Search Results for "Accion"
5 results for "Accion"
Deals 5
Indonesia's Finfra Raises $2.5M to Scale Embedded Lending Infrastructure
Finfra, an Indonesia-based banking platform infrastructure provider, raised $2.5 million in a round led by Cento Ventures with participation from Accion Venture Lab and others. The funding brings total capital raised to $4.3 million. The company provides API-driven infrastructure enabling non-financial platforms to embed lending solutions including loan management, credit scoring, and portfolio analytics.
TransBnk Raises $4M Series A for API-Driven Transaction Banking
TransBnk raised $4 million in Series A funding to scale its API-driven transaction banking infrastructure for BFSI entities. The round was led by 8i Ventures and Accion Venture Lab. The platform integrates with existing banking systems to provide compliant lending, payments, and onboarding services.
Brazil's Dinie Raises $3.8M Seed for API-First Embedded Lending
Dinie, a São Paulo-based API-first embedded lending fintech, raised a $3.8 million seed round co-led by Accion Venture Lab and K50 Ventures. The company also secured $20 million in debt financing from Empirica Investimentos. Dinie embeds credit products into e-commerce platforms like iFood and Elo7 to serve micro, small, and medium enterprises in Brazil.
Quona Capital closes $203M fund for financial inclusion fintech in emerging markets
Quona Capital closed a $203 million fund sponsored by Accion, targeting financial inclusion-focused fintech companies in emerging markets. The fund aims to back startups providing embedded finance and digital financial services to underserved populations. This represents significant capital flowing into BaaS and embedded finance infrastructure in developing economies.
Upstart Launches White-Label AI Lending Platform with Multiple Bank Partners
Upstart announced "Powered by Upstart," a white-label AI lending platform enabling banks to run their own branded lending programs. Launch partners include First National Bank of Omaha, First Federal Bank of Kansas City, and Accion Chicago. The program allows banks to leverage Upstart's AI risk modeling while maintaining their own credit policies, positioning Upstart as a BaaS-style collaborator. Existing partners Customers Bank and its BankMobile division had already launched Upstart-powered credit card products.