Accion Venture Lab is an seed stage investment initiative started by non-profit, Accion. It provides capital investments and ongoing strategy consulting for financial technology startups. The company invests in fintech businesses that utilize technology to bring financial services to financially underserved populations in Latin America, Asia, and Africa. Accion Venture Lab announced a new $23M fund in September 2019. This new fund included initial capital contributions from the Ford Foundation, Visa, Inc. and Proparco .
The Nigeria-based Lidya uses a tech-based credit algorithm to loan to small businesses without credit histories.
DemystData is a company that provides data integration technology for financial services.
Self Lender is a credit builder that aims to help users build credit and save money.
SmartMEI is a Brazil-based company.