Friday
April 23
2021

Malian Insurtech Startup OKO Raises $1.2 Million for Expansion Across Africa

By Tom Jackson

Malian insurtech startup OKO, which aims to provide smallholder farmers with financial security, has raises US$1.2 million in seed funding for expansion into more African countries.

Founded in 2017, OKO develops affordable mobile-based crop insurance products for smallholder farmers. Accessible to anyone with a phone, claim payments on OKO are automated using satellite data and images.

Photo courtesy of Jerome Bossuet/CIMMYT

Source: Disrupt Africa (link opens in a new window)

Categories
Technology
Tags
agribusiness, agriculture, agritech, financial security, smallholder farmers, technology