Accial Capital Management LLC
Status: Approved investmentWhy disclosure?
FMO is committed to making publicly available relevant investment information that informs stakeholders and enables them to engage directly with FMO on its investments which, in turn, enhances our investment decisions, the design and implementation of projects and policies, and strengthens development outcomes. Learn more
In case of questions
In case of questions, please contact us at disclosure@fmo.nl
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
The contracting party is Accial Capital Management (“ACM”), the fund manager of Accial Capital Fund 1 (“ACF1”). ACF1 is a debt fund focused on providing growth capital to technology enabled lenders active in Latin America and Southeast Asia, particularly ‘Fintechs.’
What is our funding objective?
The funding objective is to develop an approach towards effectively and efficiently measuring the impact on financial well-being and economic opportunity for the end-customers of ACF1’s portfolio companies.
Why do we fund this investment?
To reduce inequalities (SDG 10) FMO continues to work towards increasing the opportunities and income for disadvantaged and excluded persons which is fully aligned with the objectives of ACF1. We fund this project to further support that objective and generate a deeper understanding and knowledge base on measuring and acting on impact data.
- Country
- Global
- Sector
- Financial Institutions
- Publication date
- 12/4/2024
- Effective date
- 11/19/2024
- Total FMO financing
- USD 0.04 MLN
- Funding
- FMO NV