Accel

Accel is a venture capital firm founded in 1983 in Palo Alto, California, that backs early and growth-stage technology startups worldwide. It concentrates on software, cloud, data, mobile, digital media, and adjacent sectors, including consumer and enterprise technology, fintech, security, and healthcare. The firm supports entrepreneurs with long-term guidance and the resources needed to build world-class, category-defining companies. Accel maintains offices in Palo Alto, San Francisco, London, and Bangalore, and has backed a broad portfolio featuring notable companies such as Atlassian, Facebook, Dropbox, Slack, Spotify, and Cloudera.

Pratik Agarwal

Principal

Casey Aylward

Partner

Mahendran Balachandran

Partner

Luca Bocchio

Partner

Philippe Botteri

Partner

Past deals in Retail Lending

Shivalik Small Finance Bank

Venture Round in 2024
Shivalik Small Finance Bank is a technology-driven retail bank focused on small and underserved segments, delivering digitally oriented, affordable products and a differentiated customer experience. It operates on a cloud-based architecture powered by Infosys Finacle Core Banking and Digital Banking Suite, enabling scalable online and mobile banking. The bank supports UPI, IMPS, NEFT/RTGS and is a direct member of the National Financial Switch. It serves a broad client base with over 4.5 lakh customers and 15,000 self-help groups, and operates through 31 branches and more than 250 banking agents across Uttar Pradesh, Madhya Pradesh, Delhi and Uttarakhand. The bank distributes insurance products as a corporate agent and collaborates with technology and insurance providers including Infosys EdgeVerve, FIS, Ctrl-S.

Shivalik Small Finance Bank

Venture Round in 2022
Shivalik Small Finance Bank is a technology-driven retail bank focused on small and underserved segments, delivering digitally oriented, affordable products and a differentiated customer experience. It operates on a cloud-based architecture powered by Infosys Finacle Core Banking and Digital Banking Suite, enabling scalable online and mobile banking. The bank supports UPI, IMPS, NEFT/RTGS and is a direct member of the National Financial Switch. It serves a broad client base with over 4.5 lakh customers and 15,000 self-help groups, and operates through 31 branches and more than 250 banking agents across Uttar Pradesh, Madhya Pradesh, Delhi and Uttarakhand. The bank distributes insurance products as a corporate agent and collaborates with technology and insurance providers including Infosys EdgeVerve, FIS, Ctrl-S.

Rupeek

Venture Round in 2022
Rupeek is a financial services company that operates an online lending platform specializing in gold loans and personal loans. The platform is designed to provide consumers with simplified and affordable lending solutions, focusing on credit risk assessment. Rupeek aims to enhance financial inclusion by offering transparent and accessible financial products. Customers can apply for loans by submitting basic identity and address proof, which allows for quick document verification and efficient processing. This streamlined approach enables consumers to receive loan disbursements within an hour, making the borrowing experience faster and more convenient.

HomeLane

Series E in 2021
Founded in 2014, HomeLane is a Bangalore-based company specializing in personalized home interior solutions. With over 21,000 projects completed nationwide, they offer custom design services at no additional cost.

Atrato

Seed Round in 2021
Atrato is a fintech company that provides a payment platform allowing affiliated merchants to offer a buy now, pay later option to customers. This service enables consumers to make purchases at participating stores, both online and in-person, and to pay for these purchases over a period of up to 24 months without the need for credit or debit cards. Atrato aims to enhance the quality of life in Latin America by offering fair and accessible financial tools and services, while also helping merchants increase their sales and meet customer demand through simplified installment purchases.

HomeLane

Convertible Note in 2020
Founded in 2014, HomeLane is a Bangalore-based company specializing in personalized home interior solutions. With over 21,000 projects completed nationwide, they offer custom design services at no additional cost.

Skeps

Funding Round in 2020
Skeps is a technology company that provides a modular suite of products aimed at merchants and lenders to enhance the identification of credit solutions for customers. Founded in 2018 and headquartered in the U.S. with offices in India, Skeps utilizes private blockchain technology to facilitate the simultaneous evaluation of multiple financing options, thereby reducing declines and improving the overall customer experience. The company's offerings are designed to be integrated into the client's environment, providing access to rich data that enables the creation of highly customized customer offers while adhering to privacy guidelines. By focusing on point-of-sale financing, Skeps helps businesses offer payment flexibility, allowing them to stay competitive in a rapidly evolving digital landscape.

Rupeek

Series C in 2020
Rupeek is a financial services company that operates an online lending platform specializing in gold loans and personal loans. The platform is designed to provide consumers with simplified and affordable lending solutions, focusing on credit risk assessment. Rupeek aims to enhance financial inclusion by offering transparent and accessible financial products. Customers can apply for loans by submitting basic identity and address proof, which allows for quick document verification and efficient processing. This streamlined approach enables consumers to receive loan disbursements within an hour, making the borrowing experience faster and more convenient.

HomeLane

Series D in 2019
Founded in 2014, HomeLane is a Bangalore-based company specializing in personalized home interior solutions. With over 21,000 projects completed nationwide, they offer custom design services at no additional cost.

