Fundraising Fox

Accion

Impact investoroperating company · company profile

Washington, D.C. · Seed–Series A · 22 people tracked

Also known as Accion Digital Transformation · ACCION IMPACT MANAGEMENT LLC

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Investment thesis

Accion pursues financial inclusion as a means to reduce poverty and expand opportunity for underserved populations globally. It identifies and helps build innovative companies capable of reaching large numbers of underserved people, accelerating their growth through capital investment as well as strategic governance and advisory support. Through Accion Advisory, it designs, tests, and deploys affordable digital financial products, while the Center for Financial Inclusion, an independent think tank, conducts research on consumer protection, women's economic inclusion, data risks and opportunities, and climate change to advance responsible financial systems.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Series A
Check
$1M
HQ
Washington, D.C., DC, US
Leads rounds
Follows
Instruments
Equity
Founded
1961
Last 12 months
1 investment
AUM
$262.2M
Tracked investments
72

Team · 22 people

from the firm's website & curated & public directories
Paolo Limcaoco· Principalin
Erika Eurkus· Vice President, Resource Development

Leads fundraising and resource development at Accion.

Megan Peterson· Senior Director, Communications

Senior communications director and website contact for Accion.

7 people who came through Accion went on to found or lead other companies.

+ 1 more

What they invest in

from 56 of 72 portfolio companies

Fintech ×45SaaS ×16Impact & Social Good ×11AgTech ×7B2B Marketplaces ×7Enterprise Software ×7AI & Machine Learning ×6Consumer ×5

HQs:India×10United States×6Indonesia×4Colombia×3Mexico×3Philippines×3

Who they back

founder profiles across 16 portfolio companies
69%
solo founders
11 of 16 mapped founding teams
70%
repeat founders
of 10 founders with career history

Founding team size:solo founder×112 founders×23 founders×14+ founders×2

Where their founders studiedfrom 10 founders with education data

Universidad de 'San Andrés'​ ×3

Investments · 72 tracked

founders shown can be your intro path

By year:2025 · 22024 · 32020 · 12015 · 17 dated

1st Valley Bank1stvalleybank.com.ph
Accion Microfinance Bankaccionmfb.comin𝕏

Accion Microfinance Bank is a Central Bank of Nigeria-licensed microfinance bank offering loans, savings plans, digital credit, and payment solutions through branches, agents, and its Accion Monie mobile app.

FintechImpact & Social Good

Advanceadvance.phin

Advance provides working capital credit lines and disbursement solutions to help businesses maintain cash flow, along with financial wellness products aimed at supporting employees' financial security.

Fintech

Co-investorsIntegra PartnersKaya FoundersNext Billion Capital PartnersOyster VenturesFoxmont Capital Partners

Agrimagrim.appin

Agrim operates a B2B wholesale platform connecting retailers with suppliers for agricultural inputs and related goods.

AgTechB2B MarketplacesE-commerceGurugram, IN

Co-investorsCapria VenturesIndia QuotientKalaari CapitalTrifecta Capital AdvisorsOmnivore

Agrizyagrizy.in

Vicky Dodani(Founder)in

Co-investorsAnkur CapitalCapria Ventures

Amarthaamartha.comin𝕏

Amartha is an Indonesian digital financial services platform that provides working capital financing to women-run rural micro-businesses (MSMEs) and offers impact-oriented investment products to individuals and institutions.

FintechImpact & Social GoodMarketplaces

Andi Taufan Garuda Putra(Founder & CEO)in

Co-investorsLendableMandiri Capital IndonesiaZ Venture CapitalBEENEXT

Annapurna Financeannapurnafinance.inin

Annapurna Finance is a microfinance and non-banking financial company serving economically weaker and underbanked populations in India with doorstep credit products.

FintechImpact & Social GoodBhubaneswar, IN

Co-investorsIncofin Investment ManagementOikocreditProparco

Apollo Agricultureapolloagriculture.com

Apollo Agriculture provides small-scale farmers with farming inputs, financing, insurance, and training to help them run more profitable agribusinesses.

AgTechAI & Machine LearningFintechImpact & Social GoodOakland, US

Earl Joseph St. Sauver(Director)Eli John Pollak(Executive Officer, Director)Eli Pollak(Co-founder & CEO)inBenjamin Njenga(CCO & Co-Founder)inEarl St Sauver(Co-founder)

BoardSeth Todd Silverman(Director)

Co-investorsAnthemis VentureCeniarthCommunitas Capital PartnersEndeavor CatalystEquatorSoftBank Vision Fund+5 more

Aquaexchangeaquaexchange.comin

AquaExchange builds IoT devices and an app for shrimp and aquaculture farmers, including automated pond feeders, aerator and pump controllers, water quality monitors, and AI-based tools for shrimp counting and pathogen detection.

