Accion

Accion is a global nonprofit organization founded in 1961 and headquartered in Cambridge, Massachusetts, dedicated to promoting financial inclusion. The organization works to provide underserved individuals and small businesses with access to essential financial tools that can enhance their lives and foster community growth. Accion engages with financial service providers to deliver affordable, high-quality solutions at scale, challenging industry norms and advocating for regulatory changes to support financial accessibility. Through its Venture Lab initiative, Accion invests in innovative fintech startups that utilize technology and new business models to improve the quality and reduce the cost of financial services for those traditionally excluded from the formal economy. The organization offers both financial investments and strategic support, including governance and operational assistance, to help these startups grow and succeed. Accion's commitment to enhancing financial health and capabilities aims to create a more inclusive financial landscape globally.

Amee Parbhoo

Director of Investments

Vikas Raj

Managing Director, Accion Venture Lab

Raliat Sunmonu

Vice President and Program Manager, MEA

110 past transactions

IKF Finance

Private Equity Round in 2023
IKF Finance provider of asset management services designed to provide financial services.

Fairbanc

Seed Round in 2022
Fairbanc is a scalable, AI-powered mobile loan and payments platform for emerging market small-medium enterprises (SMEs) that requires no collateral or credit history. The company's AI-powered platform can read digital footprints such as transaction history with large suppliers, and data on the mobile phone to grant instant digital credit line that SMEs can use to purchase inventories from our selected suppliers. Fairbanc's proven gender-intelligent ecosystem for loans and payments can be used in many vertical markets, eliminating the shortcomings of cash. Retail shop-owners can boost sales up to 20%, eliminate cash shortages, enjoy an easier payments regimen, and develop a credit history; suppliers receive more consistent order cycles, more instant payments upon delivery, and SKU sales expansion.

Fisdom

Series C in 2022
Fisdom is a leading digital wealth platform that offers a comprehensive range of financial products and services to retail and mass affluent customers in India. We offer a holistic set of financial products including listed stocks, mutual funds, pension funds, sovereign bonds, insurance, and taxation, making it a one-stop-shop for all financial needs. We have innovated the wealthtech industry in India by pioneering the B2B2C distribution model through strategic partnerships with 15 leading banks in the country. This gives us exclusive access to a customer base of more than 400 million. Our platform, through SDKs, is seamlessly integrated into the mobile banking apps of our partner banks, providing customers with a seamless and convenient experience. Additionally, our access to over 20,000 bank branches across India allows for a hybrid distribution model, providing customers with both digital and assisted options. We have an active customer base of 1.2 million with 76% of our customers coming from tier 2 and tier 3 locations in India. We are proud to have partnered with some of the most reputable banks in the country, including Indian Bank, UCO Bank, and Union Bank of India among others. Our success has been recognized by some of the most prestigious awards in the industry, including "Best Fintech Company" for FY20 & FY21 at Financial Express Best Banks Awards and "Best Financial Services Partner 2022" by FICCI and Indian Banks’ Association.

Khazna

Series A in 2022
Khazna’s super app caters to 50% of Egyptians who are active smartphone users and lack access to formal financial services. Khazna currently offers General Purpose Credit, Buy Now Pay Later (BNPL), and Bill Payment. The company’s vision is to digitize cash transactions across Egypt and beyond.

Agrim Wholesale

Series A in 2022
Agrim creates a B2B commerce marketplace app for Agri-Inputs, bringing retailers and manufacturers together on a single platform. It aims to connect 40K+ small to large size manufacturers with the large and loyal retailer network and improve the supply chain by enabling 1M+ Agri-input retailers to discover superior quality products at the right price and on-time delivery.

MyRobin.id

Seed Round in 2022
MyRobin is an end-to-end talent hub that provides Indonesian businesses with pre-screened, quality workers on flexible contracts, both long and short term. MyRobin was launched in 2019 and is headquartered in Jakarta, Indonesia.

Annapurna Finance

Private Equity Round in 2021
Annapurna Finance is a microfinance venture that works for the financial and economic upliftment of underserved and unreached women. The company's purpose is the growth of the microfinance operation in the areas which are still away from the formal financial system of the economy and offer livelihood support to the poor households by providing financial and technical support to build up the entrepreneurial skill for the effective undertaking of business activities. It brings economically backward clients to the mainstream, offering need based financial services at its doorstep.

Kuunda

Seed Round in 2021
Kuunda provides liquidity management and data insight tools enabling users to fulfill financial needs through a digital platform. Kuunda's liquidity solutions are tools that anyone can use to maintain their standard of living, grow their businesses, and build economic resilience. Kuunda assists clients in increasing network productivity and expanding the usage and distribution of their products, resulting in real, measurable results.

Cashinvoice

Seed Round in 2021
Cashinvoice is a digital marketplace that unlocks supply chain finance for small businesses. They provide a technology platform that links financial institutions, large corporations, and their MSME supply chain partners to extend working capital by offering embedded lending products that grow and scale. Cashinvoice's technologies enable corporations to accelerate their transformation, modernize and mobilize their finance team's operations, and maximize their business performance.

