series A funding from notable investors such as Propel Ventures, Monashees, and Quona, among others. To facilitate the custody and settlement of its accounts, Neon has partnered with Banco Votorantim.

Neogrowth

Series D in 2018
NeoGrowth Credit Private Limited is a non-banking financial institution based in Mumbai, India, established in 1993. The company specializes in providing business loans tailored for micro, small, and medium enterprises. Its services include retail finance, vendor finance for manufacturers and suppliers of large corporations, and purchase finance for traders and service providers acquiring goods from major corporate clients. NeoGrowth primarily focuses on meeting the financial needs of small businesses across various sectors, including retail, hospitality, and health services. It began commercial operations in 2013 and aims to support businesses that sell consumer goods and services, such as apparel, electronics, handicrafts, and personal care services.

Creditas

Series C in 2017
Creditas is a financial technology company based in São Paulo, Brazil, specializing in secured consumer loans. Founded by Sergio Furio, the company operates a digital platform that leverages credit scoring and borrower assets, such as homes and automobiles, as collateral to provide loans. This approach allows Creditas to offer affordable lending solutions by partnering with traditional financial institutions and utilizing investor-backed resources. The platform is designed to enable borrowers to repay their loans in manageable installments, thereby making financing more accessible.

Fisdom

Series B in 2017
Fisdom is an automated investment service provider that offers a personalized online investment platform designed to assist users in making informed financial decisions. Founded in 2015 and headquartered in Bangalore, Karnataka, India, the company enables users to track their investments in real-time and provides daily updates, enhancing fund management and financial planning. Fisdom's services include personalized investment recommendations and portfolio management, which empower users to manage their personal finances effectively through a mobile-friendly interface. The company plans to generate revenue by charging commissions from financial services companies and mutual funds.

Konfio

Series B in 2017
Konfio is a financial technology company based in Mexico City that focuses on providing online financial solutions for micro entrepreneurs and small to mid-sized enterprises. Founded in 2013, it offers a range of services including fixed-rate loans, short-term business credits, working capital loans, and online payment solutions. Additionally, Konfio provides a corporate credit card, a loyalty program, and business productivity software tools to enhance growth and operational efficiency. The company aims to support the financial needs of its clients through innovative digital banking solutions and has established itself as a key player in the Mexican fintech landscape.

AllLife

Venture Round in 2017
AllLife (Pty) Ltd. is a South African insurance company that specializes in providing life and disability coverage for individuals living with HIV and diabetes. Founded in 2004 and based in Sandton, the company aims to address the insurance needs of a demographic that has historically faced significant challenges in obtaining coverage. By offering tailored insurance products, AllLife empowers its clients to lead long and productive lives, countering the stigma and misconceptions associated with their health conditions. The company distributes its offerings through financial services providers, ensuring accessibility and support for its unique clientele.

Yoco

Series A in 2017
Yoco Technologies Proprietary Limited, known as Yoco, is a South African company based in Cape Town that specializes in providing tools and services for small businesses to facilitate payments and enhance operational efficiency. Established in 2015, Yoco offers a range of products including mobile card machines, payment gateways, point of sale systems, and a business portal, enabling merchants to accept payments in-store, online, and on-the-go. The company aims to simplify the payment process for both buyers and sellers, reducing the complexities associated with managing multiple systems. Yoco currently supports around 100,000 small businesses in South Africa and has been recognized as one of the top 250 most promising fintech companies in recent years.

CreditMantri

Series B in 2017
CreditMantri Finserv Private Limited provides individuals with credit score analysis and credit improvement program. It engages in educating consumers about their credit history, as well as leverages the same to improve/enhance their chances for becoming loan/credit card eligible. The company also provides individuals with a plan to improve their credit score and works with them for improving their loan/credit card eligibility. In addition, it helps individuals obtain their CIBIL report and provide them with a credit scan; and conducts analysis and provides them with a credit health report. Further, the company provides services for individuals to find loans/credit cards, improve credit score and history, and reduce their EMI costs. CreditMantri Finserv Private Limited was founded in 2012 and is based in Chennai, India.

Creditas

Series B in 2017
Creditas is a financial technology company based in São Paulo, Brazil, specializing in secured consumer loans. Founded by Sergio Furio, the company operates a digital platform that leverages credit scoring and borrower assets, such as homes and automobiles, as collateral to provide loans. This approach allows Creditas to offer affordable lending solutions by partnering with traditional financial institutions and utilizing investor-backed resources. The platform is designed to enable borrowers to repay their loans in manageable installments, thereby making financing more accessible.

Exten

Series A in 2017
Exten provides invoice financing solutions to small and medium businesses.

