ACCIONAmericans for Community Co-operation in Other Nations
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Today, global nonprofit Accion announced that its seed-stage investment initiative Accion Venture Lab is adding $33M to its initial capital pool, with the launch of a new $23M fund and an additional, separate $10M investment from Accion.
The Center for Financial Inclusion at Accion (CFI) has launched an executive education program for financial service providers serving low-income communities in emerging markets.
MasterCard (NYSE :MA) and global non-profit organisation, Accion, have announced a partnership.
In a disclosure to the Philippine Stock Exchange, ISM said its executive committee had approved Accion's purchase of the company's 841.94 million treasury shares at P1.45 per share.
Once the sale is completed, Accion will own 30.07 percent of the resulting outstanding capital of ISM.
28 ( ANI ): Fintech startup SmartCoin on Wednesday announced raising funds worth USD 2 million in pre-Series A funding from a top Chinese VC fund and Accion Venture Lab.
After initial workshops in Argentina, Chile, and Mexico, Accion will select six FSPs to design, test, and implement innovations that drive usage and improve financial capabilities.
Both Accion Venture Lab and Newid Capital make investments that target the financially underserved.