AgTechAI & Machine LearningIoT

Pavan Kosaraju(Co-founder & CEO)in

Co-investorsEndiya Partners

Bababosbababos.com

Indonesian B2B supply chain platform offering flexible credit terms to SME manufacturers.

Co-investorsPatamar CapitalAccion Venture LabEast Ventures

Banco Contactarbancocontactar.comin𝕏Nov 2024

Banco Contactar is a Colombian bank offering microcredit, investment products, and business strengthening programs with technical advisory and financing to support financial inclusion and the growth of urban and rural businesses.

FintechImpact & Social Good

Co-investorsGlobal Partnerships

BancoSolbancosol.com.boin

BancoSol is a Bolivian bank offering banking products and services for individuals and businesses, including a mobile app (appSol), a network of branches, Sol Amigo points and ATMs.

Fintech

Careficarefi.inin

CareFi provides software to help hospitals manage and optimize their insurance revenue, offering tools to analyze and improve reimbursement decisions.

FintechHealthtechInsurTechGurgaon, IN

Vikrant Agrawal(Founder)

Co-investorsJuly VenturesPeak XV PartnersTrifecta Capital Advisors

Cashinvoicecashinvoice.inin𝕏

Cashinvoice is a supply chain finance platform that digitizes invoice-to-cash processes, offering supplier financing (PayEarly) and channel financing (TradEasy) products to connect corporations with financiers and optimize working capital.

FintechLogistics & Supply ChainSaaS

Co-investorsAccion Venture LabPravega Ventures

Castiacastia.cominDefunct

A rent payment platform serving Latin American tenants and landlords that provides rewards, flexible payment options, credit-building features, and savings programs tied to housing payments.

FintechPropTechBogotá, CO

Mauricio Peñaranda(Founder)inNicolas Penaranda(Founder)inEduardo Restrepo(Founder)in

Co-investorsMetaProp VenturesY CombinatorLatitud VenturesMetaProp

Channel19channel19.ioin

Fremont, US

Tony Singh(Founder)inChris Pickett(Executive Officer, Director)Duane Moore(Executive Officer, Director)Yugrail Singh(Executive Officer, Director)

Co-investorsOverton Venture CapitalTMVAccion Venture LabAugment VenturesREFASHIOND Ventures

Clippayclip.comin𝕏

Clip provides businesses with payment and point-of-sale technology, including tools like POS systems and inventory management, to help them accept digital payments and digitize their operations.

FintechRetail TechSaaS

Co-investorsRPS VenturesAlta VenturesAngel Ventures MexicoEndeavor CatalystSierra Ventures

CodaPaycodapay.net
Community Investment Managementcim-llc.com

CIM is an investment management firm focused on lending and asset management with fintech expertise, serving clients through investment strategies that include emerging markets and impact investing.

Enterprise SoftwareFintechImpact & Social GoodSan Francisco, US

Jacob Haar(Co-Founder and Managing Partner)Michael Hokenson(Co-Founder and Partner)Vivek Krishnappa(Chief Operating Officer)Dryden Liddle(General Counsel, Chief Compliance Officer)

Co-investorsAHL Venture PartnersBlue Haven InitiativeSilicon ValleyCostanoa Ventures

CreditMantricreditmantri.comin𝕏

CreditMantri is an Indian fintech platform that lets consumers check their credit score and offers a "CreditFit" program to improve their credit profile and become eligible for loans.

ConsumerFintechChennai, IN

Gowri Thyagarajan Mukherjee(Founder)Ranjit Punja(Founder)

Co-investorsQuona CapitalTrifecta Capital AdvisorsAccion Venture LabElevar EquityIDG Ventures India

CredRightcredright.com
DemystDatademystdata.comin𝕏
Destacamedestacame.clin

Destácame operates a free web platform where consumers in Chile can view their debt reports (CMF debt report and commercial report), track their financial health, and access discounts to settle overdue debts as well as pre-approved credit offers.

ConsumerFintechSaaS

Augusto Ruiz-Tagle(Founder)in

Co-investorsCapria VenturesAccion Venture LabFen VenturesKayyak Ventures

Dvaradvarakgfs.com

Co-investorsCreation Investments Capital Management

Dvara Solutionsdvarasolutions.comin𝕏

Dvara Solutions offers Perdix, a platform that digitizes customer-facing processes for financial institutions, automating their operations to serve customers more cost-effectively.