Capiter

Series A in 2021
Capiter is a B2B marketplace that brings FMCGs, wholesalers, and merchants to the same platform, enabling merchants to order their products through the eCommerce platform and receive credit facilities Capiter is the liaison between the FMCG, wholesale, and merchant's supply chain. That provides efficiency in the whole supply chain by using advanced technology and Machine-learning models. This provides high-quality service to sales channels and high data validity to the supply channels with a highly optimized financial / product cycling. The company was founded in 2020 and is headquartered in Cairo, Egypt.

Dinie

Seed Round in 2021
Dinie is the embedded lending infrastructure for B2B Platforms, addressing the significantly underserved Brazilian SMB market. The company eliminates the complexity out of the processes for any digital platform to quickly start offering instant revolving lines and B2B payment solutions via simple API integration. Dinie is a pioneer Fintech in Embedded Lending model and Open Finance in Brazil.

Lidya

Series B in 2021
Lidya is a financial services platform to improve access to credit and finance across frontier and emerging markets starting with Nigeria. We use mobile-first technology with a strong customer experience and proprietary credit scoring algorithms to help small & medium businesses open an account online in 15 minutes, manage funds, and access credit needed to grow their businesses and plan their futures. In addition, we have created dashboards and tools to help businesses manage their receivables and cashflow to build credit scores that unlock higher credit limits and affordable rates. Welcome to Lidya. Welcome to the future.

Fairbanc

Seed Round in 2021
Fairbanc is a scalable, AI-powered mobile loan and payments platform for emerging market small-medium enterprises (SMEs) that requires no collateral or credit history. The company's AI-powered platform can read digital footprints such as transaction history with large suppliers, and data on the mobile phone to grant instant digital credit line that SMEs can use to purchase inventories from our selected suppliers. Fairbanc's proven gender-intelligent ecosystem for loans and payments can be used in many vertical markets, eliminating the shortcomings of cash. Retail shop-owners can boost sales up to 20%, eliminate cash shortages, enjoy an easier payments regimen, and develop a credit history; suppliers receive more consistent order cycles, more instant payments upon delivery, and SKU sales expansion.

Lami

Seed Round in 2021
Lami is an end-to-end digital insurance platform and API that enables companies across sectors to offer insurance products. Its API allows underwriters to connect with consumer-facing companies that can provide embedded insurance as a value add for existing customers, many of whom are uninsured.

NOW Money

Venture Round in 2021
NOW Money uses mobile banking technology to bring accounts and remittance to the unbanked population of the Middle East. It provides a solution for those currently excluded from the financial system, bringing full access to the financial system, and significant savings on remittance.

Agrim Wholesale

Seed Round in 2021
Agrim creates a B2B commerce marketplace app for Agri-Inputs, bringing retailers and manufacturers together on a single platform. It aims to connect 40K+ small to large size manufacturers with the large and loyal retailer network and improve the supply chain by enabling 1M+ Agri-input retailers to discover superior quality products at the right price and on-time delivery.

HENRY

Seed Round in 2020
Henry trains software developers and data scientists for free in LatAm and helps them find a job remotely in exchange for a share of their future income. More than +1,000 companies from all around the world hire HENRY talent.

TerraMagna

Seed Round in 2020
TerraMagna is established in Brazil with a deep understanding of the unique challenges and opportunities in the agricultural sector, our innovative suite of financial products include personal loans, CFB lending, embedded BNPL for agricultural inputs and crop-collateralized financing - all accessible through our web interface. We do not only provide credit - we are transforming the future of agriculture, making all links of the agricultural value chain more resilient and establishing the proper incentives to make agriculture what the world needs it to be - its powerhouse of sustainable food security.

Arya Collateral

Series C in 2020
Arya Collateral Warehousing Services provides post-harvest services including warehousing, warehouse receipt financing, rural storage discovery, collateral management and market linkages.

Advance Tech Lending

Seed Round in 2020
Advance Tech Lending is an online salary loans provider. They help employees cover their daily financial needs with a click of a button. They don’t charge interest, just a processing fee to get funds to you immediately.

Apollo Agriculture

Series A in 2020
Apollo Agriculture is an agtech company that offers farmers access to agricultural inputs, financing, and advice. Apollo helps farmers in emerging markets maximize their profits. The company uses agronomic machine learning, remote sensing, and mobile phones to deliver a customized package of credit, high-quality farm inputs, and advice that can double farm yields, starting in Kenya. Apollo assesses farmer credit risk and customizes each package to a farmer's specific location using satellite data, soil data, farmer behavior data, and crop yield models.

CreditMantri

Venture Round in 2020
CreditMantri is an India focused Digital Credit Services Management Platform. Consumer services: CreditMantri helps users understand the status of their Credit Health and build their Credit Profile. The user's credit profile is created with data from Institutional sources like the user's Credit History and Score from the bureau. This is further enhanced with data from alternate data sources. Based on the individual's credit profile, consumer's are guided towards the solution best matched to their profile - be it discovery of loans or credit cards, credit improvement services Lender Services: CreditMantri offers a range of lender specific services including: 1. Marketplace listing credit products 2. Solutions to help lenders offer products to new to credit users by enabling instant credit decisions using alternate data. 3. Verification Services CreditMantri works with over 55+ lenders

Agrim Wholesale

Seed Round in 2020
Agrim creates a B2B commerce marketplace app for Agri-Inputs, bringing retailers and manufacturers together on a single platform. It aims to connect 40K+ small to large size manufacturers with the large and loyal retailer network and improve the supply chain by enabling 1M+ Agri-input retailers to discover superior quality products at the right price and on-time delivery.

