XchangeBox, Nigerian agri-fintech startup, has emerged winner of the 8th edition of “Catapult: Inclusion Africa”, a continental accelerator programme that spotlights innovative startups advancing financial inclusion across Africa.
The five-day bootcamp, held in Nairobi, Kenya, brings together leading African fintechs building scalable solutions that expand access to finance for underserved communities. Organised by the Luxembourg House of Financial Technology with support from ADA, a non-governmental organisation, and the Luxembourg Government, the initiative focuses on three pillars: impact, scaling, and funding, and runs alongside the African Inclusive Finance Week.
Abiola Jimoh, Chief Executive Officer of XchangeBox, described the win as both a validation and a call to action for the company’s mission to make agricultural finance faster, transparent, and more accessible.
Jimoh said, “Winning in Nairobi, a city that’s long been the heartbeat of African fintech, validates everything our team has been building: a simple yet stubborn idea that liquidity should flow to the people who feed our nation. It also challenges us to scale that impact faster, smarter, and more responsibly.”
Jimoh said the company’s model focuses on getting funds into farmers’ hands within days instead of months, thereby strengthening trust and efficiency across agricultural value chains. He added that partnerships remain central to this vision, citing collaborations with FaLGates and Agrovesto that enable instant payments to farmers.
Founded in Nigeria, XchangeBox uses digital platforms to improve liquidity flow and transparency in agricultural finance, providing smallholder farmers and agribusinesses with faster access to working capital.
The agri-fintech startup is targeting the global supply chain for agro commodities, facilitating trade between Africa and international markets, starting with Nigeria. Its main exports include sesame seeds, hibiscus flowers, charcoal, grains, and fruits used in food production and processing.
