fbpx

AgUnity

AgUnity is a social enterprise to digital empower smallholder farmers

Summary

AgUnity is a fintech innovation company that connects a variety of organizations, especially working in developing countries, by building a platform that caters to their long-term basic problems. It is a reliable solution to the elementary issues including- lack of a platform that creates a digital identity for more than two million last mile farmers globally, their inability to establish their creditworthiness, poor or lack of connectivity which results in absolute ignorance to any digital exposition, and inaccessibility to vital goods and services.

AgUnitys’ global technology platform empowers thousands of organizations working toward the UN Sustainable Development Goals to connect with ‘the last mile’ farmers and communities. This customised smartphone & OS solution serves as a technological ecosystem; providing the people living and working with remote food supply chains with practical, accessible tools to connect, establish effective lines of communication and ensure an ethical, accountable means of trade.

History

The foundations of AgUnity were laid down by David Davies and his co-founder when they met at a hackathon at a tech conference in London in 2016. They presented “the biggest world changing idea” by conceptualizing a low-cost smartphone that would ensure digital inclusion of the remote and rural communities worldwide. While the blockchain concept was still in its nascent stages back then, they envisioned it to be the basis for their secured transaction record system.

Now after five years, they are an award-winning technology provider that have integrated digitization with farming, streamlining the supply chains for the remote communities globally.
Services

AgUnity creates a cooperative platform that deals remotely with farmers (and even related businesses) to understand their needs and challenges, presents sustainable solutions and provides access to digital resolutions.
Its user-friendly platform is trustworthy and engages users in a simplified way. In addition, it provides a convenient and dependable way to transact, giving an exposure to even those who have limited access to digital opportunities.
Its expertise in maintaining a bankable platform where individual transactions are sent to the cloud that can handle any amount of the transaction volume. A blockchain ledger keeps a check on every transaction to ensure they are not tampered with. In addition, it offers local caching of any transaction done with limited or no network connectivity, until it improves.

Services And Products

It delivers its services in excellent collaborations with community traders, service providers and agencies that are tenable and serve the ‘last mile’ communities well.

To create a financial and digital inclusion of rural communities, especially in emerging markets, AgUnity’s smartphone helps establish efficient lines of trade, thereby, increasing the transparency issues in the food chains. Besides this, it enables a digital KYC, progress parameter review using a survey applet, and secures the living income data at one place.

It also offers an Android compatible “Super-App” to harness the potentials in the untapped market. While catering to farmer’s challenges, it promptly helps other related (or even unrelated) businesses with the favorable solutions.
In addition, AgriUT tokens are issued by AgUnity to its customers through blockchain. This helps in rewarding the producers and farmers in the remote, providing a responsible and an ethical way to stay connected with the technological world, besides ensuring a trustworthy chain of purchase.

Vision and Mission

AgUnity envisions making a global influence on the issues that drive poverty, or are driven by it, in the most remote communities across the world (the ‘last mile’ communities). It aims to provide access to mobile money, credit-worthiness, insurance and digital inclusion, fostering broad economic growth, and creating an ecosystem of sustainable community growth and development.

With a mission of establishing a base for farmers that can handle the online transactions and orders happening around, especially during unusual circumstances, like COVID-19 lockdowns. This is to make sure that the farmers are least affected by the frameshift in consumers’ choices and behavior. Further, this is to avoid any disruption in the food supply chain, and provide a convenient access to healthy and fresh food, and other products from within the comforts of customers’ homes.

Team

David Davies, Founder and CEO

David is the founder of two successful startups, and has more than a decade’s experience in senior roles for global investment banks, like Goldman Sachs, Lehman Bros, and Standard Chartered, to name a few.

Stefan Barret, CTO

With more than 20 years’ experience in financial solutions, Stephan was a Vice President at Nomura & Lehman Banks, where he designed platforms for enterprise-grade transactions.

Keith Nielsen, CPO

With 25+ years of experience in working in Tier-1 investment banking, Keith has been a successful founding member of Fintech startups previously.

Petra Schneider, CCO

Petra has dedicated more than 30 years of her career in sustainable development, specially at the grassroot levels, in communications and impact media. She is also a founding member of large Indonesian NGO

Angus Keck, COO

Encompassing a decade’s experience in the food retail sector and sustainable development programs, Angus has led in ICT roles for about 8 years.

Jay Jayeshwaran, CRO

Jay has 15+ years of experience across a multitude of industries at senior management and board level, particularly in strategy, capital raising and business development.

Nurvit Kristofikova, Program Director

Nurvit has been consulting for NGOs and international development agencies for large scale projects for more than 15 years.

References

https://bethesdagreen.org/be-green-business/innovation-lab/portfolio-companies/agunity/
https://journalofcyberpolicy.com/2021/09/14/award-winning-fintech-innovator-agunity-puts-real-impact-in-the-palm-of-the-consumer/
https://www.linkedin.com/in/daviesdavid/
https://www.agunity.com/
https://twitter.com/xisonscom?lang=en
https://www.agunity.com/blog/making-smartphones-relevant-for-the-worlds-poorest-farmers-an-interview-with-david-davies
https://www.terrapinn.com/exhibition/planet-biometrics/speaker-david-DAVIES.stm
https://www.globalaginvesting.com/15-minutes-david-davies-ceo-founder-agunity/
https://foodmatterslive.com/food-tech-matters/
https://www.einnews.com/pr_news/527285928/australian-fintech-agunity-wins-investment-of-200-000-to-empower-smallholder-farmers