MoneyFellows Secures $18M Funding to Launch the Game-Changing Money Fellows Card and Revolutionize Global Fintech

Money Fellows is excited to announce that we have raised an impressive $18,000,000 in our latest funding round—a significant milestone for a company that has been shaking up the financial landscape since 2018. As the world's first and largest Money Circles app, Money Fellows is revolutionizing the way people save, borrow, and invest by digitizing the traditional ROSCA model. With over 7 million users already benefiting from our secure, community-driven platform, we are proud to be at the forefront of fintech innovation and financial inclusion. This successful funding round comes on the heels of over $45M already raised and as we gear up for a $100M Series C, further solidifying our commitment to providing smart, safe, and accessible financial solutions beyond Egypt. The newly acquired capital will be dedicated to accelerating our expansion efforts, developing game-changing financial products, and scaling our operations to serve an even broader global audience. One of the striking advancements in our journey is the launch of the Money Fellows Card, a product designed to unlock even greater financial flexibility and freedom for our users. Backed by the strong regulatory support of the Central Bank of Egypt and driven by our mission to empower people through community-based finance solutions, this funding will support innovations that blend cutting-edge technology with traditional financial wisdom. We are thrilled to welcome trailblazers who share our vision and are eager to shape the future of fintech. This infusion of capital is not only a vote of confidence in our platform but also a commitment to a more inclusive and dynamic financial ecosystem for millions around the world.