June 9, 2021International news
Agriculture: The Five Fintechs to Watch In 2021
Agriculture is a business sector that is recovering and improving thanks to Fintech. While also known as Agritech, ‘Fintech within agriculture’ relates specifically to the discipline of financial technology for agriculture businesses.
Some of the most innovative Agritech in the world are the following:
– Figured: Figured’s platform combines planning and resource management tools with accounting software integration, providing farmers with a way to organize and manage their business finances within the unique dynamics of farming.
– Crowde: Crowde provides a peer to peer lending platform between farmers and those wanting to explore new opportunities within agriculture investment. Crowde already has 18,000 customers and 62,000 registered lenders in Asia.
– FarmDrive: With technology that records income and expenses through their mobile phone, farmers can achieve improved creditworthiness
– ProducePay: Founded in 2015, ProducePay is speeding up the cash flow cycle for fresh produce suppliers across the U.S., Mexico and Latin America.
– MyAgro: On a mission to reduce the poverty of small farmers in Africa, MyAgro’s proprietary software Mobile Layaway allows its customers to take prepaid plans for seed and other vital supplies in small increments.
