Munyi Nthigah, a seasoned Fintech expert, has led a group of angel investors to launch VorianCorelli in Kenya with the aim of growing the income of small-holder farmers and developing agriculture into a commercially viable sector for farmers.
Nthigah will serve as the Co-Founder and CEO of VorianCorelli for East Africa, bringing his experience in the Financial Technology space, spanning over 16 years.
He has spent his career solving for financial access and tackling payment fragmentation across Africa. Nthigah is also the founder of Codesign Africa, a fintech firm focused on digital payments and lending in Kenya, a founding member of the Association of Fintechs in Kenya, and previously served as the General Manager at Cellulant Kenya for more than 9 years.
Speaking on the recent launch, Munyi Nthigah said that Agriculture is important in the region as it’s the pillar of the East African economy.
“The sector accounts for 25% of the region’s GDP and employs or is a source of income for roughly 80% of the population. This is why we have seen a recent resurgence of investment in this sector globally. With the launch of VorianCorrelli in Kenya, we want to bring combined experiences in Fintech and Agriculture to build a platform that will democratise finance by solving the problem of liquidity or access to capital within agriculture markets,” Nthigah said.
VorianCorelli is an AgriTech company that solves the problem of liquidity and access to capital within agriculture markets. The company serves as a matching platform for farmers, buyers and financiers in Agriculture. Using distributed ledger technology, the company creates the social trust that makes Agriculture markets work for farmers by focusing on Farmer KYC, Access to markets and Financing. As a result, the set of instruments developed by VorianCorelli enables retail & institutional partners to deploy capital into agriculture.
In line with the Agriculture Sector Transformation and Growth Strategy (ASTGS) and AfCFTA, VorianCorelli is launching in Kenya in partnership with processors, franchises, financial institutions, and software companies to create new ways of powering financial services in Agriculture.
This launch is part of VorianCorelli’s expansion into a Pan-African AgriTech platform.