(3.6.17) Cointelegraph: FinTech Fund To Pour $141 mln to Aid “Financial Inclusion” in Emerging Markets

By March 6, 2017 Finance, News

Fintech inclusion pool Accion Frontier Inclusion Fund has announced it has raised $141 mln from major global sponsors to improve finance access in emerging markets.

The fund, based in Washington D.C. and run by Quona Capital, will use cash from companies including MasterCard, JPMorgan Chase and Accion itself to assist the three bln citizens “shut out of” the global financial system.

More here.