Enterprise SoftwareFintechSaaS

Early Dawndawn.com.mmin

Early Dawn Microfinance Company Limited (DAWN) is a microfinance institution in Myanmar that provides loans and financial services to microentrepreneurs and small business owners with limited access to formal banking.

FintechImpact & Social Good

Fairbancfairbanc.app

Fairbanc runs a mobile lending and payments service that extends credit lines without requiring collateral or a prior credit file.

ConsumerFintech

Mir Haque(Founder)inKevin OBrien

Co-investors500 GlobalADB VenturesOak Drive venturesThe MBA FundVertex Ventures Sea Management Pte. Ltd.Accion Venture Lab+1 more

Field Intelligencefield.inc𝕏

Field is a technology company that makes pharmaceutical supply chains simpler and more affordable, serving healthcare providers from large health systems to small drug shops.

Digital HealthHealthtechImpact & Social GoodLogistics & Supply ChainMarietta, US

Justin Lorenzon(Executive Officer, Director)Michael Moreland(Executive Officer, Director)Lauren Cochran(Director)

Co-investorsNewtown PartnersAccion Venture LabBlue Haven Initiative

Financiera FAMAfinancierafama.com.niin𝕏

FAMA S.A. is a Nicaraguan microfinance institution offering microloans from US$50 up to US$10,000 with customized terms and debtor balance insurance, aimed at micro-enterprises and MSMEs.

FintechImpact & Social Good

Finfrafinfra.io

FINFRA provides embedded finance infrastructure and APIs that let non-financial technology companies offer credit products such as invoice financing, payroll financing, working capital loans, and point-of-sale lending to their customers.

Data & InfrastructureFintechSaaS

Co-investorsBADideas.fundFirstpickZ Venture CapitalCento VenturesHustle Fund

First Circlefirstcircle.phin𝕏Oct 2024 · $7M

First Circle provides business credit lines, loans, and free payment and bank accounts to small and medium-sized businesses in the Philippines.

Enterprise SoftwareFintechTaguig, PH

Patrick Lynch(Founder)Jorrit Koop

Co-investors500 GlobalInsignia Ventures PartnersVenturraEndeavor CatalystFasanara CapitalIFC+1 more

Flex Financeflexfinance.aiin𝕏

Flex Finance provides a spend management platform that enables businesses to manage spending across mobile, web, and corporate cards in Africa.

Enterprise SoftwareFintechSaaS

ANTHONY ADEGBEMIAbiodun KoladeOmoyeni O'Tochukwu OnuchukwuYemi Olulana

Co-investors500 GlobalAjim CapitalBoro CapitalChui VenturesExpert DOJOLoftyInc Capital

FlexiLoansflexiloans.comin𝕏Jun 2025

FlexiLoans, the trade name of RBI-registered NBFC Epimoney Private Limited, provides collateral-free business loans with minimal paperwork to traders, retailers, service providers, and manufacturers.

FintechSaaS

Ritesh Jain(Founder)inDeepak Jain(Founder)inManish Lunia(Founder)in

Co-investorsFundamentum

Flowcartflowcart.aiin𝕏

Flowcart provides AI agents and an in-chat checkout that let e-commerce shoppers browse, add to cart, and pay entirely within WhatsApp, plus tools for cart recovery, winback, upsells, loyalty, and broadcasts.

AI & Machine LearningE-commerceSaaS

Co-investorsEQ2 VenturesNairobi Business Angel Network

foyerfoyersavings.comin

Foyer is a mobile app that helps first-time homebuyers save for a down payment through a high-yield account with deposit boosts, optimize their credit, compare mortgage lenders, and find homebuyer assistance programs.

ConsumerFintechPropTech

Co-investorsClocktower VenturesHomeTeam VenturesResilienceVC

FtCashftcash.comin𝕏

ftcash provides collateral-free short-term unsecured business loans of up to ₹25 lakhs to small businesses and micro-merchants in India.

Fintech

Vaibhav Lodha(Founder)inDeepak KothariSanjeev Chandak(CEO)

Co-investors500 GlobalIvyCap VenturesTracxn labs

Goodfyndgoodfynd.comin𝕏Dec 2020

Goodfynd provides marketing, payments, and management software built for food trucks and mobile food vendors, helping them handle employees, schedules, events, and customer growth.

