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Accion is a global nonprofit focused on financial inclusion. It works by catalyzing financial service providers to deliver affordable, high-quality services at scale for the billions who are left out or underserved by the financial system. Rather than selling a single product, Accion supports microfinance institutions, fintech lenders, and other partners through funding, technical assistance, research, and ecosystem-building to reach customers with digital and traditional financial services. What sets Accion apart is its long-standing track record (60 years), its large network of over 170 partners in 55 countries, and its emphasis on both microfinance and fintech impact investing to build an inclusive financial system. The organization’s goal is to create a financially inclusive world where everyone has access to appropriate financial tools and services.
Industries
Fintech
Social Impact
Financial Services
Company Size
501-1,000
Company Stage
N/A
Total Funding
$764.9M
Headquarters
Washington DC, District of Columbia
Founded
1961
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Fintech for Inclusion Global Summit gathers inclusive finance ecosystem in London on September 2. 04 Aug 2026 * Conference will showcase innovative startups using AI, cross-border payments, insurtech, and other technologies to help reach financially underserved populations in emerging markets * Speakers to include Matt Oppenheimer (Co-Founder and Chairman of Remitly), Bunita Sawhney (Chief Consumer Product Officer at Mastercard), Eimear Creaven (President, Global Partnerships at Mastercard), and TS Anil (Vice Chair of Monzo) London, August 4, 2026 - Accion Ventures, the Mastercard Center for Inclusive Growth, and the Dutch entrepreneurial development bank FMO, today announced the Fintech for Inclusion Global Summit will take place in London on Wednesday, September 2. The summit will bring together over 250 attendees from 30 countries, representing startup founders, investors, regulators, and other stakeholders in the global inclusive fintech community who are building new solutions for financially underserved small business clients. Globally, 1.3 billion people[1] are excluded from the financial system, and micro, small and medium enterprises (MSMEs) face a $5.7 trillion financing gap[2]. Without access to financing, savings, and insurance, these populations may be unable to improve their livelihoods, grow their businesses, or plan for the future. Amee Parbhoo, Managing Partner of Accion Ventures, said, "We are bringing this group of fintech innovators together in London, one of the world's most dynamic financial capitals, to explore new ways of expanding access to high-quality financial solutions for underserved clients globally. Discussions will focus on the forces reshaping the industry, from AI in fintech to cross-border payments, helping to forge partnerships that aim to advance financial inclusion." The event will spotlight founders who are driving inclusive innovation and shaping the future of affordable, technology-enabled services. From connecting small business owners in Brazil to affordable credit so they can purchase surplus inventory from major brands and reduce textile waste, to deploying AI so small hospitals in India can digitize their operations and focus on providing high-quality patient care, they are solving pain points for small businesses and the people they serve across emerging economies. "This convening coalesces the ideas, expertise, and partnerships needed to expand meaningful uptake and usage of financial services and opportunities for underserved individuals and small businesses around the world," said Payal Dalal, Executive Vice President of Global Programs at the Mastercard Center for Inclusive Growth. "As part of our commitment to connect and protect 500 million individuals and small businesses on their journey to financial health by 2030, forums like these bring us alongside partners that have a shared vision to advancing financial health through innovation, collaboration, and responsible growth. We are proud to continue our longstanding partnership with Accion to turn that vision into action." Marieke Roestenberg, Manager of FMO Ventures, added, "We're pleased to once again co-host this important convening with Accion Ventures, in partnership with the Mastercard Center for Inclusive Growth. This year's programming, with a focus on AI and MSME resilience, comes at a critical moment for the industry, and the caliber of founders, investors, and operators in the room makes this one of the most effective gatherings of its kind for advancing inclusive fintech." Accion Ventures organizes the Fintech for Inclusion Global Summit as part of its work to grow and scale responsible fintech solutions for underserved individuals and small businesses globally. Since 2012, Accion Ventures has deployed capital into 80 early-stage startups that operate in over 30 countries, delivering both social and financial objectives. With its global team, it provides hands on strategic and operational support that is critical to the success of early-stage companies, while quickly spotting and responding to global trends, and sharing learnings across geographies. Speakers at the Fintech for Inclusion Global Summit will include Matt Oppenheimer, Co-Founder and Chairman of Remitly, Bunita Sawhney, Chief Consumer Product Officer at Mastercard, Eimear Creaven, President, Global Partnerships at Mastercard, and TS Anil, Vice Chair of Monzo. For more information on speakers and tickets, see www.fintechforinclusionsummit.com. About Accion Ventures Accion Ventures is an investment strategy that today pursues early-stage investments as part of Accion Impact Management. Accion Ventures deploys capital into early-stage fintech startups that operate in countries worldwide. Investments managed by Accion Ventures have shown that early-stage companies can be highly impactful and have delivered multiple exits. More at https://www.accion.org/ventures About Mastercard Center for Inclusive