Indian retail intelligence platform Bizom has collaborated with global nonprofit Accion and Mastercard Center for Inclusive Growth, the philanthropic arm of Mastercard, to expand its digital consumer packaged goods (CPG) marketplace. The collaboration seeks to serve more than four million small retailers through embedded credit… Read More
Building on four years of work together to enable digital transformation among small businesses, Accion and the Mastercard Center for Inclusive Growth announced a renewal of their partnership and a sustained commitment “to improve the financial health of micro and small enterprises (MSEs) in emerging… Read More
Washington-based Quona Capital, a leading venture capital company (with additional offices in Bengaluru), has secured $203 million in commitments. The Accion Quona Inclusion Fund had initially planned to acquire $150 million in capital. The fund will mainly be focusing on Fintech projects and financial organizations… Read More
UAE-based fintech startup NOW Money announced on Tuesday it secured an investment of $700,000 from venture capital investors Accion Venture Lab and Newid Capital. NOW Money claims to be the first fintech in the Gulf region to use mobile banking technology to provide accounts, financial inclusion and a range of… Read More
Fifth Third Bank announced on Thursday an investment and expanded partnership with nonprofit small business lender network, Accion U.S. Network, to support lending to underserved small businesses in Florida, Indiana, Illinois, Michigan, and Ohio. The bank revealed that the partnership highlights its focus on championing… Read More
Philippine fintech startup First Circle announced on Wednesday investments from Accion Venture Lab, the seed-stage investment initiative of Accion, and Deep Blue VC. First Circle has now reported equity funding of $2.5 million. Investors included Accion Venture Lab, Deep Blue VC, 500 Startups, IMJ, and Key… Read More
Accion and Quona Capital announced on Monday the closing of the Accion Frontier Inclusion Fund, which both companies claim to be the world’s first global fintech fund for the underserved. The fund is managed by Quona Capital. According to the companies, the oversubscribed Fund represents $141… Read More
Chilean-based fintech startup Destacame announced the closing of its seed round of financing.The round was led by Accion Venture Lab, the seed-stage investment vehicle of Accion. Destacame describes itself as an alternative credit scoring platform that uses alternative data to assess an individual’s creditworthiness. Destacame’s proprietary… Read More
President Bill Clinton helped announce the launch of Kiva City Little Rock, an initiative that expands the availability of crowdfunded microloans for small business owners and aspiring entrepreneurs in the Little Rock area. The program reaches underserved borrowers by crowdfunding loans, connecting current and future… Read More
Crowdfund Insider is the leading news website covering the emerging global industry of disruptive finance including investment crowdfunding, Blockchain, online lending, and other forms of Fintech.
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