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Money Moves: Quona Capital just launched a $322M VC fund for fintech companies

Money Moves is a column where we chart the funding raises of tech companies across the region. Have a tip? Email us at dc@technical.ly.

Quona Capital, a DC venture fund with locations worldwide, announced today that it closed its Fund III at $332 million.

The fund exceed the initial target of $250 million and was fueled by new and existing investors. Quona has already made 21 investments from Fund III, according to a statement. The firm did not respond to a request for comment by the time of publishing.

Quona primarily invests in tech companies looking to expand financial services for consumers and businesses in South and Central America, the Caribbean, India, Southeast Asia, Africa and the Middle East. It’s made 65 investments since the firm’s inception in 2015.

“Since our earliest days, Quona has been dedicated to expanding the frontiers of financial inclusion — investing with conviction in markets and technology-enabled…

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