Thursday, July 18, 2024


Fintech for Farmers

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For too long, commercial farmers have struggled with securing the finances they need for their farm businesses. Another problem is making sure there are buyers for their produce for every harvest. Los Angeles-based, ProducePay is solving that problem. The fin-tech company is providing financing and trade protections for growers of fresh produce all over the world. ProducePay has raised over $85 million to create the first-ever trading platform for perishable food. It’s like the e-Harmony of produce.

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