Egypt
Money Fellows, founded in 2018 and headquartered in Egypt, is transforming the traditional savings and borrowing ecosystem through its revolutionary platform, the world's first and largest Money Circles app. By digitizing the ROSCA model, Money Fellows provides smarter, safer, and more accessible financial solutions to over 7 million users.
Backed by over $45 million in funding and poised for a $100 million Series C, the startup is experiencing rapid growth, with plans for international expansion beyond Egypt. Their success is supported by notable investors, including CommerzVentures, Development Partners International (DPI), Al Mada Ventures, and Partech, highlighted by a recent $13 million Late VC investment on 1 May 2025.
Regulated by the Central Bank of Egypt, the company blends community-driven finance with innovative technology. The introduction of the Money Fellows Card is a testament to their mission of enhancing financial freedom and flexibility. With a strong foundation and innovative products, Money Fellows is on a promising trajectory, appealing to investors looking to be part of the fintech revolution.
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