Company Information

Get to know GrowAgric

GrowAgric was established as a crowdfunding platform with a mission to bridge the financing gap for smallholder farmers in Africa. The model allowed individuals to sponsor farming projects by providing capital for essential inputs like seeds, fertilizers, and insurance. In return, sponsors were promised a share of the profits after the produce was harvested and sold. The company aimed to boost food security and empower local farmers through technology-driven financing. However, in 2021, the company faced significant operational challenges, leading to a halt in investor payouts and the suspension of new funding cycles.

Industry

Financial FundraisingPRIMARY
Financial Other Service

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GrowAgric

Kenya

Founded in

2020 (6 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.