Quona Capital, a venture capital firm based in Washington and Bengaluru, has closed its second fund with $203 million in commitments, according to a report by Deal Street Asia. The Accion Quona Inclusion Fund originally had a goal of raising $150 million. The fund will...
Mastercard and global non-profit Accion have announced a first-of-its-kind partnership to transform millions of underserved micro and small businesses around the world. Micro-merchants, such as grocers and “mom and pop” stores, operate largely in cash rather than through safe, secure and swift, digitally enabled transactions....
Fifth Third is making changes aimed at accelerating SMBs’ access to its lines of credit. The bank announced Friday (July 7) that it will provide small business borrowers with access to their lines of credit within three to five days. “At Fifth Third, we recognize...
Fifth Third Bank is focusing its SME lending reach through a new partnership with nonprofit lender Accion. Reports late last week said the bank will work with SME lending portal Accion, a nonprofit company, to facilitate the financing of these companies across five states: Florida,...
March 30, 2023
According to the World Economic Forum 2022 Global Gender Gap report, gender parity is not recovering, and it will take another 132 years to close the global gender gap. While this is a bleak outlook for women, Payal Dalal, senior vice president of social impact, international markets, at the Mastercard Center for Inclusive Growth, told […]
March 06, 2020
Quona Capital, a venture capital firm based in Washington and Bengaluru, has closed its second fund with $203 million in commitments, according to a report by Deal Street Asia. The Accion Quona Inclusion Fund originally had a goal of raising $150 million. The fund will set its sights on FinTechs and financial organizations in Africa, […]
November 02, 2018
Mastercard and global non-profit Accion have announced a first-of-its-kind partnership to transform millions of underserved micro and small businesses around the world. Micro-merchants, such as grocers and “mom and pop”...
