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 Mexico

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.

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.

Billpocket

Seed Round in 2015
Billpocket is a financial technology company that transforms smartphones and tablets into point-of-sale terminals, facilitating card payments without the need for traditional banking infrastructures. Users can accept debit and credit card payments directly through their mobile devices, simplifying the payment process and eliminating high maintenance fees and complex setups associated with conventional systems. Billpocket's platform also offers the option for customers to convert payments into interest-free monthly installments, while the company charges a fixed commission to sellers. This innovative approach enables a seamless transaction experience for both businesses and consumers.

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.

Konfio

Convertible Note in 2014
Konfio is a financial technology company based in Mexico City that focuses on providing online financial solutions for micro entrepreneurs and small to mid-sized enterprises. Founded in 2013, it offers a range of services including fixed-rate loans, short-term business credits, working capital loans, and online payment solutions. Additionally, Konfio provides a corporate credit card, a loyalty program, and business productivity software tools to enhance growth and operational efficiency. The company aims to support the financial needs of its clients through innovative digital banking solutions and has established itself as a key player in the Mexican fintech landscape.

Quippi

Venture Round in 2014
Quippi Corporation operates as an international shopping card company. It offers gift cards that are sold in the United States and are accepted at retailers in Mexico. The company’s gift card enables its user’s friends or families in a foreign country to spend it at its retail partners. It sells its products through its Website, retail stores, and a network of sales associates. Quippi Corporation was incorporated in 2012 and is based in La Jolla, California. As of October 6, 2015, Quippi Corporation operates as a subsidiary of EMIDA Technologies, Inc.

Quippi

Seed Round in 2013
Quippi Corporation operates as an international shopping card company. It offers gift cards that are sold in the United States and are accepted at retailers in Mexico. The company’s gift card enables its user’s friends or families in a foreign country to spend it at its retail partners. It sells its products through its Website, retail stores, and a network of sales associates. Quippi Corporation was incorporated in 2012 and is based in La Jolla, California. As of October 6, 2015, Quippi Corporation operates as a subsidiary of EMIDA Technologies, Inc.

Clip

Seed Round in 2013
Clip is transforming card acceptance in Mexico by providing portable card-reading hardware and a digital payment platform that enables businesses to accept all credit and debit cards, including contactless payments. The company's solutions allow businesses to turn smartphones or tablets into card terminals, facilitating seamless transactions without the need for complicated paperwork or monthly fees. By focusing on empowering Mexican businesses, Clip helps them increase sales and grow by offering a user-friendly application that simplifies payment acceptance. This approach positions Clip as a vital ally for merchants seeking efficient and accessible payment solutions.

Salud Facil

Seed Round in 2013
Salud Fácil provides financing for patients at the base of the economic pyramid to gain access to healthcare and medical services at low interest rates. Salud Fácil finances all types of medical procedures addressing the need for quality and affordable care in a market where out-of-pocket healthcare costs represent 52% of total healthcare costs (highest in OEDC) and only 5% of the population can afford private insurance.

Clip

Seed Round in 2013
Clip is transforming card acceptance in Mexico by providing portable card-reading hardware and a digital payment platform that enables businesses to accept all credit and debit cards, including contactless payments. The company's solutions allow businesses to turn smartphones or tablets into card terminals, facilitating seamless transactions without the need for complicated paperwork or monthly fees. By focusing on empowering Mexican businesses, Clip helps them increase sales and grow by offering a user-friendly application that simplifies payment acceptance. This approach positions Clip as a vital ally for merchants seeking efficient and accessible payment solutions.

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.