Tag: Accion

FlexiLoans bags $34.5m for empowering MSMEs in tier 2 and Tier...

FlexiLoans, an innovator in India's digital lending space, has announced a successful equity raise of $34.5m in its latest Series C funding round.

Indonesian microfinance company Amartha secures $17.5m

Indonesian microfinance technology company, Amartha, has received a $17.5m equity investment from the Accion Digital Transformation Fund.

Northern Arc secures $80m boost from IFC, enhancing financial inclusion in...

Northern Arc, a diversified non-banking financial company (NBFC), proudly announces securing an investment of $80m from the International Finance Corporation (IFC), a member of the World Bank Group.

Credit Mantri said to raise around $8m in new funding round

India-based Credit Mantri has reportedly collected INR 6 crore ($800,000) from IDG Ventures, Elevar Equity and Accion.

Quona Capital closes sophomore FinTech fund on $203m

Quona Capital, a venture capital firm aiming to boost financial inclusion in emerging markets, has closed its sophomore fund on $203m.

LendStreet closes $7m Series A, lands $110m in debt financing

LendStreet, an online consumer debt restructuring and consolidation platform, has closed a $7m Series A round and landed $110m in debt financing.

Quona Capital’s Accion Frontier Inclusion Fund closes with $141m

Early growth-stage fintech investor Quona Capital and non-profit firm Accion have reach a final close of $141m on their financial inclusion-focused fund.

Aye Finance picks up $10.3m to expand small business lending

Small business lender Aye Finance has raised $10.3m in a Series B round led by LGT IV. Existing backers SAIF Partners and Accion also contributed to the round.

Zoona pulls in $15m for mobile financial services

South African mobile FinTech firm Zoona has raised $15m in a round led by the International Finance Corporation (IFC), a division of the World Bank Group.

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