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Proparco supports fintech startups in developing countries

Fintech
Proparco invested US$2 million in Accion Venture Lab’s new fund, adding together with global nonprofit Accion and a group of third-party impact and commercial investors, $33M to the initial Venture Lab’s capital pool. Since its launch in 2012, Accion Venture Lab has proven itself as a leader in fintech impact investing at the seed stage. This increased capital will allow Accion Venture Lab to further develop its activities in Africa, Asia and Latin America.
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