Accion International
Status: Approved investmentWhy disclosure?
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Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
Accion International is a global non-profit organisation committed to creating a financially inclusive world, with a pioneering legacy in microfinance and impact investing. It catalyses financial service providers to deliver high-quality, affordable solutions at scale for the three billion people who are left out of or poorly served by the financial sector.
What is our funding objective?
The objective of the project is to support Accion Venture Labs to organise and host another edition of the CEO Forum and Fintech for Inclusion Summit. The event is a unique platform for fintech startups, investors, funders, financial intermediaries, and changemakers focused on leveraging technology to advance financial inclusion.
Why do we fund this investment?
The project is seen as highly relevant for the FMO Strategy 2030 because new technologies enable more effective ways to have development impact, thereby supporting inclusive and sustainable economic growth and reducing inequalities.
- Country
- Global
- Sector
- Financial Institutions
- Publication date
- 8/16/2024
- Effective date
- 7/31/2024
- Total FMO financing
- USD 0.10 MLN
- Funding
- MASSIF