Coins.ph

Series A in 2016
Coins.ph Pte. Ltd. is a financial technology company based in Pasig City, Philippines, founded in 2014. It offers a mobile wallet that enables consumers and small businesses to access a range of financial services, including money transfers, bill payments, phone loading, and buying or selling cryptocurrencies like Bitcoin. The platform also facilitates local and international remittances, game credits, and online shopping, leveraging blockchain technology to enhance accessibility and streamline transactions. Additionally, Coins.ph provides services such as ATM cash pickup and merchant solutions, making financial services more convenient and user-friendly through mobile devices. The company operates as a subsidiary of PT Go-Jek Indonesia.

Zoona

Series B in 2016
Zoona is a mobile technology company developing products such as money transfers, electronic voucher payments, and agent payments.

Neogrowth

Series C in 2016
NeoGrowth Credit Private Limited is a non-banking financial institution based in Mumbai, India, established in 1993. The company specializes in providing business loans tailored for micro, small, and medium enterprises. Its services include retail finance, vendor finance for manufacturers and suppliers of large corporations, and purchase finance for traders and service providers acquiring goods from major corporate clients. NeoGrowth primarily focuses on meeting the financial needs of small businesses across various sectors, including retail, hospitality, and health services. It began commercial operations in 2013 and aims to support businesses that sell consumer goods and services, such as apparel, electronics, handicrafts, and personal care services.

Creditas

Series A in 2016
Creditas is a financial technology company based in São Paulo, Brazil, specializing in secured consumer loans. Founded by Sergio Furio, the company operates a digital platform that leverages credit scoring and borrower assets, such as homes and automobiles, as collateral to provide loans. This approach allows Creditas to offer affordable lending solutions by partnering with traditional financial institutions and utilizing investor-backed resources. The platform is designed to enable borrowers to repay their loans in manageable installments, thereby making financing more accessible.

Konfio

Series A in 2016
Konfio is a financial technology company based in Mexico City that focuses on providing online financial solutions for micro entrepreneurs and small to mid-sized enterprises. Founded in 2013, it offers a range of services including fixed-rate loans, short-term business credits, working capital loans, and online payment solutions. Additionally, Konfio provides a corporate credit card, a loyalty program, and business productivity software tools to enhance growth and operational efficiency. The company aims to support the financial needs of its clients through innovative digital banking solutions and has established itself as a key player in the Mexican fintech landscape.

InvoiNet

Venture Round in 2016
InvoiNet operates an online platform that connects financial suppliers and customers so that they send, receive, manage, and finance their invoices. Tomas Lanzilotta founded it in 2008, with its headquarters in Buenos Aires in Argentina.

IndiaMART

Series C in 2016
IndiaMART is India’s largest online B2B marketplace, connecting buyers with suppliers. The online channel focuses on providing a platform to SMEs, large enterprises as well as individuals. Founded in 1996, the company’s mission is ‘to make doing business easy’. 5.98 Crore+ Buyers | 47 Lakh+ Suppliers | 5 Crore+ Products IndiaMART for Buyers - Convenience of connecting with sellers anytime, anywhere - Wider marketplace with a range of products and suppliers - One-stop-shop for all requirements IndiaMART for Suppliers - Enhanced business visibility - Access to buyers from across the globe - Increased credibility for your brand IndiaMART has over 3600 employees located across 80+ offices in the country, and with customers spanning across 200 nations. Its existing investors include Intel Capital, Amadeus Capital, WestBridge Capital & Quona Capital.

Eseye

Series B in 2015
Eseye Limited provides cellular machine to machine solutions in the United Kingdom and internationally. It offers support services ranging from engineering and product design to launching connectivity and product management. The company also provides engineering products, such as embedded software, 3G routers, standalone modems, and embedded modems; connectivity solutions, including SIM cards, chip SIMs, and fixed IP SIM cards, as well as access point names, 3G and high speed packet access, network address translation, and virtual private network connections; and enterprise support products, such as data synchronization, warehousing, and presentation servers. In addition, it operates a Web based SIM management portal that allows a user to manage a portfolio of devices and update their configuration. The company serves manufacturing, healthcare, security, and environmental monitoring industries. Eseye Limited was founded in 2007 and is based in Guildford, the United Kingdom.

Neogrowth

Series C in 2015
NeoGrowth Credit Private Limited is a non-banking financial institution based in Mumbai, India, established in 1993. The company specializes in providing business loans tailored for micro, small, and medium enterprises. Its services include retail finance, vendor finance for manufacturers and suppliers of large corporations, and purchase finance for traders and service providers acquiring goods from major corporate clients. NeoGrowth primarily focuses on meeting the financial needs of small businesses across various sectors, including retail, hospitality, and health services. It began commercial operations in 2013 and aims to support businesses that sell consumer goods and services, such as apparel, electronics, handicrafts, and personal care services.