You are here

AgriCash Secures Seed Funding to Scale AI-Driven Agri-Fintech Platform in Egypt and Beyond

1 day 20 hours ago

Egypt-based agri-fintech startup AgriCash has successfully closed its seed funding round, led by Alex Angels, with participation from a group of strategic regional investors. Though the exact amount remains undisclosed, the funding will be used to scale the company’s operations across Egypt and support expansion into nearby regional markets.

Founded in 2024 by Dr. Diaa Youssef and Dr. Mostafa El-Sehli, AgriCash aims to revolutionize agricultural finance by offering farmers digital tools that go far beyond traditional lending. Its platform integrates AI-powered agronomic guidance, interest-free crop insurance, Buy Now, Pay Later (BNPL) financing, and direct access to both local and international markets.

With over 1,500 active farmers currently onboarded and 60 vetted suppliers already partnered with the platform, AgriCash has made available more than 750 agricultural and livestock products. Through extensive offline outreach efforts, the company has also reached over 100,000 farmers across rural Egypt, helping foster trust in digital solutions and bridging the gap between innovation and traditional farming.

Key plans for the new investment include:

  • Expanding geographically across Egypt and entering new regional markets
  • Finalizing key integrations with banks and insurance providers
  • Upgrading its AI-backed technology infrastructure and platform performance

A standout feature of AgriCash’s offering is its Sharia-compliant BNPL product, designed specifically for farmers. It allows them to access agricultural and livestock inputs interest-free for up to 12 months, with credit ceilings reaching EGP 3 million—a critical step toward enabling liquidity without the burden of traditional loan models.

Looking ahead, AgriCash is targeting EGP 500 million in business volume by the end of 2025, and plans to introduce livestock financing solutions in 2026—further solidifying its role as a comprehensive, end-to-end agri-finance platform.

“This investment is a major milestone on our mission to build a more inclusive and tech-driven agricultural economy,” said Dr. Diaa Youssef, Co-Founder and CEO. “We are committed to enabling Egypt’s farmers with the financial tools and insights they need to thrive, contribute to food security, and build long-term resilience.”

AgriCash directly addresses longstanding pain points in the sector, from the complexity of traditional financing procedures to the lack of Islamic finance alternatives for rural communities. With this new capital injection, the company is well-positioned to accelerate digital transformation in agriculture and play a leading role in reshaping the future of farming in Egypt and the region.

Submit Your News Now Send Your Feedback