At Produce Pay, we help farmers feed the world in a sustainable way!
With global population estimates expected to reach 10 billion by 2050 – and consumption levels surging accordingly – the world is facing increasing pressure to answer food demand. The lack of proper access to financing is one of the premiere inhibitors of farm growth, yet it’s one of the least addressed. Produce Pay is confronting this challenge by creating the first ever means of securitizing fresh perishable produce as a financial asset through the use of technology.
ProducePay, an AgTech company focused on strengthening the fresh produce supply chain, has raised $38 million in Series D financing.
ProducePay, the marketplace transforming produce industry into a more connected and sustainable supply chain, teams up with Four Star Fruit.