Nigerian agri-FinTech Winich Farms secures Pre-Series A funding

June 16, 2025

Nigerian start-up Winich Farms, a fast-growing agri-FinTech company, has secured new investment as part of its Pre-Series A round.

The funding was led by DisrupTech Ventures, an Egypt-based early-stage FinTech fund. This marks DisrupTech’s first pan-African investment.

Winich Farms, based in Lagos, is tackling major issues in Nigeria’s agriculture sector, notably market fragmentation and financial exclusion. Although agriculture accounts for 21% of Nigeria’s GDP and provides employment for millions, smallholder farmers—who represent 80% of the sector and generate 90% of its output—are often disconnected from modern supply chains and financial services.

The company operates a digital platform that connects over 180,000 smallholder farmers directly with off-takers such as processors and small retailers. This system removes the need for multiple intermediaries, allowing farmers to retain more of their earnings. Winich also runs a wide agent network across 29 of Nigeria’s 36 states to support aggregation and logistics, all without owning any physical infrastructure.

Beyond market access, Winich is enabling financial inclusion through its Winich Cards, which help transition farmers away from cash-based transactions. By creating digital payment histories, farmers can build financial records that improve their eligibility for credit. Winich also partners with the Kebbi Agricultural Research Development Agency (KARDA) to deliver credit and agronomic advisory services aimed at boosting productivity.

With this new capital, Winich plans to strengthen its operations, empower more farmers, and explore expansion opportunities both across Africa and into the MENA region.

Mohamed Okasha, managing partner at DisrupTech Ventures, said, “Our investment in Winich reflects our conviction in the potential of Nigeria’s agri-fintech sector and the scalability of its model. Winich is not only solving real problems for smallholder farmers but doing so with a scalable model. Agriculture is also core to Egypt’s economy, and we look forward to sharing insights and best practices between both markets as Winich grows across the continent.”

Winich Farms CEO and co-founder Attai Riches said, “We are excited to welcome DisrupTech Ventures on board as we enter our next phase of growth. Their experience in scaling early-stage fintechs will be invaluable as we strengthen our operations, empower more farmers, and explore expansion opportunities across Africa and beyond.

“This partnership reinforces our vision to build a more inclusive and efficient agricultural value chain, starting from Nigeria and reaching out to global markets.”