FintechFoodTechSaaSBrooklyn, US

Sofiat Abdulrazaaq(Executive Officer, Director)

Co-investorsAperture Venture CapitalBlack Tech Nation VenturesLighthouse Network Ventures LlcThe Artemis FundValor Ventures

GrupoR5grupor5.comin𝕏

R5 offers an online platform and mobile app for buying SOAT (mandatory vehicle insurance) and managing vehicle ownership tasks such as tracking pico y placa restrictions and document expiration dates.

FintechInsurTechMobility & Transportation

Co-investorsCarao VenturesMagma Partners

HENRYsoyhenry.comin𝕏

Henry is a coding bootcamp offering intensive online programs in full-stack development, data science, data engineering, and AI automation for learners seeking employment in technology.

AI & Machine LearningEdTechEnterprise SoftwareHR TechBuenos Aires, AR

Martin Borchardt(Founder)inManuel Barna Ferrés(Founder)inLuz Borchardt(Founder)inLeonardo Maglia(Founder)inManuel Barna(Founder)in

Co-investorsDila CapitalEmles Venture PartnersKayyak VenturesMyelin VCNorte VenturesSquareOne Capital+2 more

Ikffinanceikffinance.comin

IKF Finance is an Indian non-banking finance company that provides loans to entrepreneurs and vehicle owners, offering vehicle financing and other credit products.

Fintech

Co-investorsNorwest Venture Partners

Jeittojeitto.com.br
Khanzakhazna.app

Riyadh, SA

Omar Salah(Founder)

Co-investorsKhwarizmi VenturesQuona CapitalShorooq PartnersAlgebra Ventures

Konfiokonfio.mxin𝕏

Konfío is a Mexican financial services company operating as a non-regulated multiple-purpose financial entity (SOFOM), providing lending and financial products supervised by Mexico's National Banking and Securities Commission.

FintechGrand Cayman, MX

Francisco Padilla(Executive Officer, Director)David Arana(Executive Officer, Director)

Co-investors500 GlobalFaraIGNIAKaszek VenturesLightrockQuona Capital+5 more

Kopo Kopokopokopo.comin𝕏Oct 2015

Kopo Kopo provides digital payment acceptance tools for businesses, including Lipa Na Mpesa till numbers, an online portal for transaction visibility, bulk payment solutions, and business cash advances for working capital and credit.

FintechSaaSNairobi, KE

Benjamin Lyon(Executive Officer, Director)Mark Straub(Director)Dylan Higgins(Also Chairman of the Board)

BoardNoah Doyle(Director)in

Co-investorsJavelin Venture Partners

Kuundakuunda.comin

Kuunda provides liquidity solutions and credit access for agents, small businesses, and consumers in emerging economies across Africa and Asia.

B2B MarketplacesFintechImpact & Social GoodSaaS

Co-investorsAccion Venture Lab4Di CapitalE4E AfricaFINCA VenturesSeedstarsFuture Africa

Lamilami.worldin𝕏

Lami is a digital insurance platform for insurance agents and brokers to onboard customers, compare quotes from multiple underwriters, sell products (auto, health, life, and more), and process payments, renewals, and claims.

FintechInsurTechSaaS

Co-investorsA15Chui VenturesConsonance Investment ManagersP1 VenturesNewtown Partners

Licifylicify.co

Co-investorsBrick Mortar VenturesLatitud Ventures

Losandeslosandes.pe𝕏

Caja Rural de Ahorro y Crédito Los Andes is a Peruvian rural savings and credit institution offering financial products such as agricultural and SME loans, insurance, and other services aimed at promoting financial inclusion.

Fintech

Lulalula.co.zain

Lula provides business funding to South African SMEs, offering a revolving Cash Flow Facility and Fixed-Term Funding of up to R5 million, plus Lulapay trade credit that pays suppliers instantly while giving buyers up to six months to pay.

FintechSaaS

Co-investorsGreen Circle Foodtech VenturesNZVCOutlander VCUP Partners

Magmamagmagroup.inin𝕏

Magma Group provides backend industrial operations services across procurement, materials sourcing, engineering execution, circular recovery, and lifecycle management for factories and manufacturers.

Advanced ManufacturingB2B MarketplacesLogistics & Supply Chain

Co-investorsCapria VenturesGVFL Ltd.Hashkey CapitalPuzzle VenturesSevenX Ventures

Moffinmoffin.mxinJun 2024

Moffin is a data integration platform that helps financial institutions, fintech companies, insurers, and other organizations consolidate fragmented data sources to make faster and more confident risk and credit decisions.

