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.

Njord Andrewes

Managing Partner, Accion Digital Transformation Fund

Paarul Dudeja

Investment Director - Asia

Sebastian Molina Gasman

Investor

Ashley Lewis

Director, Africa - Accion Venture Lab

Paolo Limcaoco

Principal, Accion Venture Lab

Amee Parbhoo

Managing Partner, Accion Venture Lab

Vikas Raj

Managing Director, Accion Venture Lab

Michael Schlein

President and CEO

Raliat Sunmonu

Vice President and Program Manager, MEA

Past deals in Indonesia

MyRobin.id

Seed Round in 2022
MyRobin.id is a recruitment platform for hospitality and restaurants where employers post job vacancies and post it to social media. Qualified candidates get notifications and apply for work and they are directly connected with the employers for a job interview and scheduling. MyRobin.id was founded in 2019 and is headquartered in Jakarta, Indonesia.

Pintek

Series A in 2021
Pintek is a financial technology company aiming to democratise access to education in Indonesia through affordable and flexible credit.

Pintek

Venture Round in 2020
Pintek is a financial technology company aiming to democratise access to education in Indonesia through affordable and flexible credit.

Pintek

Seed Round in 2020
Pintek is a financial technology company aiming to democratise access to education in Indonesia through affordable and flexible credit.

Coda

Series A in 2013
Coda Payments Pte Ltd. is a Singapore-based company that provides mobile payment solutions for online digital content and services, primarily targeting emerging markets. Established in 2011, Coda enables digital content providers to monetize their offerings through a variety of payment channels. The company is known for its integration with popular gaming titles such as PUBG Mobile and Call of Duty: Mobile, as well as streaming services like beIN and Bigo Live. Users can make payments through its platform Codapay, which offers direct carrier billing and access to a wide network of alternative payment options. Additionally, Coda operates Codashop, a platform frequented by over 11 million users monthly for topping up games and services. The company collaborates with various e-commerce, telecommunications, and super app partners to enhance access to premium digital content. Coda Payments serves clients across numerous countries, including Indonesia, India, Brazil, and Egypt, and maintains a presence in Singapore, Jakarta, and Bangkok.
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