Powerbridge announces strategic joint venture to establish Agro Digital Fintech

Powerbridge Technologies has announced a strategic joint venture to establish Agro Digital Fintech, a fintech and asset digitization company focused on the agriculture and livestock farming industries. The Company aims to create a robust digital financial ecosystem that drives value creation and leverages China’s Rural Revitalization Initiative. The Initiative is a long-term development plan aimed at promoting economic growth, improving living standards, and addressing the challenges faced by rural areas in the country, including poverty alleviation, infrastructure development, agricultural modernization, rural entrepreneurship, and improvement of social services. The Initiative is focused on bridging the economic and social gap between rural and urban areas, promoting sustainable agriculture, and enhancing the overall well-being of rural communities. Stewart Lor, CEO of Powerbridge Technologies commented: “We are delighted to launch Agro Digital to leverage on the huge market opportunities by the Initiative in the next few years. By utilizing cutting-edge technologies and fostering financial inclusion, the Company can help empower rural communities and promote sustainable agricultural practices. We believe Agro Digital will contribute to our overall growth and bring values to our partners and investors.”