Visa and Prudential contributed to a $23m co-investment fund that was launched by Accion Venture Lab alongside $10m more from Accion.

Accion, a US-based non-profit organisation focusing on financial inclusion, has quadrupled the size of its seed-stage investment initiative, adding $33m from investors also including payment services firm Visa and insurance group Prudential. Accion Venture Lab has launched a $23m co-investment vehicle backed by third-party investors and has separately received a $10m investment from Accion. It…

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