AgriCash raises seed round to drive inclusive agri-fintech innovation in Egypt
Founded by Diaa Youssef and Mostafa El-Sehli in 2024, AgriCash provides farmers with a digital financing platform offering AI-powered agronomic insights, crop insurance, BNPL financing, and access to markets.
The new capital will help scale operations across Egypt and expand into regional markets, enhance its AI-driven infrastructure and finalize integrations with key insurance and financial partners.
AgriCash's flagship product includes a Buy Now, Pay Later (BNPL) model tailored for farmers, offering interest-free access to agri and livestock supplies for up to 12 months, with credit ceilings of EGP 3M.
The startup aims to reach EGP 500 million in business volume by 2025, and launch livestock financing in 2026, cementing its position as an end-to-end agri-finance platform.
Press release:
AgriCash, the Egypt-based agri-fintech company transforming agricultural finance through digital innovation, has announced the successful close of its seed funding round. Alex Angels led the round, and a group of strategic investors also participated. While the investment amount remains undisclosed, the fresh capital will support AgriCash's plans to scale its operations within Egypt and expand to new regional markets.
Founded by Dr Diaa Youssef and Dr Mostafa El-Sehli, AgriCash is on a mission to modernise and democratise access to financial services for Egypt's underserved farming community. The company offers an integrated platform that provides farmers not only with financing but also with AI-powered agronomic insights, zero-cost crop insurance, and tools to access local and global markets.
With more than 1,500 active farmers onboarded and partnerships with 60 certified suppliers, AgriCash has listed over 750 agricultural products on its platform. Through offline outreach efforts, the company has also reached 100,000+ farmers across rural Egypt, promoting trust and accelerating the digital transformation of the sector.
The newly raised funds will be used to:
Expand AgriCash's reach across Egypt and into regional markets
Finalize key integrations with financial institutions and insurance providers
Enhance its AI-driven platform and technical infrastructure
Among its most innovative features is a Buy Now, Pay Later (BNPL) model tailored to the needs of agricultural and livestock producers. This Sharia-compliant offering allows farmers to access essential supplies interest-free for up to 12 months, with credit ceilings reaching EGP 3 million.
AgriCash is targeting EGP 500 million in business volume by the end of 2025 and plans to launch livestock financing products in 2026, further developing its end-to-end agricultural finance ecosystem.
'This round marks a pivotal milestone in our journey to build a more inclusive, tech-enabled agricultural economy,' said Dr Diaa Youssef, Co-Founder and CEO of AgriCash. 'We believe that empowering small and medium-scale farmers with the right tools and financial access will drive sustainable development across Egypt's agricultural value chain.'
AgriCash's platform addresses persistent challenges in the farming sector, including complex loan procedures and the lack of Sharia-compliant financial alternatives. With this latest funding, the company is well-positioned to deepen its impact, improve productivity, and foster resilience across Egypt's agricultural landscape.
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