Quona Capital invests in fintech company Sava

South African fintech company Sava has raised $2 million pre-seed funding led by Quona Capital, with participation from Breega, CRE Ventures, Ingressive Capital, RaliCap, Unicorn Growth Capital and Sherpa Ventures.

Sava is a multi-faceted expense management platform that offers unlimited virtual cards, automated accounting reconciliation, and spend management tools designed to help businesses stay on top of their finances.

The funding will enable Sava to launch its product in South Africa and Kenya, offering a needed solution for business owners to manage their spending and access affordable credit.