Agrofin leverage open banking and real-time analytics (AI) to provide customized financial solutions for farms. Farmers access loans and grants in minutes, rather than waiting for months with our new generation Farm Scoring System.

Agrofin leverage open banking and real-time analytics (AI) to provide customized financial solutions for farms. Farmers access loans and grants in minutes, rather than waiting for months with our new generation Farm Scoring System.

We currently have 2 full-time employees and 2 freelance support members in our team. The open banking features of our product have been successfully completed. These features include displaying all bank accounts on a single screen, monitoring and reporting of account transactions, ERP integration for accounting and tax transactions. We are planning to launch our product at this stage, but the launch has not been realized yet. In the second phase, it is aimed to process the data obtained, make evaluations such as credit score, business score, carbon score and offer banking and insurance products, micro loans for agricultural inputs and technology products and installment options in accordance with these scores. These features are currently under development. So far, 8 farms that have shown interest in our product are on our waiting list. In Finland, we are in ongoing discussions with Nordea, as well as partnering with MTK and ProAgria. MTK is a major NGO with 316,000 farmer members in the region, while ProAgria is a specialized NGO working with Nordea on farm management. We are in discussions with open banking API integration providers Plaid, Yapily and Enable Banking to bring our product to market, but we face cost challenges and are seeking investment.