Smartcoin

Series A in 2020
SmartCoin is a mobile app based lending platform, capable of assessing the risk profile of a prospective borrower in real time, using data science and machine learning algorithms. Their proprietary credit underwriting engine aggregates thousands of data points on a customer’s smartphone to build a customized credit score. A customer is instantly offered personalized loan products on the basis of his risk and capacity, and the money is transferred digitally to their bank account.

Field Intelligence

Series A in 2020
Field Intelligence manages the asset ecosystem for agricultural, energy, heavy equipment, and infrastructure verticals.

Khazna

Seed Round in 2020
Khazna’s super app caters to 50% of Egyptians who are active smartphone users and lack access to formal financial services. Khazna currently offers General Purpose Credit, Buy Now Pay Later (BNPL), and Bill Payment. The company’s vision is to digitize cash transactions across Egypt and beyond.

SMECorner

Series B in 2020
SMEcorner is a financial lending firm that focuses on providing quick access to business loans to micro, small, and medium enterprises. The companys mission is to fill India's SME lending gap with the use of an online platform that combines machine learning, data science, and artificial intelligence. SME owners can fund their business through their 2 different products which are the unsecured business loans and loan against property. SMEcorner's lending process is based on a combination of traditional and new alternate data, with strong use of decision science. SMEcorner was founded in 2014 and is headquartered in Mumbai, Maharashtra, India.

Prayaan Capital

Seed Round in 2020
Prayaan Capital is runs a financial technology startup focussed on lending to micro, small and medium enterprises.

Toffee Insurance

Series A in 2019
Toffee Insurance is an insurance services company. They provide insurance services in Insurance, Insurtech, Mobile Insurance, Online Insurance, Health Insurance, Home Insurance, Travel Insurance, Fintech, Finance, Micro Insurance, Startup, Indian Startup, and Cycle Insurance

Joust

Seed Round in 2019
Joust, Inc., based in Austin, Texas, offers a comprehensive suite of banking and payment solutions tailored for freelancers and entrepreneurs. Founded in 2017, Joust provides services through its proprietary PayArmour tool, which safeguards invoice payments and helps resolve late or non-payment issues experienced by independent workers. The company operates as a subsidiary of ZenBusiness, Inc. and utilizes a chartered, FDIC-insured community bank to deliver merchant services and business banking. In addition to payment protection, Joust's offerings include business incorporation, invoicing, real-time payment processing, invoice insurance, and account analytics. Through its innovative technology and banking partnerships, Joust addresses the financial challenges faced by self-employed individuals.

Flex Finance

Pre Seed Round in 2019
Due to poor financial management, 9 out of 10 businesses in Africa will die before their 5th birthday. The problem persists as there is no Spend management platform to help these businesses manage their finances. Leaving them at the mercy of outdated processes Businesses in Africa have high digital literacy and are willing to adopt digital tools to help them manage their finances. Flex is a spend management platform that helps businesses in Africa manage their spending via mobile, web and corporate cards.

Lulalend

Series A in 2019
LulaLend is more than a company. It’s a belief in the power of small business, making a difference, building a better solution and striving for excellence. We work hard to empower businesses across South Africa with the funds they need to grow, and we have a great time doing it!

ftcash

Series A in 2019
ftcash is one of India’s fast-growing financial technology venture, recognized by Forbes, which aims to empower micro-merchants and small businesses with the power of credit using digital payments, using only a bank account and a feature phone. ftcash uses its proprietary algorithm to understand the credit-worthiness using their transaction flow data on the ftcash payments platform along with several other data points including psychometric analysis, which can be leveraged to provide these SMEs institutional finance and recollect the money from their daily transactions. ftcash works with Banks and Financial Institutions to deploy its solution for all their SMEs. After a successful launch in India in 2015, ftcash is expanding globally. ftcash is being supported by PayPal and MasterCard to enable merchant services globally.

SMECorner

Series A in 2019
SMEcorner is a financial lending firm that focuses on providing quick access to business loans to micro, small, and medium enterprises. The companys mission is to fill India's SME lending gap with the use of an online platform that combines machine learning, data science, and artificial intelligence. SME owners can fund their business through their 2 different products which are the unsecured business loans and loan against property. SMEcorner's lending process is based on a combination of traditional and new alternate data, with strong use of decision science. SMEcorner was founded in 2014 and is headquartered in Mumbai, Maharashtra, India.