Growth The Mastercard Center for Inclusive Growth advances equitable and sustainable economic growth and financial inclusion around the world. The Center leverages the company's core assets and competencies, including data insights, expertise, and technology, while administering the philanthropic Mastercard Impact Fund, to produce independent research, scale global programs, and empower a community of thinkers, leaders, and doers on the front lines of inclusive growth. For more information and to receive its latest insights, follow the Center on LinkedIn, Instagram and subscribe to its newsletter. About FMO FMO is the Dutch entrepreneurial development bank. As a leading impact investor, FMO supports sustainable private sector growth in developing countries and emerging markets by investing in ambitious projects and entrepreneurs. Through FMO Ventures, its early-stage investment program, FMO invests in innovative and impactful technology-enabled businesses and venture capital funds across Africa and emerging Asia. The program focuses primarily on fintech, agritech and cleantech companies that drive financial inclusion, improve livelihoods and contribute to sustainable economic development in underserved markets. More at www.fmo.nl/ventures-program About Matt Openheimer Matt Oppenheimer co-founded Remitly in 2011 and serves as Chairman of the board of directors. Prior to co-founding Remitly, Matt worked for Barclays plc, a multinational bank and financial services company, from August 2009 to May 2011. He has served on the board of directors of BECU since 2018. Matt was named EY Entrepreneur of the Year 2016 in the Pacific Northwest and has been recognized as a Puget Sound Business Journal "40 Under 40" honoree for his work with Remitly. He holds an M.B.A. from Harvard Business School and a B.A. in Psychology from Dartmouth College. About Bunita Sawhney Bunita Sawhney is the Chief Consumer Product Officer at Mastercard and a member of the company's management committee. She oversees all consumer and issuer product offerings, including the company's credit, debit and prepaid products, and ESG product innovations. At Mastercard, Bunita was previously the executive vice president of U.S. Financial Institutions, and also led the company's Global Debit & ATM Products business. Prior to joining Mastercard in 2016, she held various management positions at HSBC, JPMorgan Chase, Citibank, and Wells Fargo Bank. Bunita holds a master's degree in strategic communications from Columbia University and a bachelor's degree in business administration from the Walter A. Haas School of Business at the University of California, Berkeley. About Eimear Creaven Eimear Creaven is President, Global Partnerships and a member of the company's management committee. In this role, Eimear is responsible for driving Mastercard's efforts around revenue diversification and secular growth through innovation and co-creation with global banking, fintech, and digital marketplace and platform partners. At Mastercard, Eimear previously held a series of senior positions spanning over a decade, including Division President for Western Europe, leadership roles within the U.K. and Ireland and European Market Development teams, and Chief of Staff to the President of International Markets. Prior to joining Mastercard, Eimear was a Director with Alvarez & Marsal, and held various roles with Allied Irish Banks. Eimear holds a Bachelor of Commerce degree from the National University of Ireland, Galway, and an MBA from INSEAD in France and Singapore. About TS Anil TS Anil is the Vice Chair of the board and was until recently Group CEO at Monzo, the largest digital bank in the UK. He worked across the financial services, banking, and payments industry with Visa, Citi, Capital One, and Standard Chartered, before finally reaching Monzo. Monzo has grown to over 15 million customers in the UK and recently obtained a banking license from the European Central Bank and the Central Bank of Ireland. He has lived and worked in several countries.
Center for Financial Inclusion at Accion and host partner GFTN to bring Responsible Finance Forum to Singapore (November 13-15). Global leaders in finance and regulation to discuss balancing innovation and impact for better consumer outcomes 03 May 2026 WASHINGTON, DC, May 4, 2026 - The Center for Financial Inclusion (CFI) will convene global policymakers, regulators, financial service providers, investors, researchers, and consumer advocates in Singapore on November 13-15, 2026, for the Responsible Finance Forum (RFF) 2026, hosted in partnership with the Singapore-based Global Finance & Technology Network (GFTN). Convened since 2022 by CFI, the RFF tackles pressing issues at the intersection of responsible inclusive finance and consumer protection in a rapidly evolving digital world. This year, the RFF will examine how rapidly emerging technologies when designed, deployed, and governed responsibly can help advance financial health, as artificial intelligence (AI) and digital innovation continue to reshape financial services. The discussions will explore how all actors can better work together to ensure innovation delivers better outcomes for clients, and especially low-income consumers. Research has shown that escalating fraud and scams, rising levels of over-indebtedness, and opaque uses of AI are negatively impacting people's trust in financial services, affecting their financial health and resilience. "Innovation in finance, driven by technology, holds enormous potential to reach people who are left out or poorly served by the financial system," explains CFI's Managing Director Nataša Goronja. "But strong safeguards are needed to avoid harming consumers and eroding their trust, particularly for those who may be accessing the formal financial system for the first time. By partnering with GFTN to bring the Responsible Finance Forum to Singapore, we are convening leaders from the finance and technology sectors in a premier global finance hub. Our sessions will discuss how best to design and deliver financial services