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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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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.
WASHINGTON, DC, March 10, 2026 — Gangkhar, an AI-native embedded protection infrastructure platform, today 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. The round builds on early backing from Rally Cap, which supported Gangkhar at the pre-seed stage and played a key role in the company’s early development. The Latin American insurance market […]
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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