CIVICO

Series A in 2019
CÍVICO is a digital company that maps cities and citizens by crowdsourcing location data to drive transactions between consumers, merchants and brands. CÍVICO is currently up and running in México City, Bogotá and Santiago with more than 4 million monthly active users using our apps and web, 1,000,000 crowdsourced places in its database and 50,000 crowdsourcer´s mapping their cities. From the consumer perspective, we are solving their daily needs in their city by aggregating all their city in a single app. CÍVICO is a multipurpose app where we are building and mapping the most relevant digital information system which includes local places, news, public transport, bicycles, events, movies, deliveries, and much more. From the business perspective, we are understanding real time consumer behavior by mapping daily life in the city and we connect those consumers with key markets in a city. Currently we are focused on 4 key players in a city: merchants/smb´s, banks, brands and government.

Destácame

Series A in 2019
Destacame is the first behavior-based credit score in Latin America.

BASIX Sub-K iTransactions

Series B in 2018
Sub-K means "for everyone" in Hindi language and below "one thousand" in English , indicating touch points within 1,000 meters distance, offering transactions of less than 1,000 rupees , providing access to less than 1,000 households at a cost of 1,000 paisa. Basix Sub-K iTransactions Ltd., is a subsidiary company under BASIX Social Enterprise Group, started in 2010 with a vision to provide technology enabled transactional platform to the unbanked population. Sub-K operates, manages, and controls inclusive transactions on end-to-end basis through recruiting, training and equipping local entrepreneurs as Business Correspondent agents who serve as human ATMs at the last mile of connectivity between the Bank and the end consumer, through mobile/kiosk based technology. Sub-K creates a self-propagating eco-system for profitability and sustainability of the BC sub-agent, Bank, and Sub-K, ultimately serving the customers with real time banking and non-banking solutions. Sub-K is a service company that offers affordable, accessible and scalable digital payment solutions to the BoP segment in rural and urban areas and seeks to bridge the digital divide and create a “financially included society”. Any customer with a bank account can walk into these BC outlets and avail banking services - cash deposit, cash withdrawal, remittance, fund transfer, balance enquiry, mini statement, loan repayment etc. Basix Sub-K facilitates business of micro-entrepreneurs through microcredit, insurance, pensions, farm loans, personal loans, vehicle loans. Government payments to citizens, Aadhaar card, PAN card services are also facilitated at some of these outlets. Non-banking services are also offered for enhancing the income of the BC agent and offer convenience to customers.

Self

Series B in 2018
Self Financial is a venture-backed fintech startup that helps customers build credit and save money. It provides tools necessary for building on-time payment history and responsible use of credit, in collaboration with issuing banks.s services are for those who are new to credit or who might not have access to traditional financial products. It offers Self Credit Builder Account to help consumers build both credit and savings without relying on credit history and Self Visa Credit Card, a card that helps existing customers build their security deposit in instalments. Self Financial is formerly known as Self Lender. The startup was founded by Conor Swanson and James Garvey in 2015 and is based in Austin, Texas.

Self

Series B in 2018
Self Financial is a venture-backed fintech startup that helps customers build credit and save money. It provides tools necessary for building on-time payment history and responsible use of credit, in collaboration with issuing banks.s services are for those who are new to credit or who might not have access to traditional financial products. It offers Self Credit Builder Account to help consumers build both credit and savings without relying on credit history and Self Visa Credit Card, a card that helps existing customers build their security deposit in instalments. Self Financial is formerly known as Self Lender. The startup was founded by Conor Swanson and James Garvey in 2015 and is based in Austin, Texas.

Tez Financial Services

Seed Round in 2018
Tez Financial Services operates as a fully digital non-bank microfinance company. It provides financial access to the unbanked and under-banked population via a smartphone application, driven by algorithms and artificial intelligence. The company was founded in 2017 and is headquartered in Karachi, Sindh.

SMECorner

Seed Round in 2018
SMEcorner is a financial lending firm that focuses on providing quick access to business loans to micro, small, and medium enterprises. The companys mission is to fill India's SME lending gap with the use of an online platform that combines machine learning, data science, and artificial intelligence. SME owners can fund their business through their 2 different products which are the unsecured business loans and loan against property. SMEcorner's lending process is based on a combination of traditional and new alternate data, with strong use of decision science. SMEcorner was founded in 2014 and is headquartered in Mumbai, Maharashtra, India.

Lumkani

Seed Round in 2018
Lumkani is an impact-focused South Africa-based InsureTech, building community resilience using a combination of technology and financial services. It started its journey tackling informal settlement fires and has built a platform to deal with the broader protection gap - the large base of underserved customers who lack access to affordable, relevant insurance products. Lumkani's first product was a mesh networked IoT fire detector designed for informal homes, to create a community wide alert in the event of fire. This award winning technology has proven to have a significant impact in limiting the spread of fire. It is in over 50000 homes predominantly in South Africa, as well as in Bangladesh and Kenya. In 2017, Lumkani launched a world first fire detection and fire insurance bundle for people living in informal settlements/slums, partnering with Hollard Insurance. This product gives customers the finances they need to get back on their feet after disaster. In developing a platform to distribute to and service this low income customer base, Lumkani discovered the protection gap. As it scales its distribution platform across South Africa and other markets, it is also dealing with the protection gap by launching additional relevant products onto the Lumkani platform.

