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 • Apr 12, 2021
Accion appoints Amee Parbhoo as Managing Director of Accion Venture Lab
News • Apr 09, 2021
Accion plans LatAm fintech investments to support financial inclusion amidst pandemic
News • Mar 30, 2021
CDC Group partners with Northern Arc Capital for first pooled bond issuance
News • Mar 30, 2021
Annapurna Finance mobilises $30 mn in equity from Nuveen Global Impact
Press Release • Mar 30, 2021
Pandemic Drives Increased Velocity of Innovation, Brings New Challenges and Consumer Demands for Customization
News • Mar 29, 2021
UAE-Based Fintech Startup NOW Money Raises $7M To Fuel Growth
News • Mar 29, 2021
UAE Bank Account Service NOW Money Raises $7 Million Through Latest Investment Round Led By Anthemis Exponential Ventures
Press Release • Mar 29, 2021
UAE-based fintech NOW Money secures $7m to expand digital banking solution across the GCC
News • Mar 24, 2021
Plaid accelerator announces inaugural cohort of fintech startups
News • Mar 23, 2021
‘Due diligence is like dating before the long-term marriage’: Accion Venture Lab’s Paolo Limcaoco
News • Mar 22, 2021
Stakeboat-backed Dvara KGFS raises money from European impact funds
News • Mar 22, 2021
Alt-credit and mobile-money apps give African fintechs a closeup view of climate risks – and opportunities
News • Mar 11, 2021
BBC World News: Myanmar’s violent crackdown and its impact on the economy
News • Mar 09, 2021
The 10 most innovative Latin American companies of 2021
News • Mar 02, 2021
[Funding alert] Northern Arc raises $50M debt from US DFC

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