Financial exclusion
Limited access to formal banking. No digital credit history. Reliance on informal lenders at high effective interest rates — even when the harvest is real.
Cash · E-Wallet · Ecosystem · Empowerment
From Cashew
to Cashflow.
Cambodia's first agricultural digital trust & finance ecosystem. Digital identity, an agri-wallet on Bakong/KHQR rails, a commodity marketplace, blockchain traceability for EUDR, and an AI-driven rural credit score — starting with the US$1.5 billion cashew chain.
"The Digital Trust Infrastructure for Agricultural Commerce in Cambodia."
US$1.5B
Raw cashew exports 2025 (+27%)
2.4%
Processed in Cambodia
100K+
Cashew farmers in country
27.6M
Bakong accounts to build on
The Problem
A US$1.5B value chain with no digital backbone
Cambodia exported over 1.0M tonnes of raw cashew worth more than US$1.5 billion in 2025 (+27% YoY) — yet processed only 2.4% domestically and shipped roughly 90% of unprocessed nuts to Vietnam. Value, finance and data leak abroad every season because the chain still runs on cash, paper, and trust gaps.
Supply-chain fragmentation
Cash transactions dominate. Few verifiable records. Tracing a batch from farm to export is nearly impossible — a growing compliance liability under EUDR (Dec 2026 / Jun 2027).
Lack of trust
Buyers cannot identify the producer. Exporters cannot prove origin. Banks and MFIs cannot underwrite farmers they cannot see. Trust gaps lock value out of the chain.
The Solution
One ecosystem · six integrated pillars
Every interaction creates four records at once — financial history, production history, market history, and a trust score. That compounding data layer is the platform's core competitive asset.
ID
CashEW ID
Digital identity & KYC for farmers, traders, cooperatives, processors. Farm registration and verifiable profiles that anchor every other module.
Identity · KYC$
CashEW Wallet
Agriculture-focused wallet on Bakong/KHQR rails — payments, transfers, digital receipts, balances and group payments. Like ABA or Wing, but built for the farm economy.
Payments · KHQR⇄
CashEW Trade
Digital marketplace connecting farmers, cooperatives, processors and exporters. Listings, buy/sell offers, price discovery and digital contracts.
Marketplace⛓
CashEW Trace
Blockchain-enabled traceability: farm → batch → warehouse → processor → export. Built for EUDR, organic, Fair Trade and ESG reporting on DCx's enterprise blockchain stack.
Traceability · EUDR📊
CashEW Credit
AI-driven rural credit profile — the CashEW Score. Instead of "Do you have collateral?", we ask "What does your farming history show?". Underwriting that finally fits the farm.
Credit · AI Score🪙
CashEW Savings
Goal-based and seasonal savings (post-harvest, education, farm investment) that smooth income between harvests and deepen engagement with the wallet.
Savings · Insurance (future)
Farmer→
CashEW Wallet→
Collection Center→
Processor→
Exporter→
Buyer
◆ The Platform
See it in action
One app · the whole farm economy.
From the farmer's pocket: a real balance in KHR or USD, instant payments through KHQR, every harvest sale logged with farm and batch ID, group payouts to the cooperative — and a marketplace where processors place orders directly.
The same screen that shows a $1,250 balance records the $850 from the buyer, the $400 payout to the cooperative, and the $250 marketplace order — four events stitched into one compounding history that becomes the CashEW Score.
01
E-Wallet & payments. Bakong/KHQR rails. Send, receive, scan, history.
02
Traceability & trust. Every transaction carries a farm + batch identity.
03
Marketplace & trade. Buy / sell offers, price discovery, digital contracts.
04
Credit & finance. The CashEW Score turns history into underwriting.
05
Insights & analytics. Cooperatives and exporters see the chain at a glance.
The Unfair Advantage
The ecosystem is already built
CashEW is the monetization layer atop an established stack of organizations the founding team already operates or is closely tied to. Distribution, trust, technology and data are in place — no cold start.
Technology & Data Backbone
DCx — DataColabX
Cambodia's homegrown data-science, digital-transformation and blockchain firm (roots in DC Research, est. 2007). Partners include ADB, World Bank, and the EU. Brings blockchain traceability, digital identity, MIS and national survey systems.
Community Trust & Research
ADIC — Analyzing Development Issues Centre
Cambodian development agency (reg. 2011). Grassroots research, M&E and participatory action research. Credibility with farmers, cooperatives and ministries; impact measurement.
Warm Farmer Distribution
CSLICP — WB / JSDF-funded
Cambodia Sustainable Livelihood for Indigenous Communities Project, implemented by ADIC across 20 communities. Existing farmer-producer base and input-supplier relationships — a warm distribution channel.
Producer & Input Front Door
Farms Nexus
Early-stage startup aggregating farmer producers and fertilizer/farm-input suppliers, building on the CSLICP community base. Seeds demand for the wallet, marketplace and traceability.
Net effect: CashEW launches with warm distribution, institutional trust, a proven technology stack,
and a built-in data advantage — eliminating the cold-start problem that kills most agri-fintech ventures.
Market Opportunity
The cashew beachhead — large, fast-growing, leaking
Cashew is an ideal first market: large, fast-growing, export-oriented, concentrated in a handful of provinces, and acutely exposed to both finance and traceability gaps.
| Cashew sector (2025) | Figure | Implication |
|---|---|---|
| Raw cashew exports | ~1.0M tonnes | Large, formalizable GMV |
| Export value | > US$1.5B | +27% YoY growth |
| Processed domestically | ~2.4% (22,600 t) | Value captured abroad |
| Exported to Vietnam | ~90% | Origin / data leaves Cambodia |
| Policy target | 25% local processing | Strong policy tailwind |
Sources: Cashew Association of Cambodia / Phnom Penh Post, 2025–2026 reporting · National Cashew Policy 2022–2027.
