MoneyFellows Secures $13M in Series C to Revolutionize Savings, Borrowing, and Investing with its Game-Changing ROSCA App and New Card Launch!

MoneyFellows is thrilled to announce a major milestone in our journey toward reshaping the future of finance, having successfully raised $13,000,000 in new funding. Since our inception in 2018, we have been at the forefront of revolutionizing the way people save, borrow, and invest. As the world’s first and largest Money Circles app, we have digitized the traditional ROSCA model, making it not only smarter and safer but also more accessible to over 7 million users worldwide. This new infusion of capital will enable us to further develop and launch game-changing financial products, expand our reach beyond Egypt, and fortify the innovative solutions that have become the hallmark of our community-driven platform. Guided by the robust oversight of the Central Bank of Egypt and backed by a formidable $45M+ in previous funding, MoneyFellows is now poised to scale even faster, driving greater financial inclusion and flexibility for our growing user base. One of the most exciting outcomes of our recent endeavors has been the launch of the Money Fellows Card, a product that embodies our commitment to unlocking unparalleled financial freedom for all our users. With this funding, we plan to enhance our technological infrastructure, introduce new digital tools, and deepen our commitment to secure, trusted transactions that empower everyday people. As we prepare for our upcoming $100M Series C round, we remain steadfast in our mission to blend cutting-edge technology with community-centric finance, providing a platform where innovation meets reliability. We invite current and future trailblazers to join us as we continue to push the boundaries of fintech and create a world of seamless financial opportunities.