Accion

Washington, United States Founded: 1961 • Age: 65 yrs
Foundation focused on early-stage investments in fintech sector

About Accion

Accion is a Government & Social Sector company based in Washington (United States) founded in 1961. Foundation focused on early-stage investments in fintech sector. Accion has completed 1 acquisition, including BancoSol. Its chief executive, as recorded, is Michael Schlein. Its website accion.org draws about 37 thousand monthly visits. Its focus areas include Nonprofits and Foundations.

Company details

Foundation focused on early-stage investments in the fintech sector. It offers a range of services include Microfinance, Digital Financial, Strategic Governance, Product Development and Training and Capacity Building. It develop and scale responsible digital financial solutions for underserved people globally, so they can make informed decisions and improve their lives.

  • Headquarters Washington, United States
  • Sectors
    Government & Social Sector
  • Email
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  • Phone
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  • Website accion.org
  • Social LinkedIn X Facebook
Key Metrics
  • Annual Revenue
    $9.09 K (USD)
    as on Dec 31, 2020
  • Net Profit
    $3.43 (USD)
    -100
    as on Dec 31, 2020
  • Latest Funding Round
    $150K (USD), Grant

    Jul 2010

  • Investors
    HHS

    & 1 more

  • Investments & Acquisitions

Funding Insights of Accion

  • Total Rounds 3
  • Last Round Grant β€” $150,000
  • First Round $1M

    (Sep 2007)

  • Investors Count 2

All 3 funding rounds of Accion with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2010$150,000Grant––
Sep 2008$150,000Grant––
Sep 2007$1MGrant––
Valuation history

2 investors in total: 2 institutional.

Investors in Accion

Accion has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include HHS and U.S. Department of the Treasury.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Public health and human services are overseen by HHS.
1953hhs.gov
The U.S. Department of the Treasury is tasked with formulating and implementing fiscal policy for the United States government.
1789treasury.gov
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Investor details for Accion

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  • Round participation
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  • Co-investor network

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People of Accion

40 people are tracked at Accion (17 in leadership, 15 in board & advisors, 8 in team).

NameRoleGroup
Natasa Goronja
Managing DirectorLeadership
Victoria Taylor White
Managing DirectorLeadership
Chief Regional OfficerLeadership
Michael Schlein
CEOLeadership
Chris Coxon
Chief Communications OfficerLeadership
John Fischer
Chief Investment OfficerLeadership
Victoria White
Managing Director, Accion Global Advisory SolutionsLeadership
Melissa Baez
Chief Administrative OfficerLeadership
Mayada El-Zoghbi
Managing Director, CFILeadership
Amee Parbhoo
Managing Director, Accion Venture LabLeadership
Esteban Altschul
President, Accion Impact ManagementLeadership
Shreyasee Basu
Associate Product Development & Partner EngagementLeadership
Margaret McCorey
Director Human Resources OperationsLeadership
Joe Hamilton
President's CouncilLeadership
Celia Deitz Valdespino
Vice President, Institutional PartnershipsLeadership
Brandie Conforti
Chief Development And Partnerships Officer (cdpo)Leadership
Uday Kumar Jayanthi
Director - Digital Lending & PartnershipsLeadership
Phillip Riese
Board MemberBoard & advisors
Diana L. Taylor
ChairBoard & advisors
Bob Annibale
DirectorBoard & advisors

20 more people are available in the full profile.

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Complete people profiles for Accion

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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Investments & Acquisitions by Accion

Accion has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include BancoSol.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Commercial banking services are provided across Bolivia by BancoSol.
bancosol.com.boLa Paz, Bolivia1986Jul 2017β€’β€’β€’β€’
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Complete acquisition details for Accion

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of Accion

4 dated milestones of Accion across 56 years, from founding to its latest funding, stage changes and deals.

  1. Founded Accion is founded.
  2. Funding First funding round of $1.0M.
  3. Funding Latest funding round, Grant, of $150K.
  4. Acquisition Acquires BancoSol.

Web traffic of Accion

The website of Accion (accion.org) receives about 37.4K visits a month.

  • Monthly visits
    37.4K

    ▲ 11.2% vs previous month

Similar websites

Websites whose visitors overlap most with Accion. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
aofund.org
100%
94K#439,490View details
microcapital.org
95%
View details
iadvancenow.com
94%
6.1K#3,020,275View details
accionusa.org
accionusa.org
93%
–
agfundernews.com
91%
213.6K#218,623View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 20 similar websites and full traffic analytics for Accion

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 20 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in Foundations

3 companies that operate in the same segment as Accion (Foundations) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Humanitarian services are provided by UNICEF in developing countries.
1946United States
Research institute for improving the human condition by turning knowledge into practice
1958United StatesUSD 7.84 M92
Poverty eradication efforts are coordinated by Global Citizen foundation.
2008New York, New York, United StatesUSD 35 M
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Related news about Accion

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Complete news archive for Accion

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Frequently Asked Questions about Accion

Accion was founded in 1961 and raised its 1st funding round 46 years after it was founded.

Accion is headquartered in Washington, United States. It is registered at Washington, District Of Columbia, United States.

Michael Schlein is the CEO of Accion, as recorded in our data.

Annual revenue of Accion is $9.09K as on Dec 31, 2020.

Foundation focused on early-stage investments in the fintech sector. It offers a range of services include Microfinance, Digital Financial, Strategic Governance, Product Development and Training and Capacity Building. It develop and scale responsible digital financial solutions for underserved people globally, so they can make informed decisions and improve their lives.

Accion has made 1 acquisition, including BancoSol.

Accion has 2 investors. Key investors include HHS, and U.S. Department of the Treasury.

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