GFTN Capital and Accion announce a strategic alliance to advance inclusive FinTech and responsible innovation for underserved communities globally

 

Singapore and Washington D.C., 12 November 2025GFTN Capital Pte. Ltd. (GFTN Capital), a growth-equity venture firm under the Global Finance & Technology Network (GFTN), today announced a strategic alliance with Accion, a global nonprofit that supports innovative financial service providers in building a more inclusive world. 

 

This alliance is aimed at mobilizing capital for digital finance and inclusive FinTech companies serving the world’s financially underserved communities. GFTN Capital and Accion will bring together leading industry stakeholders to advance solutions on emerging opportunities in inclusive finance and fuel the growth of innovative companies delivering high-quality financial products at scale, helping drive financial inclusion globally. 

  

Headquartered in Singapore, GFTN Capital leverages GFTN’s global ecosystem of innovators, entrepreneurs, policymakers, and investors that spans more than 130 countries. The firm intends to provide investors with early access to emerging, high-growth FinTech companies. It will support its portfolio companies with strategic capital, market insights, and valuable connections to an established network of industry stakeholders across the world. 

 

“GFTN’s strength lies in its ability to translate its global network into impact,” said Neil Parekh, Deputy Chairman, GFTN. “We engage year-round with entrepreneurs, innovators, and policymakers in finance and technology. Our work advances digital public infrastructure, inclusive FinTech, and green innovation with a focus on the Global South. Collaborating with Accion, a global leader in inclusive finance, lets us bring this expertise to the underserved, where it matters most. Together, we are channelling capital and expertise to support companies that innovate for people, not just for profit.” 

 

“Accion is proud to partner with GFTN Capital to speed up the next generation of inclusive FinTech,” said Michael Schlein, President and CEO of Accion “Despite progress, 1.6 billion people remain poorly served or excluded from the financial system. By combining GFTN’s unparalleled network with our record in advancing inclusive finance, we are building a platform to scale solutions that extend opportunity to those left out of the formal economy.”  

 

GFTN and the Center for Financial Inclusion, a think tank housed at Accion, also plan to co-host the 2026 Responsible Finance Forum in Singapore. The forum aims to advance dialogue and create practical frameworks for responsible innovation and digital inclusion. 

 

Concluding on the partnership’s broader impact, Sopnendu Mohanty, Group CEO of GFTN, said: 

“This partnership represents how GFTN Capital will bridge global investors and innovators to drive finance with purpose. Accion brings deep expertise in responsible finance, and together we are aligning capital with impact to redefine how innovation can build equitable and sustainable growth. Our shared goal is to make inclusion the driving force of innovation, not a side effect.” 

 

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For media enquiries:  
  
Preeti Dawra  
Chief Communications Officer  
Global Finance & Technology Network  
preeti.dawra@gftn.com   

 

About the Global Finance & Technology Network (GFTN) 

The Global Finance & Technology Network (GFTN) is a not-for-profit organisation established by the Monetary Authority of Singapore (MAS). With offices across Singapore, SEA, Japan, MEA, and Europe,  GFTN’s mission is to bridge policy, capital, and technology to build resilient, efficient, and inclusive financial systems. GFTN operates via its commercial subsidiaries, GFTN Services and GFTN Capital. GFTN Services, through GFTN Connect, hosts global forums across five continents to bring together industry leaders, innovators, and policymakers from over 150 countries. GFTN Solutions provides advisory services, technology solutions, and capacity-building support to governments and the private sector. GFTN Capital will be a venture capital firm investing in growth-stage FinTechs globally. For more information, please visit www.gftn.co 

 

For media enquiries: 
Chris Coxon 

Chief Communications Officer, Accion 

ccoxon@accion.org  

 

About Accion 

Accion is a global nonprofit on a mission to create a fair and inclusive economy for the nearly two billion people who are failed by the global financial system. We develop and scale responsible digital financial solutions for small business owners, smallholder farmers, and women, so they can make informed decisions and improve their lives. Through targeted investment strategies, advisory solutions, and expert thought leadership, we work with local partners to develop and scale cheaper, more accessible, and customer-friendly financial solutions. Since 1961, Accion has helped build 285 financial service providers serving low-income clients in 77 countries, reaching 478 million people. More at https://www.accion.org   

 

About the Center for Financial Inclusion  

The Center for Financial Inclusion (CFI) is an independent think tank housed at Accion that uses rigorous research and advocacy to advance inclusive financial systems for low-income people around the world. More at https://www.centerforfinancialinclusion.org.  

 

Disclaimer 

The information provided here is for informational purposes only and does not constitute an offer, solicitation, recommendation, or advice to invest in any securities or financial products, or to enter into any transaction. The information herein may not be relied on in any manner as accounting, legal, tax, investment, regulatory or other advice. The recipient should consult its own attorney, business adviser, and tax adviser as to legal, business, tax, and related matters concerning the information contained herein. No investment decisions should be made based on this information. 

 

Nothing contained herein is, or should be relied upon as, a promise or representation as to the external conditions or circumstances under which Accion, GFTN Capital, GFTN or any other person or entity will operate (including, without limitation, overall market conditions, technology developments, regulatory developments, strategic alliances, and other matters outside the control of such parties). Overall, the recipient must not rely upon any matters described herein.  This announcement does not subject Accion, GFTN Capital, GFTN or any other person or entity referred to herein to binding obligations. 

 

No part of this announcement, nor the fact of its distribution, shall form the basis of or be relied upon in connection with any contract whatsoever.  

 

This announcement and the information contained herein is not intended for and may not be distributed to, or used by, any person or entity in any jurisdiction or country where such distribution or use would be in contravention of any applicable law or regulations or which would subject Accion, GFTN Capital, GFTN or any other person or entity referred to herein to any registration requirement within such jurisdiction or country. The distribution of this announcement in other jurisdictions may be restricted by law and persons into whose possession this announcement comes should inform themselves about, and observe, any such restrictions. 

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