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MoneyFellows
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MoneyFellows

http://www.moneyfellows.com/
Last activity: 15.06.2025
Active
Categories: CorporateFinTechInformationInterestITOnlinePlatformSmartSocialTechnology
Moneyfellows gives access to interest free credit and better saving achievements fully powered by your social network.
Likes
70.81K
Followers
15.6K
Website visits
40.2K /mo.
Mentions
40

Overview

Location
Egypt, Cairo
Employees
51-200
Phone
19686
Total raised
$51.6M
Founded date
2018

Investors 7

Funding Rounds 7

DateSeriesAmountInvestors
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Nov 15, 2022Series B round$31M
Jun 23, 2020Series A round$4M
Aug 6, 2019Series A round$1M
Aug 6, 2019Seed round$1M
Feb 20, 2018Funding round$600K
Series A round$1M

Mentions in press and media 40

DateTitleDescription
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Jun 15, 2025African E‑Commerce Super‑App MaxAB‑Wasoko Acquires Egypt’s FaturaMaxAB‑Wasoko, the leading pan‑African retail e‑commerce and supply‑chain super‑app, has announced the acquisition of Egypt‑based B2B marketplace Fatura from EFG Finance, marking a key milestone in its mission to unify and digitally empower ...
May 13, 2025The Rise of Immigrant-Centric Fintech: Bloom Money's Bold LeapIn the bustling world of fintech, a new player is making waves. Bloom Money, founded by Nina Mohanty, is on a mission to reshape how immigrant communities in the U.K. manage their finances. With a fresh infusion of $2 million in venture cap...
May 13, 2025Money Fellows raised $13 M to expand digital saving offerings across AfricaMoney Fellows, Africa’s leading fintech digital platform, has successfully raised $13 million in this new financing round. This strategic extension brings the total amount invested in the company to over $60 million since its inception. The...
May 12, 2025Millennial entrepreneur raised $2 million for a money-saving app for immigrantsOne millennial entrepreneur raised $2 million to build a financial app catered to traditional money-saving methods used by immigrant communities in the West. Silicon Valley native Nina Mohanty founded Bloom Money in 2021, a fintech app desi...
May 9, 2025MENA Digest: Egypt’s Money Fellows, Saudi firm Nqoodlet, others get fundingCredit: 123RF.com Fintech startups drove fundraising activity in the Middle East and North Africa region this week. Leading the charge was Egyptian fintech platform Money Fellows, which closed a double-digit growth-stage round. It was follo...
Nov 30, 2022MoneyFellows – Islamic CreditThe post was originally published in Russian on Startup of the Day. Alexander kindly agreed to republish what we think is of great value to our readers. Islam forbids regular credits with interest, but Muslims still have the desire to spen...
Nov 10, 2022MoneyFellows, a fintech startup based in Egypt, has closed a $31 million Series B round of fundingMoneyFellows, an Egyptian fintech startup, has announced the first closure of its Series B round funding, totaling US$31 million. The startup obtained a US$4 million Series A financing back in 2020, and CommerzVentures, Middle East Venture ...
Nov 8, 2022"We Got Funded!" Egypt-Based Money Fellows Raises US$31 Million In Series B Funding Round To Foster Greater Financial Inclusion In The Country
Nov 7, 2022Money Fellows, an Egyptian fintech digitizing money circles, raises $31M fundingCairo, October 31, 2022 - Egyptian fintech Money Fellows has raised $31 million in what it describes as the first close of its Series B investment. The round, which the startup expects to top up in the coming months, was led by CommerzVentu...
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FAQ about MoneyFellows

When was MoneyFellows founded?

MoneyFellows was founded in 2018.

How much funding has MoneyFellows raised?

MoneyFellows has raised $51.6M in total across 7 funding rounds.

What funding rounds has MoneyFellows raised?

Parsers VC lists 7 funding rounds of MoneyFellows, among them a Series B round of $31M on Nov 15, 2022, a Series A round of $4M on Jun 23, 2020 and a Series A round of $1M on Aug 6, 2019.

Who has invested in MoneyFellows?

Parsers VC lists 7 investors of MoneyFellows, among them Arzan Venture Capital, Startupbootcamp and P1 Ventures.

What has the press written about MoneyFellows?

Parsers VC has collected 40 articles mentioning MoneyFellows, among them “African E‑Commerce Super‑App MaxAB‑Wasoko Acquires Egypt’s Fatura” (Jun 15, 2025) and “The Rise of Immigrant-Centric Fintech: Bloom Money's Bold Leap” (May 13, 2025).

Is MoneyFellows still active?

Yes, MoneyFellows is active; its latest activity on Parsers VC dates from Jun 15, 2025.