What is Accion?
Founded in 1961 and headquartered in Cambridge, Massachusetts, Accion operates as a global non-profit organization dedicated to advancing financial inclusion. The company has built a substantial legacy in microfinance and has strategically expanded its focus to encompass fintech impact investing. Accion's work involves empowering underserved populations by providing access to financial services, leveraging technology to scale its impact and foster economic development worldwide. Its long-standing presence and deep expertise position it as a leader in the field.
How much funding has Accion raised?
Accion has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Accion
PPP
Public-Private Partnership
What's next for Accion?
With a history rooted in microfinance and a forward-looking approach to fintech impact investing, Accion's recent strategic investment signals a commitment to further scaling its operations and enhancing its technological capabilities. The substantial total funding indicates a mature organization poised for significant growth and continued innovation in addressing global financial inclusion challenges. Future initiatives are likely to focus on expanding digital platforms, forging new partnerships, and deploying capital to support impactful fintech ventures that align with its mission.
See full Accion company page
