Bushel
“Can the workflow software behind US grain origination become the embedded bank for American farmers?”
Founded2011
HQFargo, ND, USA
Latest roundGrant, $3.5M
IndustryVertical SaaS / Agriculture
The story
Bushel started as a mobile app studio (Myriad Mobile) in Fargo, ND, then narrowed onto agriculture, becoming the workflow layer for grain buyers and ag retailers. It now powers >50% of US/Canadian grain origination and has expanded from portals/CRM into embedded finance — digital payments, a Bushel Wallet backed by The Bancorp Bank, and lending integrations with CFA and Agri-Access. The strategic bet is becoming the payments and financial layer of the grain economy.
Product timeline
2011
Founded as Myriad Mobile / Myriad Devices, later rebranded Bushel· founding
2022
Acquired FarmLogs, rebranded as Bushel Farm· acquisition
2025
Partnered with Cooperative Finance Association (CFA) to embed digital wallet for cooperative lending· lending
2026
Launched Mobile Check Deposit inside Bushel Wallet via Bushel Business Account with The Bancorp Bank, N.A.· banking
Acquisitions
The stack
3 layers disclosed in Bushel’s embedded-finance stack
Payments / PSP
Bushel Wallet (self-operated)
Lending
in the full report
Sponsor bank
in the full report
Accounting gap: none
5 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.