# FMO's Fintech Investments: 13 Startups in Its Portfolio (2026) > The 13 Fintech startups FMO has backed, by stage: $1.2B raised between them. From the rounds we track; updated nightly. Source: https://millionrounds.com/portfolio-maps/fmo-fintech-portfolio (Millionrounds; every figure on the page links to its filing or article) ## Stage not reported 7 - [Lendable](https://millionrounds.com/company/lendable) - [InCred](https://millionrounds.com/company/incred) - [Accion](https://millionrounds.com/company/accion) - [Frontclear](https://millionrounds.com/company/frontclear) - [Nomanini](https://millionrounds.com/company/nomanini) - [*F* Fido](https://millionrounds.com/company/fido) - [Credrails](https://millionrounds.com/company/credrails) ## Series B 4 - [Twinco Capital](https://millionrounds.com/company/twinco-capital) - [Yoco](https://millionrounds.com/company/yoco) - [Ecofy](https://millionrounds.com/company/ecofy) - [*VC* Validus Capital](https://millionrounds.com/company/validus-capital) ## Series A 2 - [HUB2](https://millionrounds.com/company/hub2) - [Ftcash](https://millionrounds.com/company/ftcash) ## Segment by segment ### Stage not reported 7 startups · $558M raised - [**Lendable**](https://millionrounds.com/company/lendable) Lendable Ltd is a British fintech company based in London, specializing in digital consumer lending and personal finance solutions. United Kingdom $283M - [**InCred**](https://millionrounds.com/company/incred) InCred is a financial services platform that simplifies the lending process for personal, education, and business loans. India $147M - [**Accion**](https://millionrounds.com/company/accion) Accion is on a mission is to improve the lives of underserved people by building innovative and responsible financial solutions. United States $85M - [**Frontclear**](https://millionrounds.com/company/frontclear) Frontclear is a financial markets development company focused on catalyzing stable Netherlands $30M - [**Nomanini**](https://millionrounds.com/company/nomanini) Fintech SaaS platform to deliver digital financial services to the informal retail trade. South Africa $6.5M - [*F* **Fido**](https://millionrounds.com/company/fido) Ghana $5.7M - [**Credrails**](https://millionrounds.com/company/credrails) Credrails is a women-led fintech startup based in Nairobi, Kenya, founded in 2020. Kenya $2.0M ### Series B 4 startups · $596M raised - [**Twinco Capital**](https://millionrounds.com/company/twinco-capital) Twinco Capital is a sustainable supply chain finance solution that specializes in purchase order financing for large corporates an Spain $422M - [**Yoco**](https://millionrounds.com/company/yoco) Yoco is a South African fintech company that specializes in point-of-sale payment hardware and software solutions for small and me South Africa $118M - [**Ecofy**](https://millionrounds.com/company/ecofy) Ecofy is a green-only NBFC in India, offering financial solutions for eco-friendly initiatives, including loans, leases, and insurance. India $41M - [*VC* **Validus Capital**](https://millionrounds.com/company/validus-capital) Singapore $15M ### Series A 2 startups · $16M raised - [**HUB2**](https://millionrounds.com/company/hub2) HUB2 is a fintech startup that provides payment infrastructure and interoperability solutions across Francophone Africa. Côte d’Ivoire $8.4M - [**Ftcash**](https://millionrounds.com/company/ftcash) ftcash is a rapidly growing financial technology venture in India, founded in 2015 and incubated by PayPal. India $7.2M **How this map is made.** Every startup here works in Fintech and has raised money in a round we track that names FMO as an investor. Each sits under the stage of its latest round. Rebuilt nightly; updated 15 November 2026. ## More portfolio maps [All portfolios](https://millionrounds.com/portfolio-maps) [Portfolio map **FMO portfolio map** 42 startups · $3.0B](https://millionrounds.com/portfolio-maps/fmo-portfolio-map)[Sector portfolio **InnovationQuarter's Biotech portfolio** 10 startups · $185M](https://millionrounds.com/portfolio-maps/innovation-quarter-biotech-portfolio)[Sector portfolio **Y Combinator's AI portfolio** 1,143 startups · $44B](https://millionrounds.com/portfolio-maps/y-combinator-ai-portfolio)[Sector portfolio **Y Combinator's Fintech portfolio** 338 startups · $24B](https://millionrounds.com/portfolio-maps/y-combinator-fintech-portfolio)[Sector portfolio **Techstars' AI portfolio** 336 startups · $4.9B](https://millionrounds.com/portfolio-maps/techstars-ai-portfolio)[Sector portfolio **Alumni Ventures' AI portfolio** 302 startups · $36B](https://millionrounds.com/portfolio-maps/us-strategic-tech-fund-an-alumni-ventures-fund-ai-portfolio) ## Raising from investors like FMO? 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