Accion

Accion is a global nonprofit organization founded in 1961 and headquartered in Cambridge, Massachusetts. It focuses on increasing access to financial tools and services for underserved individuals and small businesses to promote financial inclusion. Accion catalyzes financial service providers to deliver affordable, high-quality solutions at scale, thereby helping communities thrive. The organization supports innovative fintech startups through its investment initiative, Venture Lab, which invests in early-stage companies that enhance financial access and improve service quality. Venture Lab provides both capital and strategic support, facilitating growth and operational efficiency for its portfolio companies. By engaging industry leaders and regulators, Accion challenges the financial sector to become more inclusive, ultimately working towards a world where everyone has the opportunity to improve their financial well-being.

Matthieu Albrieux

Investment Officer

Tahira Dosani

Managing Director, Accion Venture Lab

Shannon Dwyer

Investment and Portfolio Associate

John Fischer

Chief Investment Officer

Rachel Morpeth

Senior Associate, Global Investments

Livingston Parsons

Chief Financial Officer

Alex Qian

Investment Professional

Paul Rasmussen

Investment and Portfolio Associate

Michael Schlein

President and Chief Executive Officer

Radhika Shroff

Deputy Chief Investment Officer, Gateway Fund, Accion Global Investments

Coryell Stout

Investment Professional

Past deals in Andes

R5

Seed Round in 2022
Grupo R5 Ltda operates R5, provides mortgages loans and insurance policy using assets, such as cars and motorcycles as collateral to customers in Bogota, Medellin, Cali, and Bucaramanga. It enables users to buy and provides consulting services online. The company was founded in 2018 and is based in Bogotá, Colombia.

HENRY

Seed Round in 2020
Henry trains software developers for free and helps them find a job in exchange for a share of their future income. The company is based in Buenos Aires, Argentina.

Destácame

Series A in 2019
Destácame SpA develops and markets a credit-ranking service that gives customers an account of their credit rating. The company is based in Santiago, Chile.

ESCALA EDUCACION

Seed Round in 2017
ESCALA EDUCACION S.A.S offers employees of its business partners savings plans to facilitate access to higher education and education for their children. The company also offers vocational support, enrollment discounts in higher education institutions, provides scholarships for education. The company provides savings plans coupled with company matching funds, tuition discounts, career counseling, and other education benefits. ESCALA EDUCACION S.A.S was founded in 2015 and is based in Medellin, Colombia.

Destácame

Seed Round in 2017
Destácame SpA develops and markets a credit-ranking service that gives customers an account of their credit rating. The company is based in Santiago, Chile.

Destácame

Seed Round in 2016
Destácame SpA develops and markets a credit-ranking service that gives customers an account of their credit rating. The company is based in Santiago, Chile.

Tiaxa

Series F in 2012
TIAXA provides innovative financial services to people across the globe, with a particular focus on financial inclusion through mobile technology. Each day, Tiaxa provides more than 2 million Nano-Credits through users'​ mobile Operators in 14 countries including Argentina, Bangladesh, Cambodia, China, Colombia, Ecuador, Mexico, Peru, and the Philippines. Tiaxa also provides the mobile telecommunications market with infrastructure, clearinghouse and revenue enhancement services, improving the efficiency with which the current prepaid user base is managed, and increasing revenues for Operators around the world, including China Telecom, Telefónica Movistar, America Móvil and Smart Communications.