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Closed Business and Other Services US Foreign Aid

Digital Invest Accion Venture Lab

$1.95M USD

Funder U.S. Agency for International Development
Recipient Organization Accion International
Country World
Start Date Aug 23, 2021
End Date Jan 04, 2025
Duration 1,230 days
Number of Grantees 4
Roles Recipient
Data Source US Foreign Aid
Grant ID 218343-76
Grant Description

This partnership was launched under USAIDs Digital Invest program, a partnership initiative between USAIDs Innovation, Technology, and Research Hub, the Gender Equality & Women's Empowerment Hub (GenDev), and the State Department, under the U.S. Digital Connectivity and Cybersecurity Partnership (DCCP).

The Digital Invest program has two objectives: 1) Support the sustainable growth and expansion of competitive internet service providers (ISPs) in emerging markets, and 2) Support the sustainable growth and expansion of competitive financial technology companies in emerging markets.

With this Fund, Accion Venture Lab (AVL) aims to invest in earlier stage and higher risk fintech companies in less developed geographies and fintech ecosystems, while continuing to prioritize women-owned-and-operated and locally-owned-and-operated startups.

All Grantees

Accion International

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