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An Islamic fintech platform in Egypt that provides Murabaha-based trade financing for wholesale and retail MSMEs, enabling merchants to buy inventory on installments without a bank account.
AGEL is an Islamic fintech platform in Egypt that helps wholesale and retail merchants (MSMEs) buy and sell goods on credit using Sharia-compliant Murabaha (cost-plus financing).
Key capabilities include:
Available on Android (mobile app).
Targeted at a B2B2C merchant network, primarily wholesale and retail traders in Egypt, with an initial focus on clothing and accessories.
Notable in the Egyptian market as a locally built Islamic fintech for MSME trade credit; the company was founded in 2021, operates in Cairo and Alexandria, and reported seven-figure pre-seed funding in 2023 from investors including Plus Venture Capital, Seedstars International Ventures, Flat6Labs, SEEDRA Ventures, and the Banque Misr Acceleration Program. For support or sales inquiries, contact info@agel.io.
As of May 11, 2026, AGEL is rated 4.0 on Google Play from 109 reviews with 10K+ installs.
DD Dave found 2 key people at AGEL, including 1 Founder, and 1 C-Suite spread across 2 countries. See how we get product data
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DD Dave found that AGEL has raised $2.2M across 4 rounds, backed by 5 investors. Their latest round was a Seed in Jun 2023. See how we get product data
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