Nearly four years ago, when Accion Venture Lab made its first investment, we set out to fill a seed-stage funding gap for innovative financial inclusion startups around the world. Venture Lab was a new initiative of Accion, our parent organization that has worked for 50 years to build a financially inclusive world. We believed then (as we do now) that those startups could play a significant role in leveraging technology to improve the quality of and access to financial services for the underserved. Since then, Venture Lab has invested in 24 startups worldwide. We’ve built a diverse portfolio of companies covering a range of services — including credit, payments, savings, and insurance — that are sold both directly to consumers and small businesses, and to existing financial institutions to increase their reach and efficiency.
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https://medium.com/global-entrepreneurship-summit/future-of-fintech-for-financial-inclusion-seven-trends-were-watching-dc59aeae12ac
