1960s

Accion's Early Days

Accion was founded in 1961 by a UC Berkeley law student. We began with hands-on work in Latin America; the first group of 30 Americans worked in urban centers around Venezuela.

1970s

Microlending

By the early 1970s, Accion’s leaders were beginning to focus on the lack of economic opportunity in Latin American cities and began issuing small loans.

1980s-90s

Expansion

Over the next decade, Accion helped start microfinance programs in 14 countries in Latin America with a loan repayment rate of 97 percent.

2000s

Expanding Globally

Throughout the 2000s, Accion extended operations into India, Sub-Saharan Africa, and established the Center for Financial Inclusion (CFI) — an action-oriented think tank.

2010s

New Initiatives & Programs

Accion launched its seed-stage investment initiative Accion Venture Lab and participated in the launch of the Accion Frontier Inclusion Fund.

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Latest news

Press Release • Jun 25, 2019
Lulalend, South Africa’s First Online Automated Provider of Short-Term Funding for Small and Medium Enterprises, Raises $6.5 Million Series A
Press Release • Jun 24, 2019
KoinWorks, Indonesia’s Largest P2P Lending Platform, Raises an Oversubscribed S$16.5 Million Series B
Press Release • Jun 17, 2019
Inclusive Fintech 50, global competition to elevate early-stage fintechs driving financial inclusion, announces winners
News • Jun 11, 2019
10 South African Entrepreneurs Who Landed Funding – And How They Did It
News • Jun 11, 2019
Six Nigerian fintech startups to keep an eye on
News • May 29, 2019
Fintech Insider USA: Michael Schlein, Accion
News • May 29, 2019
The Mexican Fintech ecosystem regains leadership in Latin America and approaches the barrier of the 400 startups
News • May 20, 2019
Bicycle thieves: The surprising growth engine for Toffee Insurance
News • May 16, 2019
Lok Capital: Blending commercial capital and smart subsidies for transformative impact (podcast)
News • May 10, 2019
Digital Lender Kinara Capital Raises $14 Mn From Impact Investors
News • May 07, 2019
India NBFC raises $14m Series E round
News • May 06, 2019
GSK Velu-backed Stakeboat leads Series E funding round in Dvara KGFS
News • May 06, 2019
India’s Dvara KGFS raises $14 million for rural financial inclusion
News • May 03, 2019
FinTech Startup Ftcash Raises Rs 50 Cr From Accion, FMO And IvyCap Ventures
News • May 03, 2019
DVARA KGFS Raises Approx. $14M in Series E Funding

Upcoming events

Sep2
Sep4

Nairobi

Organized by Terrapinn

Seamless East Africa

Seamless East Africa, now in its 5th edition, has proven to be the flagship payments, fintech, banking and insurtech event of East Africa. The event has grown year on year, bringing together 1500+ payments , banking and fintech professionals to Nairobi from across 45 countries . Our audience consists of 83% decision makers and influencers , and is represented by all major banks in East Africa.

Sep4
Sep6

Cape Town

Organized by World Economic Forum

World Economic Forum on Africa

With elections taking place in more than 20 African countries in 2019, the world’s youngest continent is facing a new era. While significant progress has been made on the political and economic front, the continent continues to face significant challenges. The 28th World Economic Forum on Africa aims to tackle these issues by focusing on how to scale up the transformation of regional architecture related to smart institutions, investment, integration, industry and innovation. Participants will discuss ways to accelerate progress in five transformative pan-African agendas in the context of the Fourth Industrial Revolution: · Strengthening governance and peace-building institutions · Scaling up financing solutions and improving delivery of hard and soft infrastructure · Increasing intra-African and value-added trade in global supply chains · Developing future-ready knowledge, tools and systems to reinvigorate manufacturing · Expanding innovative approaches to address the UN Sustainable Development Goals The discussions will focus on key industries and build on the launch of the first African Affiliate Centre for the Fourth Industrial Revolution in South Africa.

Sep10
Sep13

Mexico City

Organized by Finnovista

FINNOSUMMIT

The leading conference for innovation on financial services and the one with the greatest Fintech track in the Latin América region, FINNOSUMMIT, will be back stronger than ever in 2019. From September the 10th to 13th, to connect the Fintech and Insurtech ecosystem in order to foster the region’s industry transformation through collaboration.

Oct7
Oct9

Amsterdam

Organized by SME Finance Forum

Global SME Finance Forum

Globally, some of the largest and fastest growing SME financiers may not have started as banks. From tech companies, logistics firms, commodities traders, and Fast-Moving Consumer Goods distributors, financial institutions are facing increasing competition from the real sector in financing small businesses. The real sector firms enjoy a competitive advantage in the form of large amounts of data and analytical skills, which give them insights into the behaviors of SME borrowers.

Nov4
Nov7

Lisbon

Organized by Web Summit

Web Summit

Web Summit brings together the people and companies redefining the global tech industry.

Meet the members of our Board of Directors

Accion Financials and Annual Reports

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