Accion

Accion, established in 1961, is a global non-profit organization headquartered in Cambridge, Massachusetts. Its mission is to provide access to financial tools and services for underserved individuals, small businesses, and communities, enabling them to grow and thrive. Accion achieves this by catalyzing financial service providers to deliver affordable, high-quality solutions at scale. The organization supports these providers through advisory services, targeted coaching, and startup support, as well as providing high-caliber governance through board oversight. Additionally, Accion invests in and supports innovative fintech startups that drive financial inclusion through its Venture Lab initiative. This involves providing flexible financial and non-financial support, including investment capital and strategic operational assistance, to seed-stage startups leveraging technology and new business models to improve access to, and the quality of, financial services for the underserved.

Njord Andrewes

Managing Partner, Accion Digital Transformation Fund

Nethra Bhat

Director and Senior Investment Officer

John Fischer

Chief Investment Officer

Sebastian Gasman

Principal, Latin America

Paolo Limcaoco

Principal, Accion Venture Lab

Amee Parbhoo

Managing Partner, Accion Venture Lab

Rahil Rangwala

Managing Partner, Accion Venture Lab

Michael Schlein

CEO and President

Raliat Sunmonu

Vice President and Program Manager, MEA

Adelina Dasso

Partner, Latam

Past deals in Indonesia

MyRobin.id

Seed Round in 2022
MyRobin.id is an end-to-end talent hub based in Jakarta, Indonesia, that connects businesses with pre-screened, quality workers on flexible contracts, including both long and short-term options. Launched in 2019, the company has developed a hiring intelligence platform designed to streamline the employee-employer matching process. This platform efficiently allocates workers based on their experience, skills, and location, while also managing associated paperwork, attendance tracking, payments, and insurance. By simplifying the hiring process, MyRobin.id enables clients to access a convenient and hassle-free solution for their workforce needs.

Pintek

Series A in 2021
Pintek is a financial technology company focused on enhancing access to education in Indonesia by offering affordable and flexible credit solutions. The company provides a range of financing services, including bailouts, working capital loans, installment plans, and investment funding specifically tailored for educational institutions. Pintek's non-collateral repayment program allows clients to secure loans for academic purposes with ease, thereby facilitating a more inclusive educational environment. Through its innovative approach, Pintek aims to alleviate financial barriers for students and educational providers alike.

Pintek

Venture Round in 2020
Pintek is a financial technology company focused on enhancing access to education in Indonesia by offering affordable and flexible credit solutions. The company provides a range of financing services, including bailouts, working capital loans, installment plans, and investment funding specifically tailored for educational institutions. Pintek's non-collateral repayment program allows clients to secure loans for academic purposes with ease, thereby facilitating a more inclusive educational environment. Through its innovative approach, Pintek aims to alleviate financial barriers for students and educational providers alike.

Pintek

Seed Round in 2020
Pintek is a financial technology company focused on enhancing access to education in Indonesia by offering affordable and flexible credit solutions. The company provides a range of financing services, including bailouts, working capital loans, installment plans, and investment funding specifically tailored for educational institutions. Pintek's non-collateral repayment program allows clients to secure loans for academic purposes with ease, thereby facilitating a more inclusive educational environment. Through its innovative approach, Pintek aims to alleviate financial barriers for students and educational providers alike.

Coda

Series A in 2013
Coda Payments Pte Ltd. is a Singapore-based company that specializes in mobile payment solutions, enabling customers to pay for online digital content and services via their mobile devices. Established in 2011, Coda facilitates monetization for digital content providers across more than twenty emerging markets, partnering with publishers of popular games and streaming platforms to enhance payment acceptance. The company operates Codapay, allowing users to make payments directly on various websites and Codashop, a platform visited by over 11 million users monthly for topping up digital services. Coda also collaborates with e-commerce and telecommunications partners to offer diverse payment options, including direct carrier billing and various alternative channels. Its operations span multiple countries, including Indonesia, India, and Brazil, ensuring that digital content providers receive timely payments through a secure and versatile monetization platform.
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