Accion Raises $23 Million to Invest in Startups

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  • 01 mins 06 secs
Vested's Emma Clarke reports on how nonprofit small business lender Accion has raised $23 million to invest in inclusive startups. The Accion Venture Lab Limited Partnership fund will make investments of around $500,000 to startups that leverage technology to bring underserved populations into the financial services system. TechCrunch reported that the fund is committed to making around one-third of its investments in Africa, which contains a majority of the world’s underbanked population. 

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