Thrive agric not paying. Jul 8, 2025 · Conclusion African Ag-FinTech is not dead.

Thrive agric not paying Have questions about working at Thrive Agric? Read answers to frequently asked questions to help you make a choice before applying to a job or accepting a job offer. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Launched in beta at the end of 2016 and to the public early last year, Thrive Agric is designed to crowdfund investments for smallholder farmers and provide […]. Apr 4, 2023 · Thrive Agric defaulted in paying me and other investors on successful investment cycles that have completed without a hitch. Thrive Agric, on the other hand, has gained new trust from investors even after months of turbulence coupled with the COVID-19-induced drought that almost took The rate at which the Y Combinator incubated startup, Thrive Agric is changing the narrative (not in a good way) shows that its founders, Uka Eje and AYODEJI ARIKAWE have no idea on how to run a Jun 2, 2021 · Building on its work to boost food security in Nigeria through technology-driven agricultural services, Thrive Agric has launched a 1-year project to support 50,000 smallholder farmers growing rice, maize, and soybean. As part of its commitment to strengthening agricultural value chains in the country, including for these three staple crops, the USAID-funded West What are pay increases like at Thrive Agric? Thrive Agric reviews January 3, 2024 Pros Don't follow the crowd but be part of a community. The November subscriber meetings held on Friday and Saturday, 6 & 7 November 2020, on a live Zoom call led by Adia Sowho, CEO and Ayo Arikawe, co-founder of Thrive Agric. Register for Tekedia Mini-MBA edition 19 (Feb 9 – May 2, 2026): big discounts for early bird. Thrive Agric has launched Feb 14, 2018 · Nigerian startup Thrive Agric is using a crowdfunding platform to provide farmers with the finance they need to grow their businesses and offer ordinary people the chance to invest in agriculture. May 7, 2021 · Thrive Agric chief executive officer, Adia Sowho, said the investment company has completed payment to investors after failing to make payment to investors. They promised that they will release an official statement to that effect with modalities on how to pay back investors. Oct 7, 2020 · Thrive Agric, a Nigerian agro-crowdfunding platform that offeres attractive returns within a stated period for cash investments has come under the spotlight for not paying some of the investors the promised returns. May 8, 2021 · In a world where the Ponzi scheme thrives unabatedly, people are hasty to judge and call out investment companies that delay or outright fail to pay returns to their investors. May 8, 2021 · Agro-investment platform, Thrive Agric has completed its overdue payment to its crowdfunders and investors in Nigeria after a year. The estimated total pay for a Business Manager at Thrive Agric is NGN 500,000 per month. com Sep 21, 2020 · In recent months, despite successfully completing these farm cycles, Thrive Agric and its founders Uka Eje and Ayodeji Arikawe have refused to pay its investors. Salaries posted anonymously by Thrive Agric employees. ThriveAgric | 23,938 followers on LinkedIn. The company experienced financial hardship due to the See full list on techcabal. Building the largest network of profitable farmers across Africa! | Building the largest network of profitable farmers across Africa! Sep 30, 2024 · Agriculture is not an easy sector, especially for young people, but the opportunities are vast if we stay focused. We are a fast-growing agricultural technology company passionate about ensuring food security. Do business with Thrive Agric and its founders, Uka Eje and Ayodeji Arikawe at your own peril Thrive Agric defaulted in paying me and other investors on successful investment cycles that have completed without a hitch. It is simply evolving. With multiple cases now, the startup is even finding it difficult to return subscribers' capital despite being insured. Thrive Agric has reportedly not paid their investors since March 2020. Sep 28, 2024 · Thrive Agric was founded in 2017 and initially focused on crowdfunding agricultural projects in Nigeria. From the mistakes of early pioneers like Thrive Agric, FarmCrowdy, Apollo Agriculture to the innovation of VunaPay, one thing is clear: the future belongs to platforms that combine finance, technology, trust, and empathy for the farmer. Where we thrive in warmth that says we are not alone, a community not just by blood, bond ,similarities but shared vision, values and vigor that's ready and willing to come to life through action. The estimated total pay for a Risk Analyst at Thrive Agric is NGN 122,500 per month. This comes as part of Thrive Agric’s commitment to strengthen agricultural value chains in the country, including for these three staple crops. Yes, not many people would be open to invest new resources, bringing the business model into paralysis. Jun 1, 2021 · Abuja-based agritech startup Thrive Agric has launched a one-year project that aims to support 50 000 smallholder farmers that grow rice, maize, and soybean in Nigeria. A few weeks to my maturity date, Thrive Agric contacted me that my payment will be delayed due to issues they were having with their off-takers. With the current imbroglio surrounding Thrive Agric, aggrieved subscribers can’t help but wonder if they haven’t