DeepNewz
May 15, 07:11 AM
Accion, IFC Launch $152.5M Fund to Support Small Businesses Globally

Accion, IFC Launch $152.5M Fund to Support Small Businesses Globally

Authors
  • TechCrunch
  • IFC
  • Infosec Alevski πŸ’»πŸ•΅οΈβ€β™‚οΈ
5
Tech

Accion, a global nonprofit, has launched a $152.5 million fund named Accion Digital Transformation Fund to support large financial institutions serving small businesses worldwide. The fund aims to invest $12-15 million in 10-12 companies across Latin America, South and Southeast Asia, and Africa. IFC is also part of this initiative.

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