The Ugandan fintech startup Emata has successfully secured $2.4 million in seed funding, earmarked for the expansion of its digital agricultural loan services across East Africa, with a primary focus on Uganda and potential growth into Tanzania. Emata specializes in providing automated loans to smallholder farmers, effectively addressing the significant agricultural financing gap within the region by offering loans at rates five times more affordable than informal lending alternatives. The company has developed a digital platform that streamlines the lending process and is deeply integrated