Cairo-based agri-fintech startup AgriCash has closed a pre-seed funding round led by Alex Angels, supported by strategic investors focused on digital transformation and financial inclusion in agriculture.
Founded by Dr. Diaa Youssef and Dr. Mostafa El-Sehli, AgriCash tackles Egypt’s chronic funding gap for smallholder farmers, who have been excluded from formal finance since 2016 due to religious concerns, bureaucracy, and banking risk aversion. The startup offers an innovative solution: a zero-interest Buy Now, Pay Later (BNPL) model enabling farmers to access inputs and repay after harvest—without debt.
Beyond financing, AgriCash integrates AI-powered advisory support, free crop insurance, and connections to vetted suppliers and market data. This creates a comprehensive ecosystem for Egypt’s rural agricultural community.
Key Milestones:
- 1,500+Â active farmers onboarded.
- 60+Â certified supplier partners.
- 750+Â agricultural products listed.
- 100,000+Â farmers reached via offline awareness campaigns.
“AgriCash merges funding, insurance, and real-time support into one seamless experience,” emphasized CEO Dr. Diaa Youssef.
The new capital will fuel expansion across Egypt, support regional market entry, accelerate AI tool development, and strengthen partnerships with banks and agri-tech players.
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Louay El-Shawarby of Alex Angels praised AgriCash’s “visionary team” and roadmap for scaling, highlighting its potential to become a leading agri-fintech platform in emerging markets.
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