Global impact investor Accion has closed its second early-stage fund, raising $61.6 million, with a pronounced focus on promoting financial inclusion through fintech innovation.
The fund is under the Accion Venture Lab (now rebranded as Accion Ventures) initiative, aimed at supporting early-stage fintech startups serving underserved populations globally.
Notably, the fund is committed to allocate 30% of its capital to Indian startups. Previous investments made by Accion Venture Lab in India include ventures like Aye Finance (MSME lending), Olyv…

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