Moneyfellows
Banking · Egypt · 201-500 Employees
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Overview
Headquarters
block 44 First Sector Fifth Settlement, ...Phone Number
+44 7341700675Website
www.moneyfellows.comRevenue
$69.3 MillionIndustry
ZI Rank: 2
Signal Type
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ZI Rank
2
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About Moneyfellows
Founded in 2017, Money Fellows is a private fintech company headquartered in New Cairo, Egypt. The company digitizes traditional savings circles known as ROSCAs (Rotating Savings and Credit Associations), offering a secure platform for users to save, borrow, and access funds collaboratively. By automating group savings and payouts through its mobile app, Money Fellows enhances financial inclusion and offers flexible credit alternatives. Operating within the financial technology industry, the company has grown rapidly across Egypt and aims to expand throughout Africa.Explore more
Moneyfellows Org Chart
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Moneyfellows financials insights
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2018
Private Equity
$600K
2020
Series A
$4M
2022
Series B
$31M
2025
Other Financing Round
$13M
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Moneyfellows News & Media
Money Fellows Achieves $1.5 Billion In Transactions - CIO Africa
Money Fellows has exceeded 8 million users, with over 2 million rotating savings groups completed through its application since its launchMoneyFellows raises $13m to digitise traditional savings and expand beyond Egypt
MoneyFellows raises $13m to digitise traditional savings groups and expand beyond Egypt, starting with Morocco later this year.Cairo Based Money Fellows Raises $13M to Expand Fintech Access Across Africa
Money Fellows, a Cairo-based fintech startup digitizing traditional savings circles, has raised $13 million in a strategic funding round, bringing its total investment to over $60 million. Why it matters The funding supports Money Fellows' mission to modernize ROSCA (Rotating Savings and Credit Association) systems and expand financial inclusion across underserved communitiesMoneyFellows raises $13M to take its group savings model outside Egypt
While most African digital lenders depend on working capital to fuel growth, MoneyFellows has quietly done what few others have: lend billions of Egyptian pounds with almost no debt or balance sheet exposure. Now, after raising $13 million in a pre-Series C round led by Casablanca-based Al Mada Ventures and DPI’s Nclude Fund, the Cairo-based […]
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Founded in 2017, Money Fellows is a private fintech company headquartered in New Cairo, Egypt. The company digitizes traditional savings circles known as ROSCAs (Rotating Savings and Credit Associations), offering a secure platform for users to save, borrow, and access funds collaboratively. By automating group savings and payouts through its mobil... Read More
