Investments
4 Investments in 4 Companies
Exits
No Exits Found in CrunchBase
Headquarters:
Boston, MA
Description:
Seed Capital
Website:
http://www.accion.org/venturelab

Detailed Description

Update

Venture Lab is an investment initiative that provides patient seed capital and support to innovative financial inclusion start-ups, fostering experimentation and promoting business models that improve financial access for people living in poverty worldwide.

Since these start-ups traditionally lack access to capital and assistance, Venture Lab provides flexible financial and non-financial support to suit the needs of each investee enterprise, as follows: - Investment: We will typically invest U.S. $100,000 to $500,000 in equity or quasi-equity instruments, depending on the circumstances. We welcome opportunities to co-invest with like-minded investors and bring others to the table, particularly for later-stage investment into portfolio companies. - Support: Venture Lab prefers to be an active investor and bring to bear the people and resources of the global Accion network to maximize the chance of success. In addition to day-to-day support from the Venture Lab team, investee companies may get connected to Accion’s in-house technical experts (technology, risk management, etc.), microfinance teams and customers from partner institutions around the world, and the global banking and investing community.

Current Team (6)

Update

Investments (4)

Update
  • 42141ff04e5eb5c9e69efdd2f3be848c

    PayClip

    PayClip enables users to accept card payments at any time by turning their smartphone or tablet...

    $1.5M  / Seed with 3 other investors

    May 28, 2013 - Seed Round Details
  • F963801736446a77c48d35b6b3a94b16

    Varthana

    Varthana provides loans and support for affordable private schools. They are a Non-Banking...

    undisclosed amount  /

    May 9, 2013 - Round Details
  • A3970a9b69e84759fd07547daa10626d

    SaludFÁCIL

    Credit for all kinds of surgery or medical treatment.

    undisclosed amount  /

    May 8, 2013 - Round Details
  • Qllvwxw0zky94vhwemi6

    Coda Payments

    Coda Payments offers a convenient way for customers to make purchases online using their pre- or...

    undisclosed amount  / Series A

    May 7, 2013 - Series A Details

Offices/Locations (1)

Update
  • Accion Headquarters

    56 Roland Street

    Suite 300

    Boston, MA 02129

    USA