Accion, a pioneer and leader in global microfinance, today announced the launch of Venture Lab, an initiative dedicated to providing seed capital and management support to financial inclusion start-ups worldwide.
The USD10 million programme will seek out companies that have completed research and development and are at the pilot/first-revenue stage. Investments will typically be in the range of USD100,000-USD300,000, invested either as convertible debt or equity.
To read the full, original article click on this link: New seed capital for financial inclusion start-ups | BiztechAfrica Business, Telecom, Technology & IT News Africa
