Investor directory

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.

Focus

Credits and LendingLatin AmericaSouth AmericaCredit BureauRetail LendingShow more
http://accion.org
https://crunchbase.com/organization/venture-lab
https://facebook.com/accion.international
https://linkedin.com/company/accion
https://twitter.com/accionvlab
https://www.capitaliq.com/CIQDotNet/company.aspx?companyId=36434085
https://www.privateequityinternational.com/database/#/profile?id=7594
Room 1008, Building 3 Wan Da Plaza No. 93 Jianguo Road Chaoyang District, Beijing, China

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 Retail Lending

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.

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.

Credright

Venture Round in 2021
CredRight Private Limited operates a data-driven lending platform focused on providing credit to unserved and underserved micro, small, and medium enterprises (MSMEs) in India. Founded in 2016 and based in Hyderabad, the company leverages technology, particularly rotating savings and credit associations (ROSCAs) and chit funds, to build credit profiles for applicants. This allows users to access transparent and timely loans. The platform simplifies the application process, enabling users to register online, upload necessary documents, and apply for loans within minutes. Credit evaluation is conducted within 24 hours, and funds are typically disbursed to bank accounts within three days, all from the convenience of the applicant's home or office. CredRight aims to ease the challenges faced by small business owners in accessing capital and to transform the way small businesses are funded in India.

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.

Lend Street Financial

Series A in 2018
Lend Street Financial, Inc. specializes in consumer lending solutions aimed at individuals facing financial difficulties. The company assists clients in refinancing existing debt and offers negotiation services with creditors to secure discounts on their debts. This enables customers to reduce their overall financial burden while working towards rebuilding their credit. Founded in 2010 and headquartered in Oakland, California, Lend Street serves various states, including Arizona, California, Florida, and Texas, among others. By establishing partnerships within the financial sector, the company is able to provide valuable support to those seeking to regain control of their financial lives.

Credright

Seed Round in 2018
CredRight Private Limited operates a data-driven lending platform focused on providing credit to unserved and underserved micro, small, and medium enterprises (MSMEs) in India. Founded in 2016 and based in Hyderabad, the company leverages technology, particularly rotating savings and credit associations (ROSCAs) and chit funds, to build credit profiles for applicants. This allows users to access transparent and timely loans. The platform simplifies the application process, enabling users to register online, upload necessary documents, and apply for loans within minutes. Credit evaluation is conducted within 24 hours, and funds are typically disbursed to bank accounts within three days, all from the convenience of the applicant's home or office. CredRight aims to ease the challenges faced by small business owners in accessing capital and to transform the way small businesses are funded in India.

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!

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. Founded in 2014 and based in Reston, Virginia, the company offers a lending-as-a-service platform designed to enable community banks and credit unions to provide business loans. Its product offerings include term loans, business bonds, and both secured and unsecured small business loans. StreetShares aims to facilitate increased lending to small businesses by leveraging technology that empowers banks, credit unions, and non-financial organizations in their lending processes. The company has received recognition for its innovative approach and contributions to the business lending landscape.

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. Founded in 2014 and based in Reston, Virginia, the company offers a lending-as-a-service platform designed to enable community banks and credit unions to provide business loans. Its product offerings include term loans, business bonds, and both secured and unsecured small business loans. StreetShares aims to facilitate increased lending to small businesses by leveraging technology that empowers banks, credit unions, and non-financial organizations in their lending processes. The company has received recognition for its innovative approach and contributions to the business lending landscape.

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. Founded in 2014 and based in Reston, Virginia, the company offers a lending-as-a-service platform designed to enable community banks and credit unions to provide business loans. Its product offerings include term loans, business bonds, and both secured and unsecured small business loans. StreetShares aims to facilitate increased lending to small businesses by leveraging technology that empowers banks, credit unions, and non-financial organizations in their lending processes. The company has received recognition for its innovative approach and contributions to the business lending landscape.

Lend Street Financial

Seed Round in 2015
Lend Street Financial, Inc. specializes in consumer lending solutions aimed at individuals facing financial difficulties. The company assists clients in refinancing existing debt and offers negotiation services with creditors to secure discounts on their debts. This enables customers to reduce their overall financial burden while working towards rebuilding their credit. Founded in 2010 and headquartered in Oakland, California, Lend Street serves various states, including Arizona, California, Florida, and Texas, among others. By establishing partnerships within the financial sector, the company is able to provide valuable support to those seeking to regain control of their financial lives.

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. Founded in 2014 and based in Reston, Virginia, the company offers a lending-as-a-service platform designed to enable community banks and credit unions to provide business loans. Its product offerings include term loans, business bonds, and both secured and unsecured small business loans. StreetShares aims to facilitate increased lending to small businesses by leveraging technology that empowers banks, credit unions, and non-financial organizations in their lending processes. The company has received recognition for its innovative approach and contributions to the business lending landscape.