Africa: Accion Venture Lab Launches U.S.$23 Million Inclusive Fintech Startup Fund

Accion Venture Lab--the seed-stage investment arm of non-profit Accion--has raised $23 million for a new inclusive fintech startup fund.

The Accion Venture Lab Limited Partnership, as its called, will make seed-stage investments in inclusive fintech startups, defined as ventures that "that leverage technology to increase the reach, quality, and affordability of financial services for the under-served at scale," per a company release.

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