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Quona Capital Announces $332 Million Fintech Venture Fund to Accelerate Financial Inclusion Investments in Emerging Markets
Quona’s Fund III had its final close at $332 million, exceeding initial target of $250 million, as the firm continues to invest in Latin America, India, Southeast Asia, Africa and MENA.
- Categories
- Finance, Technology
- Region
- Global
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A Hidden Driver of Financial Inclusion: Why Enabling Regulation is Essential to Fintech Success in Emerging Markets
Fintech innovation is jumpstarting financial inclusion around the world, driven in part by enabling regulation which allows providers to experiment with new approaches. But as Monica Brand Engel, Ganesh Rengaswamy and Jonathan Whittle at Quona Capital explain, it can be difficult for regulators to simultaneously fuel innovation, adapt to new technologies and government mandates, and protect customers. They explore what the fintech sector can learn from successful regulatory approaches in countries like Brazil and India.
- Categories
- Finance, Technology, Telecommunications
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Mexican Fintech Kapital Receives $100 Million Investment and Expands to Colombia
The Mexican fintech Kapital has arrived in Colombia to facilitate access to credit for entrepreneurs and small and medium-sized businesses.
- Categories
- Finance, Investing, Technology
- Region
- Latin America
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With $900 Million In Funding, Hong Kong Fintech Unicorn WeLab Bets Big On Indonesia
As more startups explore Indonesia’s fintech potential, WeLab’s cofounder and CEO Simon Loong believes digital banking can be a win-win game.
- Categories
- Technology
- Region
- South Asia
- Tags
- fintech
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Indonesia’s Ayoconnect Raises $13 Million Series B+ Led by SIG Venture Capital
The new funding will enable Ayoconnect to continue building out a leadership team, and to invest in product and technology development.
- Categories
- Finance
- Region
- South Asia
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Tugende Closes Pre-series B Funding Raising a Total $10 Million in Equity and Debt Transactions
Fintech platform for MSME credit and asset-financing in East Africa, Tugende has closed a pre-Series B equity funding.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Argentine Fintech Uala to Invest $150 Million on Mexico, Colombia Expansion, CEO Says
Argentina’s fintech unicorn Uala will invest $150 million over the next 18 months to boost its digital banking business.
- Categories
- Finance, Technology
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U GRO Capital Raises $5 Million in Partnership With Enabling Qapital in India
U GRO Capital, a listed entity that operates a Fintech lending platform for MSMEs (Micro, Small and Medium Enterprises).
- Region
- Asia Pacific
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