Tag: fintech

World Agri-Tech Innovation Summit

October 20, 2020

The World Agri-Tech Innovation Summit takes place each year in London, San Francisco and São Paulo . With more than 41 countries represented in London

Fintech startup Jai Kisan banks $3.9m to give India’s smallholder farmers access to cheaper finance

June 17, 2020

Arkam Ventures led the pre-Series A investment in Jai Kisan, which wants to increase Indian farmers’ access to financial services – and lenders’ access to farmers.

Facebook and Paypal join Google, Tencent to back Indonesian food and payments giant Gojek

June 3, 2020

Facebook’s first investment in an Indonesian company has echoes of its $5.7 billion Jio deal in India earlier this year.

India’s GramCover banks pre-Series A funding for rural insurance network

May 26, 2020

“You have 130 million farmers plus their families who are vulnerable… Traditional urban insurance brokers do not understand [their] needs,” founder Jatin Singh told AFN.

Mercy Corps teams up with tech startups to give farmers a fillip in Myanmar

April 21, 2020

The collaboration brings private-sector tech players into the mix to extend the scope of the NGO’s contract farming program for rice-growing smallholders.

India’s Arya raises $6m pre-series B to help farmers avoid selling grain when it’s cheapest

March 4, 2020

Arya has a warehousing and fintech platform to solve to help Indian farmers avoid selling their grain at the worst time of year — after harvest.

Steward is helping small diversified farms access financing one crowdfunded dollar at a time

January 21, 2020

“One of our first farms in Detroit went from $10,000 in revenue to $80,000 in revenue from our funding. It unlocked so much growth,” Steward CEO told AFN.

ProducePay closes $205m debt financing to launch aggressive scaling campaign

December 10, 2019

The startup is trying to create a clearinghouse for fresh perishable produce products and hopes to expand beyond the US to other top-producing regions.

The pressure is on for environmental accounting in ag. Sprout Accelerator wants to help

November 20, 2019

There’s been no greater pressure for the agriculture industry to account for its environmental footprint than there is today. Sprout is looking for startups approaching this challenge to apply for its accelerator.

Flowhub, Bespoke Financial bring $30m in VC funding to cannabis sector this week

October 24, 2019

Flowhub provides a dispensary management software solution while Bespoke Financial claims to be a first of its kind short-term lender focusing on the cannabis sector.

The Yield Lab LatAm reveals 2nd cohort and increasing diversification among LatAm agrifood entrepreneurs

August 8, 2019

The Yield Lab Latin America (YL) has revealed the startups joining its second cohort based out of Buenos Aires, Argentina where I was lucky enough to meet them during AgTech Week.

India’s DeHaat Raises $2.87m Venture Debt to Launch Financial Services Pilot

May 28, 2019

Farming is expensive and the payout isn’t always guaranteed, but DeHaat hopes to soften the financial stress for its members with new offerings like credit and insurance.

DecisionNext Raises $7m Series A to Forecast Agricultural Commodities Pricing

May 23, 2019

The startup has an SaaS platform that provides users with forward-looking views of commodity markets that they can translate into actionable business decisions.

Tillable’s ‘Hassle-Free Lease’ Offers Landowners Full Upfront Payment in Bid to Modernize Farmland Leasing

May 8, 2019

Farmland owners can now put the headache – and potential financial heartache – in the hands of Tillable with its first-of-its-kind lease arrangement service.

Stable Raises $6m Seed Round to Help Farmers, Traders and Insurers Manage Food Price Risk with FinTech

March 5, 2019

Price volatility is a major risk for producers, buyers, and insurers of agricultural products. Prices can swing by as much as 20% or 30% per year, making it difficult for farmers to manage and plan their businesses and for commodities investors to gauge investment decisions.