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

Past deals in South America

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.

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.

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.

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.

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.

Addi

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

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.

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.

Addi

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

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.

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.

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.

Addi

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Creditas

Series A in 2015
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.

InvoiNet

Venture Round in 2015
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.

Tiaxa

Series F in 2012
TIAXA provides innovative financial services to people across the globe, with a particular focus on financial inclusion through mobile technology. Each day, Tiaxa provides more than 2 million Nano-Credits through users'​ mobile Operators in 14 countries including Argentina, Bangladesh, Cambodia, China, Colombia, Ecuador, Mexico, Peru, and the Philippines. Tiaxa also provides the mobile telecommunications market with infrastructure, clearinghouse and revenue enhancement services, improving the efficiency with which the current prepaid user base is managed, and increasing revenues for Operators around the world, including China Telecom, Telefónica Movistar, America Móvil and Smart Communications.

GKN - GloboKasNet

Venture Round in 2010
GloboKasNet is a multibank payment network based in Peru. The company offers transaction, processing, and settlement services to low income urban and rural clients of banks, microfinance institutions and commercial wholesalers. GloboKasNet was launched in 2007.