Abstract:
A revolution in agribusiness must happen to meet the goal of sustainable development. Many
Agri Tech companies are still researching how to incorporate Financial Technology (FinTech)
into their business models and how to manage the financial risks associated with the entire
Agri supply chain. FinTech's wider impact on the farmer community aids in democratising the
economics of agriculture. AgriTech and the agricultural industry are both growing as a result
of FinTech and its integration with digital technology and digitalized agriculture. When there is
a proper integration with the Internet of Things (IoT), artificial intelligence (AI), machine
learning (ML), big data, and encrypted blockchain technology, fintech embraces the power of
cooperation and improves transaction security. Agriculture funding development may have
stagnated for a variety of reasons, but FinTech has the ability to resurrect it and advance global
food security. Arguably, agriculture financing growth has stalled for many reasons, while
financial technology (FinTech) has the potential to offshoot the expansion of agriculture
financing so that global food security could be stimulated. Meanwhile, agriculture in different
parts of the world is hindered by an ineffective, underdeveloped downstream segment and
low access to financial technology. FinTech could promote agricultural sustainability. The
financial sector is critical in allowing agriculture to contribute to economic growth and poverty
reduction. This paper provides an integrated review and smart approaches to follow in de-
risking agriculture for farmers.