Lend Street Financial

Series A in 2018
LendStreet mission is simple help people get out of debt, rebuild their credit, and get a fresh start. They have partnerships within the financial sector which allow them to negotiate discounts on debts, which means they can pass on the discount to our customers and they in turn can get out of debt sooner, rebuild their credit and get on with their lives.

Toffee Insurance

Seed Round in 2018
Toffee Insurance is an insurance services company. They provide insurance services in Insurance, Insurtech, Mobile Insurance, Online Insurance, Health Insurance, Home Insurance, Travel Insurance, Fintech, Finance, Micro Insurance, Startup, Indian Startup, and Cycle Insurance

Lidya

Series A in 2018
Lidya is a financial services platform to improve access to credit and finance across frontier and emerging markets starting with Nigeria. We use mobile-first technology with a strong customer experience and proprietary credit scoring algorithms to help small & medium businesses open an account online in 15 minutes, manage funds, and access credit needed to grow their businesses and plan their futures. In addition, we have created dashboards and tools to help businesses manage their receivables and cashflow to build credit scores that unlock higher credit limits and affordable rates. Welcome to Lidya. Welcome to the future.

Lidya Live

Series A in 2018
Lidya Live offer high engaging, interactive shopping experience for your customers.

Pula Advisors

Seed Round in 2018
Pula Advisors they partner with organizations from agriculture to renewable energy.

Tienda Pago

Series A in 2018
Tienda Pago is the merchant support platform that facilitates your weekly merchandise purchase to distributors. It is the result of years of experience of a team of experts whose objective is to promote ecosystems where all participants, both distributors and traders, benefit from the service and proactively motivate other participants to join the system.

Smartcoin

Seed Round in 2018
SmartCoin is a mobile app based lending platform, capable of assessing the risk profile of a prospective borrower in real time, using data science and machine learning algorithms. Their proprietary credit underwriting engine aggregates thousands of data points on a customer’s smartphone to build a customized credit score. A customer is instantly offered personalized loan products on the basis of his risk and capacity, and the money is transferred digitally to their bank account.

BASIX Sub-K iTransactions

Venture Round in 2018
Sub-K means "for everyone" in Hindi language and below "one thousand" in English , indicating touch points within 1,000 meters distance, offering transactions of less than 1,000 rupees , providing access to less than 1,000 households at a cost of 1,000 paisa. Basix Sub-K iTransactions Ltd., is a subsidiary company under BASIX Social Enterprise Group, started in 2010 with a vision to provide technology enabled transactional platform to the unbanked population. Sub-K operates, manages, and controls inclusive transactions on end-to-end basis through recruiting, training and equipping local entrepreneurs as Business Correspondent agents who serve as human ATMs at the last mile of connectivity between the Bank and the end consumer, through mobile/kiosk based technology. Sub-K creates a self-propagating eco-system for profitability and sustainability of the BC sub-agent, Bank, and Sub-K, ultimately serving the customers with real time banking and non-banking solutions. Sub-K is a service company that offers affordable, accessible and scalable digital payment solutions to the BoP segment in rural and urban areas and seeks to bridge the digital divide and create a “financially included society”. Any customer with a bank account can walk into these BC outlets and avail banking services - cash deposit, cash withdrawal, remittance, fund transfer, balance enquiry, mini statement, loan repayment etc. Basix Sub-K facilitates business of micro-entrepreneurs through microcredit, insurance, pensions, farm loans, personal loans, vehicle loans. Government payments to citizens, Aadhaar card, PAN card services are also facilitated at some of these outlets. Non-banking services are also offered for enhancing the income of the BC agent and offer convenience to customers.

ESCALA EDUCACION

Seed Round in 2017
ESCALA Educación is a social enterprise that promotes access to higher education and financial inclusion by offering enhanced saving plans with educational benefits. ESCALA partners with companies and becomes their main educational benefits provider, through which employees save through their paychecks for education either for themselves or their children. These savings are coupled with company matching funds, tuition discounts, career counseling and other education benefits that make higher education accessible for all.

Self

Series A in 2017
Self Financial is a venture-backed fintech startup that helps customers build credit and save money. It provides tools necessary for building on-time payment history and responsible use of credit, in collaboration with issuing banks.s services are for those who are new to credit or who might not have access to traditional financial products. It offers Self Credit Builder Account to help consumers build both credit and savings without relying on credit history and Self Visa Credit Card, a card that helps existing customers build their security deposit in instalments. Self Financial is formerly known as Self Lender. The startup was founded by Conor Swanson and James Garvey in 2015 and is based in Austin, Texas.

Self

Series A in 2017
Self Financial is a venture-backed fintech startup that helps customers build credit and save money. It provides tools necessary for building on-time payment history and responsible use of credit, in collaboration with issuing banks.s services are for those who are new to credit or who might not have access to traditional financial products. It offers Self Credit Builder Account to help consumers build both credit and savings without relying on credit history and Self Visa Credit Card, a card that helps existing customers build their security deposit in instalments. Self Financial is formerly known as Self Lender. The startup was founded by Conor Swanson and James Garvey in 2015 and is based in Austin, Texas.

