Money Fellows Secures $13M Series C Funding to Revolutionize Digital Savings, Borrowing, and Investing

Money Fellows is thrilled to announce that we have raised $13,000,000 in new funding—a significant milestone that enables us to deepen our commitment to revolutionizing the way people save, borrow, and invest. As the world’s first and largest Money Circles app, Money Fellows has transformed the traditional ROSCA model into a digital experience that is smarter, safer, and accessible for over 7 million users since our inception in 2018. This injection of capital will be strategically used to accelerate our expansion efforts beyond Egypt, refine our innovative product suite, and further develop the Money Fellows Card, our latest offering designed to bring even more financial freedom and flexibility to our community. Backed by over $45M in prior funding and now gearing up for a $100M Series C round, our growth trajectory speaks volumes about the trust our investors and users continue to place in us. Regulated by the Central Bank of Egypt, our platform not only offers secure financial services but also empowers our user base by blending top-notch technology with community-driven finance, making banking more inclusive and enjoyable. This fresh funding round reinforces our mission to shape the future of fintech while addressing the evolving needs of modern consumers. As we channel these new funds into scaling our technology infrastructure and broadening our product offerings, we remain committed to pioneering financial solutions that encourage smarter financial management and foster economic empowerment across emerging markets and beyond. We invite trailblazers and forward-thinking partners to join us on this remarkable journey of innovation and transformation in the financial landscape.