fallen prey to one such scheme. How much does Thrive Agric pay in Nigeria? Want to know what employees earn at Thrive Agric? Take a look at Thrive Agric salary structure in Nigeria below to help you increase your bargaining power during the interview. In the past few weeks, the company has fallen into troubled times. We're enabling agriculturefirst, for the farmer. Jul 8, 2025 · Conclusion African Ag-FinTech is not dead. Do business with Thrive Agric and its founders, Uka Eje and Ayodeji Arikawe at your own perilUpdate: Thrive Agric finally paid me the last of my money after 219 days. Oct 5, 2020 · Thrive Agric, a crowdfunding platform for farmers launched in 2017 by Uka Eje, is in trouble for allegedly holding investors at ransom. With the subscribers saying that Thrive Agric owes them almost N50 million, the ultimate goal now is for the agritech startup to pay them. “People are entitled to these opinions,” Thrive Agric says. Mar 22, 2023 · However, a food-sustainable Africa can be only achieved when there are joint efforts to unlock the full potential of agriculture from the community – agricultural enthusiasts, investors, FMCGs, agribusinesses and you. Over time, the company shifted towards a comprehensive "Agricultural Operating System" (AOS), providing farmers with financing, data-driven insights, and market access to improve efficiency and transparency. Aug 19, 2019 · Farmcrowdy, Thriveagric, Agrecourse are some of the best Agric investment platform to choose from,they offer high ROI for investors. What are pay rises like at Thrive Agric? Thrive Agric reviews 3 January 2024 Pros How much do Thrive Agric employees make? Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. We are a Venture & Innovation Platform Advancing the Food & Agriculture Industries We work with leading corporations, startups, universities, and growers to solve the biggest challenges facing the food and agriculture industries. May 6, 2021 · Thrive Agric has fully completed the payment of returns due to crowdfunders on its investment platform. Oct 7, 2020 · Much ado about Thrive Agric's delay in paying subscribers | Canal+ acquires 6. Mar 24, 2022 · Nigerian agritech start-up ThriveAgric goes from social media bashing to over $56 million in funding to help restructure and take it back to profitability. Founded in 2016 by Ayo Arikawe and Uka Eje, the company recognized the significant challenges faced by smallholder farmers in Nigeria, including limited access to finance, quality inputs, and reliable Oct 6, 2020 · Akinyemi invested N710,000 in farms under Thrive Agric, an agric-tech company, in March and April with the promise of recouping over N800,000 in September. Oct 6, 2020 · Six months ago, Nigerian agro-crowdfunding platform, Thrive Agric, started defaulting on payments. Unfortunately, the subscribers are unwilling to wait for the 24 months timeline the startup hopes to settle all payments. That has earned it the trust of investors Jun 22, 2025 · Thrive Agric: Empowering Farmers with Technology Thrive Agric, a Nigerian-based agritech startup, has positioned itself as a vital bridge between farmers and access to essential resources. Sep 20, 2020 · Some observers are of the opinion that many agric investment platforms are innovative Ponzi schemes. May 7, 2021 · Thrive Agric investors have received their complete investment in the company's farming business a year after the agric-tech firm failed to meet its obligation to individuals who subscribed to its investment offer. Oct 8, 2020 · Unless Thrive Agric could raise money, and pay these investors, it could be in real troubles as the loop has been broken. 5/5 stars to their company. A free inside look at Thrive Agric salary trends based on 1 salaries wages for 1 jobs at Thrive Agric. Thrive Agric pay FAQs Are Thrive Agric employees satisfied with their compensation? Thrive Agric employees attributed a compensation and benefits rating of 3. Africa is blessed with arable land, and agriculture represents a significant portion of the GDP in many countries. Abuja, NIGERIA—Building on its work to boost food security in Nigeria through technology-driven agricultural services, Thrive Agric has launched an ambitious 1-year project to support 50,000 smallholder farmers growing rice, maize, and soybean. The USAID-funded West Africa The following sections cover Thrive Agric’s progress and updates since the last subscriber meeting held on 9 & 10 October 2020. Oct 2, 2020 · Agric investments on Thrive Agric mature between 3 to 9 months and returns range from 6 percent to 25 percent. We empower smallholder farmers, leveraging our technology to access finance, and improve productivity & sales to promote food security. The startup has been accused of not paying investors as promised even though it had updated them on the progress of their crowd-funded projects and on all farming activities and expected returns before the harvest. Oct 5, 2020 · A group of over 100 investors owed by Abuja-based digital agro-investment firm, Thrive Agric, has asked the platform to pay nearly N50 million owed in overdue investments or face legal action. 5% of Multichoice | Here are the 2020 Nobel Prize winners - Our Work We leverage technology to provide profitable support for smallholder farmers across Africa, to strengthen the agriculture value chain towards increasing food production. pnp lbg2em 6sd lu igw qyqlt tayte mi0ak wp fgtld