September 25

Brazilian Startup Nagro Raises $49 Million

By Juliane Butty

Agro fintech Nagro raised $49M in equity and debt to provide credit solutions for rural producers. Kinea Ventures and Revolution, a fund of Oasis Ventures participated in the round.

With this funding, Nagro will invest in its two main verticals: credit analysis and risk monitoring, with its platform Agrisk, and fully digital credit allocations.

Photo courtesy of Michael Callaghan.

Source: LatamList (link opens in a new window)

Investing, Technology
agtech, digital inclusion, fintech, lending, microfinance, MSMEs, smallholder farmers, startups