Accion Announces Close of $61.6M Second Accion Venture Lab Fund Investing in Early-Stage Inclusive Fintech
Accion Announces Close of $61.6M Second Accion Venture Lab Fund Investing in Early-Stage Inclusive Fintech
Accion today announces the final close of a $61.6 million fund that will invest in early-stage fintech companies meeting the needs of financially underserved people globally. Accion Venture Lab Fund II, LP builds on a decade-long investment strategy focused on delivering social and financial objectives through early-stage venture capital investments.
The fund closed with commitments from both existing and new investors, including commercial and impact asset managers, development finance institutions, foundations, family offices, and strategic financial service companies. Limited Partners in the fund include the Dutch…
