Quona Capital is a venture capital firm that invests in fintech companies in emerging markets, focusing on financial inclusion for underserved consumers and small and medium-sized enterprises. The firm backs startups developing financial products and services beyond microcredit, including alternative lending, remittances, insurance, prepaid services, and payments infrastructure, as well as software that enhances distribution, financial management, and online bill payments. It targets companies leveraging digital platforms to expand access to banking and financial services in Sub-Saharan Africa, India and Southeast Asia, and Latin America. Typical investments range from about 1 to 10 million. Founded in 2014 and based in Washington, DC, with additional offices in Bengaluru, Lima, Cape Town, and Mexico City, Quona Capital aims to fuel inclusive fintech and related adjacencies such as agriculture, healthcare, education, commerce, and mobility finance.
CXC enables private debt transaction in Latin America.
Destaxa
Seed Round in 2023
Destaxa is an integrated financial management platform that simplifies the tracking of business transactions for small and medium entrepreneurs. By auditing each transaction and optimizing fees, the company enhances clients' relationships with credit card machines and aids in recovering amounts due. Destaxa aims to eliminate the complexities of financial management, allowing clients to avoid cumbersome Excel spreadsheets and bureaucratic processes. Its automatic routing solutions enable merchants to work seamlessly with multiple payment acquirers and accept various payment networks, ensuring cost-efficient payment methods for each transaction. Overall, Destaxa provides a practical, safe, and efficient solution that allows entrepreneurs to focus on their core business activities with greater transparency and confidence.
Revio
Seed Round in 2022
Revio was founded in 2020 to help businesses collect more revenue, through reducing payment failures and recovering lost revenue. Through a single API, we optimise merchants’ payment stacks with locally-optimised payment methods and smart payment routing, failover, and retries.
We understand that there is more to getting paid than accepting payments, and believe that how you engage customers when trying to collect a failed payment is as important as when you are trying to acquire them. Our Recovery solution builds on this insight, empowering businesses with data-driven omnichannel interaction workflows to recover at-risk revenue from their customers.
Today, we’re helping some of Africa's largest brands and fastest-growing startups increase their revenue through increased payment success rates, customer retention, and lifetime value. Locally grounded but globally relevant, we aim to be the go-to revenue recovery and growth partner for businesses across emerging markets.
Destaxa
Seed Round in 2022
Destaxa is an integrated financial management platform that simplifies the tracking of business transactions for small and medium entrepreneurs. By auditing each transaction and optimizing fees, the company enhances clients' relationships with credit card machines and aids in recovering amounts due. Destaxa aims to eliminate the complexities of financial management, allowing clients to avoid cumbersome Excel spreadsheets and bureaucratic processes. Its automatic routing solutions enable merchants to work seamlessly with multiple payment acquirers and accept various payment networks, ensuring cost-efficient payment methods for each transaction. Overall, Destaxa provides a practical, safe, and efficient solution that allows entrepreneurs to focus on their core business activities with greater transparency and confidence.
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