نورهان فؤاد
- Egypt-based AgriCash closed a pre-seed round led by Alex Angels and strategic investors to expand in Egypt and enter new regional markets.
- The company offers interest-free BNPL services for farmers, free crop insurance, and AI-powered tools to boost productivity.
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AgriCash targets EGP 500 million in business volume by the end of 2025 and plans to launch livestock financing products by 2026.
Egypt-based agri-fintech startup AgriCash has announced the closing of a seed investment round led by Alex Angels, along with participation from several strategic investors. The company has not disclosed the total funding amount.
The new capital will be used to expand AgriCash’s operations in Egypt, enter new regional markets, enhance its digital infrastructure, strengthen its AI-powered tools, and complete integrations with financial and insurance partners.
This move aligns with the company’s broader mission to digitize Egypt’s agricultural sector and promote financial inclusion for small- and medium-scale farmers. AgriCash offers not only financing but also AI-driven agronomic support services, free crop insurance to mitigate risks, and digital marketing tools to connect farmers with local and international markets.
To date, AgriCash has successfully registered over 1,500 active farmers, partnered with 60 certified suppliers, and listed over 750 agricultural products on its platform. The company has also reached more than 100,000 offline farmers through on-the-ground awareness campaigns, helping build trust and boost digital literacy in rural communities.
AgriCash aims to achieve EGP 500 million in business volume by the end of 2025, with future plans to launch livestock financing solutions by 2026. This is part of its vision to build a comprehensive agricultural finance ecosystem that links credit, insurance, technical support, and marketing contributing to the sustainability and competitiveness of Egyptian agriculture.
Founded by Dr. Diaa Youssef and Dr. Mostafa El-Sehli, AgriCash was created to fill the significant funding gap faced by millions of Egyptian farmers, caused by complex banking procedures and the lack of faith-based, compliant financial products.
AgriCash has also introduced an innovative Buy Now, Pay Later (BNPL) model tailored for agriculture, allowing farmers to obtain agricultural and livestock supplies with zero interest for up to 12 months and with a credit limit of up to EGP 3 million.
