South African Startup Pumpkn Secures Investment

 Pumpkn, a South African startup actively addressing the funding gap in agriculture by offering and facilitating financial support for agribusinesses, has raised investment from Renew Capital.

Pumpkn leverages data to make credit assessments of agricultural small and medium-sized enterprises (agri-SMEs). On the other hand, Pumpkn helps lenders easily identify bankable businesses and manage their loan portfolio. Pumpkn’s overall objective is to make agribusiness financing commercially viable for lenders and make loans accessible for agribusinesses. These loans help these businesses to obtain the necessary tools, machinery, and equipment to facilitate their growth.