Tagged: michael schlein

Financial Wellbeing: Accion, Mastercard to Connect Clients to Digital Financial Services

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 and Bengaluru-based Quona Capital Secures $203 Million in Commitments for Fintech Projects

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

Accion Venture Labs Says it Successfully Exits from Fintech Aye Finance

Seed stage investment company Accion Venture Lab says it has successfully exited from its investment in Fintech Aye Finance. Aye is a lender providing access to credit for Indian SMEs and micro firms. Headquartered in Gurgaon, India the company has 104 branches and claims an innovative… Read More

UAE Fintech NOW Money Receives $700,000 Investment From Accion Venture Lab & Newid Capital

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

Fintech Startup First Circle Secures $2.5 Million Investment From Global Investors For Southeast Asia Expansion

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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

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