using the latest technologies, and develop strong guardrails and policies to help improve the financial health of individuals and households." "As the global financial system undergoes profound transformation, the Responsible Finance Forum plays a vital role in ensuring innovation advances with responsibility. During the Singapore FinTech Festival, we are bringing together the stakeholders shaping the future of finance, because at GFTN, we believe technology, policy and capital must align to build inclusive, trusted financial systems that deliver better outcomes for all," said Pat Patel, Chief Executive Officer, GFTN (USA, LATAM, MEA), adding, "RFF 2026 provides a vital platform to ensure that innovation is not only transformative, but also inclusive, accountable and resilient." Additional details on the agenda, speakers, and participation will be announced later this year. For updates, please visit the website and sign up here for RFF's newsletter. About the Center for Financial Inclusion at Accion The Center for Financial Inclusion (CFI) is an independent think tank that uses rigorous research and advocacy to advance inclusive financial systems for low-income people around the world. Accion work to advance inclusive financial services for the billions of people who currently lack the financial tools needed to improve their lives and prosper. Accion leverage partnerships to conduct rigorous research and test promising solutions and advocate for evidence-based change. For more information, please visit www.centerforfinancialinclusion.org. About the Global Finance & Technology Network (GFTN) Global Finance & Technology Network (GFTN) is a Singapore-headquartered not-for-profit organisation established by the Monetary Authority of Singapore (MAS) in 2024. With offices in Tokyo and Berlin, GFTN's mission is to bridge policy, capital, and technology to build financial systems that are resilient, efficient, and inclusive. GFTN operates through its commercial subsidiaries, GFTN Services and GFTN Capital. GFTN Services, through GFTN Connect, hosts global forums across five continents that bring together market makers and policymakers from over 130 countries, and GFTN Solutions offers comprehensive advisory, technology solutions, and capacity building to governments and the private sector. GFTN Capital will be a venture capital firm investing in growth-stage FinTechs globally. For more information, please visit www.gftn.co. ### Press Contact: Thessa Mooij Director, Public Relations, Accion [email protected] +1 917.631.2518
Agrim, an India-based agri-inputs platform, has raised $17.3 million in Series B funding led by Asia Impact Fund, with participation from existing investors Kalaari Capital, India Quotient, Omnivore and Accion Venture Labs. Founded in 2020 by Mukul Garg and Avi Jain, Agrim operates in India's $50 billion agri-inputs sector, providing seeds, crop protection products, agro-tools and fertilisers. Since its Series A round in 2022, the platform has grown to serve over 15 million farmers with a portfolio exceeding 30,000 SKUs. The company's retailer-focused app supports over 25,000 retailers across more than 2,000 cities in 27 states. Agrim has partnered with 1,200 manufacturers and expanded its product offerings by over 6,000 items in recent years.
BackChannel, a Brazilian B2B marketplace for excess inventory, has raised R$25 million in a seed round led by Sunna Ventures, with participation from Positive Ventures, SC Latam Innovation Fund and others. The startup connects major brands with retailers to help clear unsold stock. Founded by Guillermo Arslanian and Guillermo Freire, who previously built Trocafone to R$400 million in annual revenue, BackChannel uses AI for intelligent matching and dynamic pricing. The platform takes a 12% commission and currently has 50 brands and 3,000 buyer retailers, with over 2 million items listed. After reaching R$25 million in marketplace volume in 2025, BackChannel aims for R$150 million this year. The funding will support commercial expansion, AI development and launching embedded finance services for buyers.
Gangkhar raises $4.25 million. Gangkhar, an embedded protection infrastructure platform, announced the successful closing of its $4.25 million seed round, led by Anthemis with participation from Accion Ventures, Sancor Ventures, Seedstars, EWA Capital and Simma Capital. Founded in 2025 and led by former Chubb employee Federico Spagnoli, Gangkhar is building a global embedded insurance orchestration platform that enables capacity providers and digital platforms to configure, deploy, and optimize embedded protection across regions. "This seed round brings together exactly the type of partners we wanted to build with. From global fintech expertise to emerging-market scale and carrier-side insight, this investor group strengthens our ability to execute at scale." - Federico Spagnoli, CEO at Gangkhar. "Gangkhar is building foundational infrastructure for the future of embedded and AI-native protection. Their platform addresses a critical gap in how protection products are designed, distributed, and optimized globally. We're excited to support the team as they scale across markets and deepen partnerships with carriers and distributors." - Marin Cauvas, Partner at Anthemis. "Gangkhar's infrastructure helps strengthen financial resilience in Latin America by enabling platforms to embed affordable, contextual insurance in existing customer journeys. By reducing friction and cost, the company unlocks new channels for the distribution of insurance, helping close the region's $300 billion protection gap and strengthening financial stability for underserved populations." - Amee Parbhoo, Managing Partner of Accion Ventures. Get coverager to your inbox. A really good email covering top news.
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Industries
Fintech
Social Impact
Financial Services
Company Size
501-1,000
Company Stage
N/A
Total Funding
$764.9M
Headquarters
Washington DC, District of Columbia
Founded
1961
Find jobs on Simplify and start your career today