Konfio, an Accion Venture Lab and Accion Frontier Inclusion Fund, managed by Quona Capital, portfolio company, announced that it has raised US $235 million in Series E funding. The round, led by Lightrock, Tarsadia Capital, and QED Investors, which also featured participation from Softbank, brought Konfio’s valuation to US $1.3 billion. In this ImpactAlpha article, Accion Venture Lab and Quona Capital are mentioned as early backers of Konfio.