Press Releases

• Lidya Raises Funding to Expand Access to Capital for Underserved Small Businesses in Nigeria

  March 29, 2017

  Washington, DC – March 29, 2017 – Lidya, a leading fintech platform based in Nigeria, announced today that it has closed a US$1.25 million seed... Read more »

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• First Global Fintech Fund for the Underserved Closes with $141 Million in Capital Contributions

  March 05, 2017

  The Accion Frontier Inclusion Fund, managed by Quona Capital, invests in companies that innovate to expand access to financial services to... Read more »

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• Accion Venture Lab Marks Second Successful Exit, Driving Social and Financial Impact from Investment in Clip

  February 14, 2017

  Washington, DC, February 14, 2016 – Accion Venture Lab, the seed-stage investment initiative of financial inclusion leader Accion, announced today... Read more »

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• Fintech Start-Up Destacame Closes Seed Funding Round to Expand Access to Credit in Latin America

  January 18, 2017

  Round, led by Accion Venture Lab, will support expansion of alternative credit scoring services for the underserved Santiago, Chile, January 18,... Read more »

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• Center for Financial Inclusion at Accion, Institute of International Finance and MetLife Foundation Launch Project to Help Banking Industry Overcome Barriers to Financial Inclusion

  January 13, 2017

  Project will help mainstream financial institutions overcome barriers to reaching unserved and underserved populations with quality financial... Read more »

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• MetLife Foundation and Accion Launch Second Class of Training Program for China’s Microfinance Managers

  January 06, 2017

  Shanghai, China, January 6, 2017 – Accion, with the support of the MetLife Foundation, and in partnership with the Chinese Association of... Read more »

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• Accion Venture Lab: Fintech Lenders Leveraging Technology to Close Critical Funding Gap for Small Businesses

  November 30, 2016

  Washington, DC, November 30, 2016 – Accion Venture Lab, the seed-stage investment initiative of financial inclusion leader Accion, released a report... Read more »

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• Micro-enterprise lender AYE Finance raises Rs 70 crore in new round of funding

  November 22, 2016

  Delhi, India, November 22nd, 2016 – Delhi-based, non-banking finance company AYE Finance (AYE) has closed its Series B round of funding of... Read more »

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• FedEx to Sponsor Award-Winning Accion Program to Expand Business Training Access for Microentrepreneurs

  November 17, 2016

  Bogota, Colombia, November 17, 2016  – Accion announced today that it has received a grant from FedEx to create a digital version – and... Read more »

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• Accion Venture Lab Completes First Successful Exit in India-Based Lender Varthana, Generating Financial and Social Returns

  November 14, 2016

  Washington, DC, November 14, 2016 – Accion Venture Lab, the seed-stage investment vehicle of financial inclusion leader Accion, announced today that... Read more »

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