Tarfin uses technology to enhance the agricultural ecosystem and create value for the future.
Tarfin, a pioneering fintech company aiming to provide innovative solutions in the agricultural supply chain, has contributed significantly to the sector's technological development in just two years.
Tarfin's mobile application combines Turkey's traditional agricultural supply channels with technology by digitizing them, allowing farmers to access the farm input they require at the quickest, most accessible, and most affordable prices.
Agricultural technology initiatives are one of the essential starting points for the agricultural sector to achieve the anticipated breakthrough, especially in this recent period when the entire world is on high alert to prioritize the agricultural sector to increase production and efficiency. According to Statista, the sector's volume increased from $ 9 billion in 2020 to $ 12.41 billion in 2022 and is expected to reach $ 22.5 billion by 2025.
The artificial intelligence-powered system enables quick and cost-effective access to agricultural inputs.
For the past two years, Tarfin has been supporting agriculture in Turkey by digitizing traditional supply channels. Developing products that create value for farmers and sales points thanks to its expertise in technology and data science, Tarfin invests in its mobile application to enable farmers to access the agricultural inputs they need at the fastest, most accessible, and most affordable prices. Tarfin assists farmers by providing cash or harvest deferred payment options and the ability to quickly shop for all their agricultural input needs, from fertilizer to diesel, via sales points and mobile applications.
Thanks to the agricultural risk scoring model, the sales process is completed in 3 minutes.
The Tarfin Mobile application, powered by artificial intelligence, provides comparative prices for the most recent agricultural inputs in the regions where farmers are located. In this way, farmers can compare the common Tarfin sales points, where they can find the best prices and easily buy their products with the most suitable payment options. Using the machine learning-based agricultural risk rating models it has created, Tarfin can complete the forward agricultural input sales process in under three minutes. The farmers then pick up the products they need from their chosen point of sale.
"We will continue to support our farmers by diversifying our products with new technologies."
In just two years, Tarfin Mobil has significantly aided the technological advancement of the agriculture industry. Mehmet Memecan, founder and CEO of Tarfin, describes how they invest technology in the services and products they create while stating that more than 250,000 farmers can now receive the agricultural inputs they require at the proper and reasonable price: "As Tarfin, our top priority is to use technology to create products that will aid our farmers and sales points. We employ the most cutting-edge and modern technology on cloud services to ensure that Tarfin services operate continually and effectively. In addition, we work with institutions and industry specialists to ensure the safety of Tarfin systems and data. As Tarfin, we actively use open-source software solutions in our projects and publish the ones we believe would be useful to others as open source on the GitHub platform. We are continuously trying to keep existing projects updated and add new initiatives. On numerous channels, we also continue to contribute fresh perspectives and fixes for the technological challenges we face. Our main objective is to use new technologies to diversify our services and products to establish ourselves as the region's leading digital platform for agricultural supply and to become the closest business partner and supporter of farmers and sales points in every sector they require."
