Accion launches its digital transformation fund for financial institutions serving small businesses excluded from the financial system.

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Accion has launched the Accion Digital Transformation Fund, a $152.5 million fund to support financial institutions serving small businesses and excluded individuals. The fund aims to provide growth capital and strategic support for digital transformation and customer engagement. Accion has a history of promoting financial inclusion and has previously invested in fintech startups through the Accion Venture Lab.

Accion’s new $152.5M fund will back financial institutions serving small businesses globally