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# Accion’s new $152.5M fund will back financial institutions serving small businesses globally

**[TechCrunch](https://daily.dev/sources/tc)** · 4 min read · 0 upvotes · 0 comments

## Summary

Accion has launched the Accion Digital Transformation Fund, a $152.5 million fund to support financial institutions serving small businesses and excluded individuals. The fund aims to provide growth capital and strategic support for digital transformation and customer engagement. Accion has a history of promoting financial inclusion and has previously invested in fintech startups through the Accion Venture Lab.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcrunch.com/2024/05/14/accions-new-152-5m-fund-will-back-financial-institutions-serving-small-businesses-globally/>

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Tags: [#digital-transformation](https://daily.dev/tags/digital-transformation), [#fintech](https://daily.dev/tags/fintech)

[View this post on daily.dev](https://daily.dev/posts/accion-s-new-152-5m-fund-will-back-financial-institutions-serving-small-businesses-globally-5mbxrmj0s)

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