Data & InfrastructureEnterprise SoftwareFintechMexico City, MX

Nicholas Yepes(Cofounder & CEO)inSantiago Aceves(Cofounder & CPO)inVictor Diaz(Cofounder & CTO)inVictor Agustin Diaz Mendez(Executive Officer, Director)Jorge Santiago Aceves Cardenas(Executive Officer, Director)

BoardSergio Almaguer(Director)

Co-investorsDigital Currency GroupNew Ventures CapitalAccion Venture LabAngelHub

MyRobinmyrobin.id

MyRobin is an Indonesian platform focused on staff recruitment and workforce management, helping businesses hire and manage workers more efficiently.

B2B MarketplacesFuture of WorkHR Tech

Co-investorsAccion Venture LabSeedstarsSOSVVulpes Investment Management

Northern Arcnorthernarc.com
Olyvolyv.in
OneLotonelot.phNov 2025 · $3.3M

OneLot provides inventory financing loans to used car dealerships, lending up to 80% of a vehicle's value with repayment upon sale.

B2B MarketplacesFintechMobility & TransportationSaaSMakati, PH

Harm-Julian Schumacher(Founder)in

Co-investorsKaya Founders468 CapitalCrestone Venture CapitalEverywhere VenturesSeedstars

PaidHRpaidhr.comin𝕏

PaidHR offers a payroll product as part of an HR platform for managing employee compensation and payments.

FintechHR TechSaaS

Co-investorsExpert DOJOMicrotractionAccion Venture LabChui VenturesZedcrest Capital

Prayaanprayaancapital.com

Madhan Mohan(Founder)in

Co-investorsPeak XV Partners

Pulapula-advisors.comin𝕏

Pula Advisors provides index-based and indemnity-based agricultural insurance and data solutions that protect smallholder farmers and pastoralists against climate risks, with tools for yield-based payouts, EUDR export traceability, and geospatial farm analytics.

AgTechClimate TechInsurTech

Co-investorsMulago FoundationTLcom CapitalBill & Melinda Gates FoundationIFC

Salud Facilsaludfacil.orgin

SaludFácil provides financing for healthcare professionals to acquire medical equipment and to equip or renovate hospitals, clinics, and practices.

FintechHealthtech

Co-investorsHi Ventures

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Accion made?
Accion has 70 tracked investments, including 4 dated in the last 24 months.
What stage does Accion invest at?
Accion invests at the Seed, Series A stages.
What is Accion's typical check size?
Accion typically writes checks of $1M.
What sectors does Accion focus on?
Accion focuses on Climate Tech, Fintech, Impact & Social Good.
Where is Accion located?
Accion is headquartered in Washington, D.C., US.
Does Accion lead rounds?
Accion typically participates in rounds rather than leading them.
Who does Accion co-invest with?
Accion most often shares deals with Capria Ventures, 500 Global, Peak XV Partners, among 111 tracked co-investors.

From the blog

visit blog ↗

Accion has published about solutions addressing financial inclusion gaps: a supply-chain financing platform for India's MSMEs, embedded credit for women retailers in Ethiopia, and a data infrastructure platform for faster lending in Latin America. AI summary

Media · Podcasts & interviews

featuring the team

E14: Matt Schaar, Aerospace Engineer turned Fintech Investor, VP and Partner at Accion Venture Lab

MPods · Matt Schaar

Accion CEO Michael Schlein | Web Summit Qatar talk

Accion · Michael Schlein

#newtovc Interview Series Matt Schaar of Accion

Brooklyn Bridge Ventures · Matt Schaar

WDR 2022 Video | Michael Schlein: President & CEO of Accion

World Bank Group · Michael Schlein · worldbank.org

Webinar: Building for the Growers

Accion

Women farmers grow sustainably with green asset finance

Accion

Images

Accion photoAccion photoAccion photoAccion photoAccion photoAccion photo

Co-investors · 4

Anthemis Venture

Anthemis is an investment firm focused on the digital economy, backing companies that reshape financial services and the broader economy for wider benefit.

Both backed · 1
$500K – $7M
Brick Mortar Ventures

Brick & Mortar Ventures is a venture capital firm founded in 2015 that invests in early-stage startups building technology for the architecture, engineering, construction (AEC) and facilities management industries.

Both backed · 1
Licify
Alpaca VC

Alpaca VC is a venture capital firm that invests early and supports companies over the long term, focused on what it calls the Aquarius Economy.

$500K – $1.3M
Finch Capital

Finch Capital is a European growth capital investor backing B2B business and financial technology software companies, providing capital and hands-on support across go-to-market, hiring, performance management, M&A and exit planning.

$5.4M – $16.2M

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