Turkish agriculture fintech start-up Tarfin raises $5 mln in Series A round
Turkish agriculture fintech start-up Tarfin has raised $5 million in a Series A round, the company said in a statement on September 21.
The investments were led by Quona Capital, and included Elevator Ventures, Syngenta Ventures, the Collective Spark Fund, and Wamda Capital.
Lead investor Quona Capital said Tarfin has "global applicability" by helping farmers. Elevator Ventures said it sees a "large market potential in other countries for Tarfin's financing solution" by embedding the loan process into farmers' production cycles.
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