Verqor is a Mexican fintech startup revolutionizing agricultural financing by providing accessible credit for inputs and machinery to small and medium-sized farmers, enabling them to modernize operations without complex paperwork. Backed by partners like AB InBev/Grupo Modelo, it connects producers in supply chains to digital loans, often repaid through buyer deductions, while offering crop monitoring data to corporate clients.
Verqor offers tailored financing for fertilizers, agrochemicals, seeds, and equipment, with lines from MXN 300,000 to 1 million, single payments post-harvest, no early repayment penalties, and bundled crop insurance. The streamlined digital process involves registration and document upload, phone-based contract signing, and fund access within 72 hours, featuring automatic renewals and personalized support. It also includes training to optimize technology use and boost sustainability.
Launched around 2020-2021 as Verqor Capital S.A. de C.V., headquartered in Mexico City, the firm has expanded to 9+ states, placed over $5M USD in credits by late 2021, and aims nationwide coverage with logistics networks. Trusted by major agribusinesses, it serves thousands of producers in states like Jalisco, Zacatecas, and Tlaxcala, with plans for proprietary lending and more financial alliances.
Testimonials praise its speed over government options, exceptional service (rated 20/10), efficiency, and problem-solving for inputs, fostering productivity gains. Media highlights its role in transforming Mexican agriculture, targeting 2,000+ farmers for supply to large firms, low-risk model, and social mobility via tech-enabled "modern entrepreneurs." With 31-50 employees in growth stage, Verqor drives equitable rural development through data, financing, and innovation.