Egypt-based AgriCash, an agri–fintech startup focused on empowering smallholder farmers, has closed its pre-seed investment round, led by Alex Angels and several strategic backers. The funding will fuel the company’s mission to bring financial inclusion, productivity, and digital transformation to Egypt’s agricultural sector.
Founded by Dr. Diaa Youssef and Dr. Mostafa El-Sehli, AgriCash addresses a massive pain point: the lack of accessible, ethical, and flexible financing for millions of Egyptian farmers.
Bridging a Long-Ignored Gap
Since 2016, traditional agricultural lending in Egypt has steadily declined. Complex regulations, religious constraints around interest-based loans, and the banking sector’s risk-averse approach have left many farmers without access to essential funding.
AgriCash steps in with a unique approach:
- ✅ Interest-free Buy Now, Pay Later (BNPL) model
- ✅ Repayment only after harvest—no interest, no hidden fees
- ✅ Zero-debt burden for farmers
This financing model empowers farmers to access seeds, fertilizers, and equipment without falling into debt traps.
Beyond Financing: A Full-Service Digital Ecosystem
AgriCash doesn’t stop at providing capital. It’s building a comprehensive platform that helps farmers grow, protect, and market their produce more efficiently.
Here’s what the platform offers:
- ✅ AI-powered technical support to improve yield and productivity
- ✅ Free crop insurance to protect against unexpected losses
- ✅ Market access to connect farmers with certified suppliers and buyers
- ✅ Digital literacy and awareness campaigns to bring more farmers online
The impact so far is promising:
- 1,500+ active farmers onboarded
- 60 certified suppliers in the network
- 750+ agricultural products listed on the platform
- 100,000+ offline farmers reached through community engagement
Driving Inclusive, Tech-Enabled Agriculture
According to CEO Dr. Diaa Youssef, “AgriCash is the first fully integrated agri-finance system that merges funding, insurance, and technical support into one seamless experience.”
The platform connects farmers not just to inputs, but to an entire ecosystem—banks, exporters, insurers, and agri-tech experts—all through one app.
Louay El-Shawarby, Co-Founder of Alex Angels, added: “AgriCash is tackling a massive unmet need with a visionary team and a clear plan for regional growth.”
What’s Next?
With the new capital, AgriCash plans to:
- Expand operations across Egypt
- Enter new regional markets strategically
- Accelerate its tech roadmap, including next-gen AI support tools
- Scale its user base while enhancing platform features
These steps are part of AgriCash’s larger mission: to become the leading agri-fintech platform in emerging markets, championing sustainability, inclusion, and farmer empowerment.