{"id":841519,"date":"2025-10-31T14:33:33","date_gmt":"2025-10-31T12:33:33","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=841519"},"modified":"2025-10-31T14:33:38","modified_gmt":"2025-10-31T12:33:38","slug":"nedbank-and-pryswys-partnership-signals-a-new-era-for-tech-driven-agri-finance-in-south-africa","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/industry-news\/841519\/nedbank-and-pryswys-partnership-signals-a-new-era-for-tech-driven-agri-finance-in-south-africa\/","title":{"rendered":"Nedbank and PrysWys partnership signals a new era for tech-driven agri-finance in South Africa"},"content":{"rendered":"\n<p>The Nedbank Agribusiness and PrysWys collaboration marks the beginning of a new area for agri-finance in South Africa.<\/p>\n\n\n\n<p>Thanks to Nedbank\u2019s collaboration with PrysWys &#8211; South Africa\u2019s leading online marketplace for agri-inputs like fertiliser, seeds, livestock feed, and fuel &#8211; producers in the agriculture sector gain direct access to tailored financing solutions.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><a href=\"https:\/\/business.nedbank.co.za\/commercial-banking\/industry\/agriculture\/agrico-partnership.html?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_term=November+2025\" target=\"_blank\" rel=\"noreferrer noopener\">Click here to learn more about the Nedbank and PrysWys collaboration<\/a>.<\/strong><\/li>\n<\/ul>\n\n\n\n<p>This can be done directly on PrysWys\u2019 online platform and will help agricultural producers avoid the hassles usually involved in securing finance.<\/p>\n\n\n\n<p>\u201cThis alliance is more than convenience, it\u2019s a strategic step toward digitising agricultural value chains,\u201d said Desry Lesele, Senior Manager for Agribusiness Client Value Propositions at Nedbank Commercial Banking.<\/p>\n\n\n\n<p>\u201cBy integrating finance directly into agriculture trading platforms, we are reducing friction, accelerating access to finance, agricultural inputs, markets and enabling farmers to operate with the agility required in today\u2019s competitive agriculture market.\u201d<\/p>\n\n\n\n<p>While Nedbank provides the funding for the agriculture inputs, PrysWys simplifies the procurement process by connecting farmers directly with trusted suppliers at wholesale agri-input prices.<\/p>\n\n\n\n<p>This makes it easier for South African farmers to purchase these essentials without worrying about upfront financial strain.<\/p>\n\n\n\n<p>Through this partnership, Nedbank and PrysWys are laying the foundation for a resilient, tech-enabled agricultural ecosystem.<\/p>\n\n\n\n<p>By combining financial innovation with digital marketplaces, Nedbank is not just solving short-term challenges; it is future-proofing South African agriculture against increase in input cost, volatility, climate pressures, and global competitiveness.<\/p>\n\n\n\n<p>\u201cThis collaboration reflects a broader vision for the future of agriculture,\u201d said Lesele.<\/p>\n\n\n\n<p>\u201cAs someone deeply engaged in shaping agri-finance strategies, I see technology-driven partnerships as the key to unlocking efficiency, resilience, and sustainability in farming.\u201d<\/p>\n\n\n\n<p>\u201cBy embedding finance into digital platforms like PrysWys, we are not only democratising access to inputs but also empowering farmers to thrive in an increasingly data-driven and climate-conscious world,\u201d said Lesele.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Choosing PrysWys<\/h2>\n\n\n\n<p>Lesele adds that choosing PrysWys was a deliberate move to align with a partner that embodies the future of agriculture which will be digital, transparent, and sustainable.<\/p>\n\n\n\n<p>\u201cAt Nedbank, we recognise that the next growth curve in agriculture will be driven by technology and data. This collaboration ensures farmers have access to not only affordable inputs but also the digital tools that will define tomorrow\u2019s farming practices,\u201d said Lesele.<\/p>\n\n\n\n<p>PrysWys is an online platform that was designed to simplify the purchasing processes for agricultural inputs by connecting farmers directly with trusted suppliers.<\/p>\n\n\n\n<p>This is facilitated by a streamlined and user-friendly interface which allows farmers to request quotes, compare prices, and place orders.<\/p>\n\n\n\n<p>PrysWys is powered by SwiftVEE, one of South Africa\u2019s pioneers in online livestock trading and the country&#8217;s largest independent livestock trading platform.<\/p>\n\n\n\n<p>\u201cThis collaboration isn\u2019t just about finance; it&#8217;s about reinventing value-chains through technology,\u201d said Russel Luck, CEO of SwiftVEE.<\/p>\n\n\n\n<p>\u201cWhether you want price transparency to ensure you\u2019re not over-paying at your cooperatives, or need scarce agri-inputs unavailable in your area, PrysWys ensures you get trusted agri-inputs at the most affordable prices.\u201d<\/p>\n\n\n\n<p>He added that Nedbank\u2019s entry has opened new doors that make the collaboration a major milestone for the agricultural sector.<\/p>\n\n\n\n<p>This proves that Nedbank is more than just a bank, but a strategic partner for innovation.<\/p>\n\n\n\n<p>\u201cWe\u2019re incredibly proud of the collaboration between PrysWys and Nedbank as it demonstrates how much value can be unlocked for all stakeholders when market leaders join forces to innovate,\u201d said Luck.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/business.nedbank.co.za\/commercial-banking\/industry\/agriculture\/agrico-partnership.html?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_term=November+2025\" target=\"_blank\" rel=\"noreferrer noopener\">Click here to learn more about the Nedbank and PrysWys collaboration<\/a>.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The collaboration between Nedbank and PrysWys is a milestone moment in the agricultural sector and will make farmers\u2019 lives much easier.<\/p>\n","protected":false},"author":57,"featured_media":841532,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10459],"tags":[23963,1799,23965,21251,23960,23964],"class_list":["post-841519","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news","tag-agribusiness-client-value-propositions","tag-nedbank","tag-nedbank-agribusiness","tag-nedbank-commercial-banking","tag-pryswys","tag-swiftvee"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/841519","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/57"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=841519"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/841519\/revisions"}],"predecessor-version":[{"id":841533,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/841519\/revisions\/841533"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/841532"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=841519"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=841519"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=841519"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}