First Circle

Venture Round in 2017
First Circle exists to radically improve the course of opportunity for SMEs across South East Asia; to help business owners achieve growth beyond their wildest dreams; to expand their First Circle past their family and friends. They are creating great technology which allows us to bring together the best businesses. We provide them with the funding and support they need to grow for many years to come. They do this with a simple online account, advanced data analytics, dedicated customer success representatives, and a community of business owners complete with a host of useful resources.

NOW Money

Convertible Note in 2017
NOW Money uses mobile banking technology to bring accounts and remittance to the unbanked population of the Middle East. It provides a solution for those currently excluded from the financial system, bringing full access to the financial system, and significant savings on remittance.

Lidya Live

Seed Round in 2017
Lidya Live offer high engaging, interactive shopping experience for your customers.

Lidya

Seed Round in 2017
Lidya is a financial services platform to improve access to credit and finance across frontier and emerging markets starting with Nigeria. We use mobile-first technology with a strong customer experience and proprietary credit scoring algorithms to help small & medium businesses open an account online in 15 minutes, manage funds, and access credit needed to grow their businesses and plan their futures. In addition, we have created dashboards and tools to help businesses manage their receivables and cashflow to build credit scores that unlock higher credit limits and affordable rates. Welcome to Lidya. Welcome to the future.

CreditMantri

Series B in 2017
CreditMantri is an India focused Digital Credit Services Management Platform. Consumer services: CreditMantri helps users understand the status of their Credit Health and build their Credit Profile. The user's credit profile is created with data from Institutional sources like the user's Credit History and Score from the bureau. This is further enhanced with data from alternate data sources. Based on the individual's credit profile, consumer's are guided towards the solution best matched to their profile - be it discovery of loans or credit cards, credit improvement services Lender Services: CreditMantri offers a range of lender specific services including: 1. Marketplace listing credit products 2. Solutions to help lenders offer products to new to credit users by enabling instant credit decisions using alternate data. 3. Verification Services CreditMantri works with over 55+ lenders

Destácame

Seed Round in 2017
Destacame is the first behavior-based credit score in Latin America.

Aye Finance

Series B in 2016
Aye Finance is a finance company that provides business loans to micro and small businesses. The company's mission is to provide customer-centered financial services to micro and small businesses through technology and robust processes. It works with relevant technology to facilitate better financial inclusion and consequently serve micro-enterprises.

Comunidad 4Uno

Seed Round in 2016
Comunidad 4Uno (C4Uno) is an online platform that distributes tailored and market-based financial products to low income and financially excluded domestic workers. The company aims to be the largest and most reliable financial product distribution channel for the low income population in Mexico by 2020.

Lulalend

Seed Round in 2016
LulaLend is more than a company. It’s a belief in the power of small business, making a difference, building a better solution and striving for excellence. We work hard to empower businesses across South Africa with the funds they need to grow, and we have a great time doing it!

Aire

Venture Round in 2016
(Customers of Aire can contact Experian UK for any data requests). Aire is a credit assessment and automation platform for underwriting decisions. The company was founded on 2014 and based in London and expanded to the US. NOTE: UK based customers can now contact Experian UK for their credit files related to Aire.

Apollo Agriculture

Seed Round in 2016
Apollo Agriculture is an agtech company that offers farmers access to agricultural inputs, financing, and advice. Apollo helps farmers in emerging markets maximize their profits. The company uses agronomic machine learning, remote sensing, and mobile phones to deliver a customized package of credit, high-quality farm inputs, and advice that can double farm yields, starting in Kenya. Apollo assesses farmer credit risk and customizes each package to a farmer's specific location using satellite data, soil data, farmer behavior data, and crop yield models.

Destácame

Seed Round in 2016
Destacame is the first behavior-based credit score in Latin America.

StreetShares

Series A in 2016
StreetShares, Inc. is a peer-to-peer small business lending marketplace that connects small business owners with retail and institutional investors. Based in Reston, Virginia, the company offers a lending-as-a-service platform that enables community banks and credit unions to efficiently provide loans to small businesses. Its product offerings include term loans, business bonds, and both secured and unsecured small business loans. StreetShares facilitates an accessible and streamlined lending experience, allowing financial institutions to connect with borrowers through a digital platform featuring quick underwriting processes. Founded in 2013, the company has garnered recognition for its innovative solutions in small business financing.

Aye Finance

Series A in 2015
Aye Finance is a finance company that provides business loans to micro and small businesses. The company's mission is to provide customer-centered financial services to micro and small businesses through technology and robust processes. It works with relevant technology to facilitate better financial inclusion and consequently serve micro-enterprises.

Tienda Pago

Seed Round in 2015
Tienda Pago is the merchant support platform that facilitates your weekly merchandise purchase to distributors. It is the result of years of experience of a team of experts whose objective is to promote ecosystems where all participants, both distributors and traders, benefit from the service and proactively motivate other participants to join the system.