Rupeek

Series B in 2019
Rupeek is a financial services company that operates an online lending platform specializing in gold loans and personal loans. The platform is designed to provide consumers with simplified and affordable lending solutions, focusing on credit risk assessment. Rupeek aims to enhance financial inclusion by offering transparent and accessible financial products. Customers can apply for loans by submitting basic identity and address proof, which allows for quick document verification and efficient processing. This streamlined approach enables consumers to receive loan disbursements within an hour, making the borrowing experience faster and more convenient.

HomeLane

Series D in 2019
Founded in 2014, HomeLane is a Bangalore-based company specializing in personalized home interior solutions. With over 21,000 projects completed nationwide, they offer custom design services at no additional cost.

Skeps

Seed Round in 2019
Skeps is a technology company that provides a modular suite of products aimed at merchants and lenders to enhance the identification of credit solutions for customers. Founded in 2018 and headquartered in the U.S. with offices in India, Skeps utilizes private blockchain technology to facilitate the simultaneous evaluation of multiple financing options, thereby reducing declines and improving the overall customer experience. The company's offerings are designed to be integrated into the client's environment, providing access to rich data that enables the creation of highly customized customer offers while adhering to privacy guidelines. By focusing on point-of-sale financing, Skeps helps businesses offer payment flexibility, allowing them to stay competitive in a rapidly evolving digital landscape.

Rupeek

Series A in 2018
Rupeek is a financial services company that operates an online lending platform specializing in gold loans and personal loans. The platform is designed to provide consumers with simplified and affordable lending solutions, focusing on credit risk assessment. Rupeek aims to enhance financial inclusion by offering transparent and accessible financial products. Customers can apply for loans by submitting basic identity and address proof, which allows for quick document verification and efficient processing. This streamlined approach enables consumers to receive loan disbursements within an hour, making the borrowing experience faster and more convenient.

HomeLane

Series C in 2017
Founded in 2014, HomeLane is a Bangalore-based company specializing in personalized home interior solutions. With over 21,000 projects completed nationwide, they offer custom design services at no additional cost.

Quiklo

Series A in 2016
Quiklo is a micro-lending platform that specializes in providing collateral-free loans for education to individuals lacking traditional credit histories or CIBIL scores. The company has developed a proprietary Credit Risk Engine that utilizes over 1,000 data points, including information from non-traditional and alternate sources, to create a comprehensive underwriting and management strategy. Quiklo aims to serve a segment of the population that is often overlooked but equally aspirational and creditworthy as those with established credit profiles. By leveraging advanced technology, Quiklo facilitates quick loan approvals, enabling students to explore various educational financing options and receive funding within a day.

Quiklo

Seed Round in 2016
Quiklo is a micro-lending platform that specializes in providing collateral-free loans for education to individuals lacking traditional credit histories or CIBIL scores. The company has developed a proprietary Credit Risk Engine that utilizes over 1,000 data points, including information from non-traditional and alternate sources, to create a comprehensive underwriting and management strategy. Quiklo aims to serve a segment of the population that is often overlooked but equally aspirational and creditworthy as those with established credit profiles. By leveraging advanced technology, Quiklo facilitates quick loan approvals, enabling students to explore various educational financing options and receive funding within a day.

Quiklo

Seed Round in 2015
Quiklo is a micro-lending platform that specializes in providing collateral-free loans for education to individuals lacking traditional credit histories or CIBIL scores. The company has developed a proprietary Credit Risk Engine that utilizes over 1,000 data points, including information from non-traditional and alternate sources, to create a comprehensive underwriting and management strategy. Quiklo aims to serve a segment of the population that is often overlooked but equally aspirational and creditworthy as those with established credit profiles. By leveraging advanced technology, Quiklo facilitates quick loan approvals, enabling students to explore various educational financing options and receive funding within a day.

CAN Capital

Series C in 2014
CAN Capital, Inc. is a financial services provider based in Kennesaw, Georgia, specializing in working capital solutions for small and medium-sized businesses across the United States. Founded in 1998, the company offers small business term loans and merchant cash advances to help business owners meet various financial needs, including inventory purchases, technology upgrades, payroll, equipment acquisition, expansion, and marketing initiatives. CAN Capital utilizes a real-time platform and risk-scoring models to streamline the lending process, allowing for quick access to flexible funding options without the need for personal asset collateral. The company's Daily Remittance Platform facilitates daily cash flow monitoring of borrowers, enhancing the lender's understanding of customer transactions and improving repayment processes. Formerly known as Capital Access Network, Inc., CAN Capital rebranded in December 2013 to better reflect its focus on providing accessible capital solutions for small businesses.

CAN Capital

Series B in 2012
CAN Capital, Inc. is a financial services provider based in Kennesaw, Georgia, specializing in working capital solutions for small and medium-sized businesses across the United States. Founded in 1998, the company offers small business term loans and merchant cash advances to help business owners meet various financial needs, including inventory purchases, technology upgrades, payroll, equipment acquisition, expansion, and marketing initiatives. CAN Capital utilizes a real-time platform and risk-scoring models to streamline the lending process, allowing for quick access to flexible funding options without the need for personal asset collateral. The company's Daily Remittance Platform facilitates daily cash flow monitoring of borrowers, enhancing the lender's understanding of customer transactions and improving repayment processes. Formerly known as Capital Access Network, Inc., CAN Capital rebranded in December 2013 to better reflect its focus on providing accessible capital solutions for small businesses.
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