Croptell is a fintech startup founded in 2022, headquartered in the United States. The company's mission is to revolutionize crop finance for local agricultural banks and their farm customers through streamlined lending solutions powered by data science. By providing tools to enable banks to expand their loan portfolio, enhance risk management, and optimize capital allocation, Croptell aims to support the growth of banks while ensuring a more competitive loan offer, satisfied customers, and improved efficiency ratios. Additionally, this approach leads to a more profitable crop loan business. As of 13 November 2023, Croptell secured a $250.00K Debt Financing investment. This investment will likely contribute towards furthering the company's mission and expanding its technological and financial capabilities in the agriculture and fintech sectors. As Croptell continues to gain traction in the industry, potential investors may find the company's innovative approach to agricultural finance and data-driven solutions appealing for future investment opportunities.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Debt Financing | $250.00K | - | 13 Nov 2023 | |
Seed Round | $325.00K | - | 16 May 2023 |
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