Dvara KGFS

Venture Round in 2015
Dvara KGFS focuses on establishing and supporting local community financial services institutions known as Kshetriya Gramin Financial Services (KGFS). These institutions are designed to enhance financial inclusion in geographically targeted areas, particularly in remote rural markets. Dvara KGFS operates under the umbrella of IFMR Holdings, which also includes IFMR Capital, a platform that facilitates debt capital markets for various originators, providing micro-loans, small business finance, and other financial services. Through its innovative KGFS model, Dvara KGFS aims to address the unique financial needs of underserved communities, promoting economic development and accessibility to essential financial services.

SMECorner

Pre Seed Round in 2015
SMEcorner is a financial lending firm that focuses on providing quick access to business loans to micro, small, and medium enterprises. The companys mission is to fill India's SME lending gap with the use of an online platform that combines machine learning, data science, and artificial intelligence. SME owners can fund their business through their 2 different products which are the unsecured business loans and loan against property. SMEcorner's lending process is based on a combination of traditional and new alternate data, with strong use of decision science. SMEcorner was founded in 2014 and is headquartered in Mumbai, Maharashtra, India.

StreetShares

Seed Round in 2015
StreetShares, Inc. is a peer-to-peer small business lending marketplace that connects small business owners with retail and institutional investors. Based in Reston, Virginia, the company offers a lending-as-a-service platform that enables community banks and credit unions to efficiently provide loans to small businesses. Its product offerings include term loans, business bonds, and both secured and unsecured small business loans. StreetShares facilitates an accessible and streamlined lending experience, allowing financial institutions to connect with borrowers through a digital platform featuring quick underwriting processes. Founded in 2013, the company has garnered recognition for its innovative solutions in small business financing.

CreditMantri

Series A in 2015
CreditMantri is an India focused Digital Credit Services Management Platform. Consumer services: CreditMantri helps users understand the status of their Credit Health and build their Credit Profile. The user's credit profile is created with data from Institutional sources like the user's Credit History and Score from the bureau. This is further enhanced with data from alternate data sources. Based on the individual's credit profile, consumer's are guided towards the solution best matched to their profile - be it discovery of loans or credit cards, credit improvement services Lender Services: CreditMantri offers a range of lender specific services including: 1. Marketplace listing credit products 2. Solutions to help lenders offer products to new to credit users by enabling instant credit decisions using alternate data. 3. Verification Services CreditMantri works with over 55+ lenders

Lend Street Financial

Seed Round in 2015
LendStreet mission is simple help people get out of debt, rebuild their credit, and get a fresh start. They have partnerships within the financial sector which allow them to negotiate discounts on debts, which means they can pass on the discount to our customers and they in turn can get out of debt sooner, rebuild their credit and get on with their lives.

Billpocket

Seed Round in 2015
Billpocket convierte tu smartphone o tablet en una terminal punto de venta. Ya no tienes que esperar al banco y pagar exageradas cuotas de mantenimiento, fianzas y papel para poder cobrar con tarjeta. Simplemente necesitas una cuenta bancaria a donde puedas recibir tus cobros con tarjeta de débito y crédito.

IntooBR

Seed Round in 2015
Intoo is a B2B plataform that facilitates the proccess of getting credit before banks and institutional investors.

Artoo

Series A in 2015
Artoo is a offers CRM for financial institutions that allows them to manage all their interactions with the customer on a single platform and derive key insights. Modules Include - Lead Management, Loan Origination, Cash Flow Templates, Credit Bureau Integration, Credit Underwriting, Credit Scoring, Collections, Analytics, KYC Image Capture, LUC & Monitoring

Aye Finance

Seed Round in 2015
Aye Finance is a finance company that provides business loans to micro and small businesses. The company's mission is to provide customer-centered financial services to micro and small businesses through technology and robust processes. It works with relevant technology to facilitate better financial inclusion and consequently serve micro-enterprises.

Volabit

Venture Round in 2015
Volabit is a developer of a cryptocurrency trading platform. Volabit allows cash-based online payments through its mobile wallet as well as faster and cheaper international transfers. Volabit is financially empowering people through the use of Bitcoin.

First Access

Venture Round in 2015
First Access is a financial technology company that offers a smart data platform for emerging market financial institutions. Micro and SME lenders have a clear path to a digital future. With an intuitive user experience for digitizing paper-based operations, institutions can collect rich data, monitor trends, and then automate processes while gaining more trust in the data. First Access has leveraged its credit scoring experience to allow incremental change without disrupting day-to-day operations. Financial institutions can grow more sophisticated with data, incorporating machine learning insights as it goes. The company's mission is to turn data into financial opportunity by helping lenders around the world digitize and automate access to credit with powerful, user-friendly technology. First Access was founded in 2011 and is headquartered in New York.

Konfio

Convertible Note in 2014
Konfio is a financial services platform for small and medium businesses in Mexico that offers corporate credit cards, working capital loans, and payment solutions. Founded in 2013, Konfio's mission is to boost SME growth and productivity in Mexico.
Shubham Housing Development Finance Company was incorporated with a mission to provide Home loans and Home Improvement loans to customers who would normally fall outside the ambit of traditional lending institutions. Shubham is amongst the first organisations in the country focused on helping urban low-income and informal income families own a home by providing formal credit. Shubham's operating model seeks to transcend document based underwriting and follow an interview based approach to understand the customer's income and expense flows.

