Agel - آجل

Agel is Egypt’s First Islamic Fintech; aiming to provide alternative financing solutions that cater MSMEs unique needs. The startup aims at reshaping the traditional financial services business model, operational model, and customer experience to unlock a unique finance avenue for MSMEs, with a core proposition of availing industry-agnostic merchandise credit limit for Merchants within Agel network in a manner that is Digital, Cashless, and Sharia compliant, aligning with the UN Global SDG goals and Egypt’s 2030 plan towards financial inclusion and sustainability.

Agel's goals are: - Empowering MSMEs growth, - Accelerating Financial Inclusion, - Eradicating Informal Economy, - Raising Financial literacy.

Founded: 2021

Industries: B2B, Financial Services, Fintech, Lending, and Investments

Headquarter: Egypt

Last Investment: Pre Seed Round investment at 21 June 2023

Last Investment Investors: Flat6Labs, Seedra Ventures, Banque Misr, Seedstars, Plus Venture Capital