Company Information

Get to know FarmDrive

Founded in 2014 by Rita Kimani and Peris Bosire, FarmDrive is a data analytics company that leverages mobile technology, satellite imagery, and agricultural data to create comprehensive credit profiles for smallholder farmers who lack a formal financial history. The company's mission is to bridge the credit gap for these farmers by providing financial institutions with the tools and data needed to assess risk accurately and extend loans. By transforming agricultural data into an understandable format, FarmDrive aims to unlock capital for the agricultural sector and foster financial inclusion.

Industry

Technology Software DevelopmentPRIMARY
Financial Other Service

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FarmDrive

Kenya

Founded in

07 Mar 2014 (12 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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(180 reviews)

Cyprus

2017

(9 years)

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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.