Antonio Tiu-led AgriNurture Inc. (ANI) is taking on an ambitious project to integrate financial technology into agriculture.
In a disclosure to the local bourse, ANI on Friday announced that it had inked a memorandum of understanding (MOU) with the Department of Agriculture (DA) and the Authority of Freeport Area of Bataan (AFAB) to extend financial services to farmers and fisherfolk.
ANI aims to establish an Agri-Sector Digitalization Program “through a regulated financial technology platform and licensed virtual currency.” Through its e-commerce platform 1ANI, the country’s farmers and fisherfolk could tap loans and capital needs.
Under the MOU, a branch of an affiliate bank w…
Keep on reading: ANI inks deal to bring fintech to farmers, fisherfolk