StreetShares

Seed Round in 2014
StreetShares, Inc. is a peer-to-peer small business lending marketplace that connects small business owners with retail and institutional investors. Based in Reston, Virginia, the company offers a lending-as-a-service platform that enables community banks and credit unions to efficiently provide loans to small businesses. Its product offerings include term loans, business bonds, and both secured and unsecured small business loans. StreetShares facilitates an accessible and streamlined lending experience, allowing financial institutions to connect with borrowers through a digital platform featuring quick underwriting processes. Founded in 2013, the company has garnered recognition for its innovative solutions in small business financing.

GO Finance Co

Seed Round in 2014
GO Finance Co is a meso-finance company that provides financing to distributors involved in the value chains of multinational corporations that manufacture fast moving consumer goods. It envisages providing working capital, short to medium term loans, hire purchase, and insurance products. In addition to lending, GO Finance Co intends to provide access to information technology to aid financial record keeping, and targeted training that assists entrepreneurs to strengthen the capacity of their businesses through leveraging information technology. GO Finance Co was founded in 2011 by [Odaana Alimwike](https://www.crunchbase.com/person/odaana-alimwike) and [Geoffrey Ndosi](https://www.crunchbase.com/person/geoffrey-ndosi). It is based in Dar Es Salaam, Tanzania.

StreetShares

Seed Round in 2014
StreetShares, Inc. is a peer-to-peer small business lending marketplace that connects small business owners with retail and institutional investors. Based in Reston, Virginia, the company offers a lending-as-a-service platform that enables community banks and credit unions to efficiently provide loans to small businesses. Its product offerings include term loans, business bonds, and both secured and unsecured small business loans. StreetShares facilitates an accessible and streamlined lending experience, allowing financial institutions to connect with borrowers through a digital platform featuring quick underwriting processes. Founded in 2013, the company has garnered recognition for its innovative solutions in small business financing.

Umati Capital

Seed Round in 2014
Umati Capital is a start-up financial services company that aims to revolutionize access to finance through the consistent and innovative use of technology. Launched in September 2012, they are a non-bank financial institution focused on the provision of credit and related payment technologies. They are currently focused within agri-business supply chains, retailer value chains and fast moving consumer goods manufacturers. They leverage proprietary technology to provide branchless financial services to small scale suppliers, trading companies and industrial processors.

Quippi

Venture Round in 2014
Quippi offers a new fee-free alternative to international money transfer services. Quippi international gift cards are available for purchase in the United States and are redeemable by loved ones in leading retailers in Mexico. Quippi cards carry no fees, no commissions, and no other hidden charges for the purchaser or recipient. Quippi is simple: the customer purchases a gift card online or in-store in the US and communicates the Quippi PIN code to the recipient in Mexico via text, email or telephone. The recipient in Mexico can then shop immediately at one of Quippi’s many retail partners. Quippi has 7 partners in Mexico offering products ranging from groceries, clothing, appliances, home goods, educational supplies, health goods and services, and mobile recharge. While Quippi will continue to expand its retail partner network in Mexico, the company plans to expand throughout Latin America and the world!

eMoneyPool

Seed Round in 2014
eMoneyPool is an online money marketplace that specializes in short term savings. It operates as an online community portal for peer-lending groups. It enables its users to pool money each month and take turns receiving the total lump sum. The company offers an online platform that helps people access capital through their social networks and creates a path for individuals to access traditional mainstream lenders by leveraging alternative credit and payment histories. eMoneyPoo was founded by Francisco Cervera in 2012 and is headquartered in Phoenix, Arizona.

Quippi

Seed Round in 2013
Quippi offers a new fee-free alternative to international money transfer services. Quippi international gift cards are available for purchase in the United States and are redeemable by loved ones in leading retailers in Mexico. Quippi cards carry no fees, no commissions, and no other hidden charges for the purchaser or recipient. Quippi is simple: the customer purchases a gift card online or in-store in the US and communicates the Quippi PIN code to the recipient in Mexico via text, email or telephone. The recipient in Mexico can then shop immediately at one of Quippi’s many retail partners. Quippi has 7 partners in Mexico offering products ranging from groceries, clothing, appliances, home goods, educational supplies, health goods and services, and mobile recharge. While Quippi will continue to expand its retail partner network in Mexico, the company plans to expand throughout Latin America and the world!

Kopo Kopo

Series A in 2013
Kopo Kopo enables SMEs to grow and prosper by making mobile money smarter. They enable SMEs to accept, process, and analyze mobile payments in real-time and engage customers using highly targeted, market-appropriate promotional. and loyalty tools. Using existing local infrastructure, Kopo Kopo is accelerating the transition from cash-based economies to digital ones. Kopo Kopo's platform is secure and offers an online dashboard to download statements, view payments, and settle the funds to the bank account, enabling businesses to have an alternative to traditional payment methods. It also offers a suite of ISO/Acquirer tools for merchant acquirers like banks, mobile network operators, and 3rd parties.
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