The US International Development Finance Corporation (DFC) on Tuesday said it is planning to extend a $10-million loan to Accial Capital’s fintech fund, which has a target size of $100 million.
Accial Capital is an impact-focused, tech-enabled investor which provides loans to small businesses in Latin America and Southeast Asia. It has backed several prominent startups in Southeast Asia, including Indonesia’s Investree and Pinktek and Singapore-based Rainforest.
Printed by Unregistered user on Sat, 28 Jan 2023 20:15:42 GMT
