Accion Ventures Secures $61.6 Million Fund to Boost African Fintech Startups Amid Silicon Valley’s Declining Interest
- Accion Ventures announced the final close of its new fund at $61.6 million.
- The investor pool includes Dutch bank FMO, France’s Proparco, and the Ford Foundation.
- Accion plans to invest up to $1 million per startup in early-stage fintech companies.
TechCabal - Sep 8, 2025
With $61.6 million fund, Accion Ventures doubles down on early-stage fintechs
Accion Ventures has successfully closed a $61.6 million fund aimed at supporting early-stage fintech
The growth of Accion Ventures' fund and its focus on African startups indicate a resilient and evolving investment landscape. This could inspire more investors to explore opportunities in the region, especially in fintech, which is becoming increasingly vital for economic development.
