News & Press

We’re thrilled to announce that Ripple is contributing a catalytic $15 million to Accion Opportunity Fund!

San Jose, CA – August 18, 2025 – Accion Opportunity Fund (AOF), a leading nonprofit lender and advocate for underserved small businesses in the United States, is proud to announce the appointment of Michael Schlein as Chair of its Board of Directors. Michael joined the organization’s Board in 2020 following the combination of Opportunity Fund and the Accion…

San Jose, California, July 8, 2025 – Accion Opportunity Fund (AOF), a leading non-profit small business lender, is pleased to announce the appointment of John Foxgrover as Chief Capital Officer. In this pivotal role, John will lead the organization’s capital markets strategy, focusing on raising debt capital to accelerate AOF’s growth and move the organization…

Accion Opportunity Fund (AOF), a leading non-profit small business lender, is pleased to announce the appointment of Elizabeth Ross-Ronchi as its new Chief Marketing, Product Strategy, and Communications Officer.

Platform aims to boost small business financial stability and loan readiness.

In response to the devastating wildfires that have ravaged Southern California, Accion Opportunity Fund (AOF) is proud to announce the launch of the Rebuild Southern California Small Business Relief Fund.

Gopi Billa, Principal at Deloitte Consulting LLP, and Karthik Venkataraman, Chief Operating Officer at Accion, join a diverse group of dedicated Board Members across sectors committed to advancing economic mobility for underserved small business owners.

Small business growth is an economic imperative.

Accion Opportunity Fund is pleased to announce it was awarded a new $60 million allocation under the U.S. Treasury Department’s New Markets Tax Credit (NMTC) program. 

Patny, formerly a C-Suite executive at Covalto and American Express, will oversee the nonprofit’s portfolio strategy and growth for small business owners across the country.