Press Releases

• Shubham Housing attracts investment led by marquee investor Premji Invest and Helion Venture Partners & Elevar Equity

  January 23, 2018

  January 23, 2018 – Shubham Housing Development Finance Company, one of India’s leading housing finance companies providing housing loans and housing... Read more »

  Read More »

• Insurers Leverage New Technologies and Reinvent Business Models to Reach Underserved Consumers, Report Finds

  January 08, 2018

  Washington, DC – January 8, 2018 – The Center for Financial Inclusion at Accion (CFI) and the Institute of International Finance (IIF), with the... Read more »

  Read More »

• Mike Quinn of Zoona to Receive Accion’s Edward W. Claugus Award for Leadership and Innovation in Financial Inclusion

  November 16, 2017

  CAMBRIDGE, MA, November 16, 2017 – Global nonprofit and financial inclusion pioneer Accion announced today that it will award the third Edward W.... Read more »

  Read More »

• SmartMEI Secures Funding from Accion Venture Lab to Reach Underserved Micro-entrepreneurs in Brazil

  November 06, 2017

  São Paulo, Brazil, November 6, 2017 – Brazil-based fintech startup and mobile platform SmartMEI announced today that it has closed a seed funding... Read more »

  Read More »

• Financiera FAMA Closes Investment Round to Expand Access to Capital for the Underserved in Nicaragua

  October 18, 2017

  Managua, Nicaragua – October 18, 2017 – Leading Nicaraguan microfinance institution Financiera FAMA announced its latest investment round. Prominent... Read more »

  Read More »

• ESCALA Educación Secures Funding from Global Investors to Boost Savings for Higher Education in Colombia

  October 11, 2017

  Bogota, Colombia, October 11, 2017 – Colombia-based ESCALA Educación announced today that it has closed a seed funding round to increase savings for... Read more »

  Read More »

• Konfío, the leading online lending platform for MSMEs in Mexico, raised USD 10 million led by the International Financial Corporation (IFC)

  October 10, 2017

  Mexico City, October 10, 2017. Konfío, the leading online lending platform for small businesses in Mexico, has successfully raised USD 10 million in... Read more »

  Read More »

• UAE-Based Fintech Start-Up Secures $700K Investment to Advance Financial Services Access for Underserved Migrant Workers

  August 22, 2017

  Dubai, August 22, 2017 – NOW Money has secured an investment of $700,000 from two U.S.-based venture capital investors – Accion Venture Lab, the seed... Read more »

  Read More »

• New Report Details How Legacy Financial Institutions Are Deepening Financial Inclusion Through Fintech Partnerships

  July 30, 2017

  WASHINGTON, July 30, 2017 /PRNewswire/ -- The Center for Financial Inclusion at Accion (CFI) and the Institute of International Finance (... Read more »

  Read More »

• Accion Earns Coveted 4-Star Rating from Charity Navigator for Fourth Consecutive Year

  July 18, 2017

  CAMBRIDGE, Mass., July 18, 2017 -- Accion's strong financial health and commitment to accountability and transparency have earned it a 4-star rating... Read more »

  Read More »