Accion Venture Lab to Fund African Fintech Startups From $23 Million Inclusive Fund

Accion Venture Lab has created a new $23m inclusive Fintech startup fund for Fintech startups around the world. The new fund will see Accion provide seed-stage funding of about $500,000 to Fintech startups aiding financial inclusion.

These startups will be originally sourced through Accion’s investment leads around the world. It has made its first seed investment in US-based Fintech platform for gig economy workers,  Joust.

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