Money Fellows
Cairo
About Money Fellows
Money Fellows is a financial technology company that offers digitized money circles, also known as rotating savings and credit associations (ROSCAs). Through its mobile application, users can join money circles with flexible durations of 6, 10, or 12 months. Participants make regular contributions and receive payouts according to a predetermined schedule. The platform supports various payment methods, including the Money Fellows Card, credit/debit cards, pre-paid cards, bank transfers, Fawry, and e-wallets. Users can participate in multiple circles simultaneously, with payouts up to 1,200,000 EGP. The service includes features such as cashback on payouts and discounts on pay-ins. Money Fellows operates under the supervision of the Central Bank of Egypt's Regulatory Sandbox and collaborates with Banque Misr to monitor transactions and user payouts.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 251 – 500
- Estimated revenue: $1K – $10K
- Total funding: $61.6M
- Funding stage: Late Stage Venture
- Last round: Series C (May 2025)
- Website: moneyfellows.com
- Phone: [email protected]
Industries & Categories
Credit, Financial Services, FinTech, Software
Social Profiles
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