Fintech in the coffee sector raises $10 mm

Fintech Culttivo, which offers access to credit for coffee producers, has partnered with fund manager Augme Capital to make up to R$50 million ($10mm) available to the platform’s clients. The startup of the financial sector has been operating for two months and has lent R$5 million ($1 mm) to coffee growers in southern Minas Gerais, Cerrado Mineiro and São Paulo State.

Source: Agencia Estado