What is Accion?
Founded in 1961, Accion operates as a global non-profit entity dedicated to advancing financial inclusion. The organization has established a strong presence in microfinance and fintech impact investing, providing essential financial services and support to underserved populations worldwide. Headquartered in Cambridge, Massachusetts, Accion leverages its extensive experience to drive innovation and expand access to capital, fostering economic empowerment through its various initiatives and investments.
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?
The recent strategic investment signals Accion's readiness for its next phase of growth and operational scaling. As a large-scale late-stage funding event, this capital is expected to fuel the expansion of its fintech solutions and deepen its impact investing capabilities. Accion is poised to further its mission of creating economic opportunities by enhancing its global reach and developing innovative financial tools for emerging markets, solidifying its position as a leader in the impact finance landscape.
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