Baseline 2025 · Cambodia
Where the 580,117 hectares actually grow
The chain we're digitising has a footprint. 23 provinces, dominated by the northeast. The top five provinces alone — Kampong Thom, Kratie, Ratanakiri, Kampong Cham and Stung Treng — account for roughly 75% of national cashew area. This concentration is what makes the cashew pilot possible: focus the rails where the harvest is.
◆ Top 12 provinces · area (ha)
Cashew concentration
Sorted by area · top 5 account for ~75% of the national total.
580,117 ha
Total cashew area
23 provinces
Cashew is grown in
~75%
In top 5 provinces
~85%
Northeast + central-north
Map: Department of Agricultural Land Resources Management, General Directorate of Agriculture, MAFF (PlanetScope + Sentinel-1/2, 2023 baseline).
Sector context:
Cashew Association of Cambodia ↗
·
National Cashew Policy 2022–2027 ↗
·
ASEAN Cambodia Cashew Value Chain Analysis (2025) ↗
◆ Cashew Value Chain
From Farm to Market
The chain we're putting on rails.
Every stage of the cashew chain creates information — yields, batches, prices, buyer relationships. Today most of that data lives on paper or in traders' memories. CashEW digitizes each stage: digital receipts, batch IDs, settlement and provenance — all the way from the farm to the port.
01Cultivation
02Harvesting
03Processing
04Quality
05Marketing
🌾
Food security. Nutritious cashew products for healthier communities — across the Mekong and beyond.
🌱
Resource management. Climate-smart practices that protect and sustain the land and the watershed.
🛒
Market access. Stronger linkages, better incomes, inclusive growth for farmers and cooperatives.
Business Model
Four layered streams on the same activity
Early revenue comes from subscriptions and ESG/compliance services. Transaction fees and financial-services revenue share become the dominant engines as GMV and the credit book grow.
Stream 01
Transaction Fees
0.2 – 1% of GMV. Commodity trades, procurement payments, settlements moving across the platform.
Stream 02
SaaS Subscriptions
Tiered monthly/annual. Processors, cooperatives, exporters: traceability, inventory, procurement and analytics modules.
Stream 03
Financial Services
Revenue share with banks, MFIs, insurers. CashEW supplies origination + scoring; partners hold the balance sheet.
Stream 04
ESG & Data
Per-report or subscription. EUDR compliance, carbon accounting, sustainability reporting, market intelligence.
Go-to-Market
Cashew first — then commodity by commodity, border by border
Prove the model on cashew in a focused pilot, formalize and scale nationally, then expand by commodity and geography. Each phase de-risks the next and is matched to a funding round.
Phase 01 · Pilot
Cashew Pilot
2026 – 2027
Cashew in Kampong Thom, Kratie, Ratanakiri, Mondulkiri. Ship ID, Wallet, Trace. Anchor on co-op group payments.
→ 5,000 farmers · 10 cooperatives
Phase 02 · Scale
National Cashew
2028
National rollout. Add Marketplace and Credit scoring. Pilot coffee in Mondulkiri / Ratanakiri.
→ 50,000 farmers · 100 cooperatives
Phase 03 · Regional
Mekong Expansion
2029 – 2030
Add rice at national scale. Enter Laos and Vietnam. Embedded finance with bank/MFI partners.
→ Regional · multi-commodity
Phase 04 · ASEAN
Multi-Commodity Platform
2031 – 2035
Cashew, rice, coffee, pepper, rubber, horticulture, aquaculture across ASEAN producing economies.
→ Regional agri-fintech platform
Ways to work with us
Four ways to join the initiative
CashEW is a service, a platform and an ecosystem. There are several ways to put the rails to work — whether you're a cooperative that wants to digitize a harvest, a bank looking to reach the farm economy, a buyer that needs traceable supply, or a strategic partner exploring co-investment.
Engagement 01
Pilot a cooperative
For cooperatives · processors · NGOs
Onboard farmers, run group payments, generate digital receipts and build a verifiable harvest record. Bundle ID + Wallet + Trace into a focused pilot for one cooperative or one commune.
Engagement 02
Integrate the rails
For banks · MFIs · insurers
Extend payments, savings, credit and micro-insurance to the farm economy through CashEW's Bakong/KHQR integration and the CashEW Score. We supply origination and scoring; you carry the balance sheet.
Engagement 03
Trace your supply
For buyers · processors · exporters
Stand up EUDR-ready batch IDs, farm registration and chain-of-custody data on the CashEW Trace platform — for cashew, coffee, rice or another commodity. Sector-fit advisory included.
Engagement 04
Co-invest with us
For strategic partners
Strategic partners and qualified co-investors who want to back the platform: the full business plan, financial model and terms are available privately on request.
Want the brief?
The full CashEW business plan, financial model and partnership terms are kept as confidential documents
for serious cooperators and investors. Email us and we'll share what's appropriate to your conversation.
For whom we build
Connecting every actor in the chain
🧑🌾
For Farmers
More income, better access to finance, fair prices and digital receipts.
🤝
For Buyers
Trusted supply, transparent and traceable — ready for EUDR and ESG reporting.
📈
For Partners
Data-driven decisions, stronger impact, deeper rural reach for banks & MFIs.
🌿
For the Future
Sustainable agriculture, prosperous communities, formalized regional value chains.
Let's build this
together.
CashEW turns informal, undocumented cashew trade into a formal, financed, traceable, data-rich ecosystem — and the platform was always going to take a partnership of cooperatives, banks, buyers, technologists and government to bring to life. Start a conversation about where you fit.
Partners we're in conversation with: Wing Bank · ACLEDA · ABA · Mastercard · Visa · commodity traders · regional agritech