Money Fellows: Funding, Investors & Team (Sep 2026)
Money Fellows is changing how people save, borrow, and invest with the world's first and largest Money Circles app. Since 2018, we have made the traditional ROSCA model digital, safer, and more accessible for over 7 million users. With over $45M in funding and preparing for a $100M Series C, we are rapidly expanding beyond Egypt and introducing innovative financial products. Regulated by the Central Bank of Egypt, we merge community-based finance with advanced technology to provide users with secure and reliable financial solutions. Our latest innovation, the Money Fellows Card, offers even greater financial freedom and flexibility to our users. Join us in shaping the future of fintech!
Money Fellows has raised $17.0M across 2 funding rounds on record, the most recent a Series C of $13.0M announced in May 2025.
That round is in line with the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Money Fellows Company Profile and Key Stats
Latest funding round on record: May 2025.
Money Fellows Funding Rounds
Money Fellows raised $4.0M in an undisclosed round announced in Jun 2020.
4.9 years later, a Series C of $13.0M was announced in May 2025.
Money Fellows Founders and Leadership Team
Contact details for the Money Fellows team: 1 of 1 has an email address on file.
Start 14-day free trial →Money Fellows Funding Compared to Other Financial Services Startups
Money Fellows' latest round of $13.0M is in line with the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Money Fellows Funding FAQs
What does Money Fellows do?
Money Fellows is changing how people save, borrow, and invest with the world's first and largest Money Circles app. Since 2018, we have made the traditional ROSCA model digital, safer, and more accessible for over 7 million users. With over $45M in funding and preparing for a $100M Series C, we are rapidly expanding beyond Egypt and introducing innovative financial products. Regulated by the Central Bank of Egypt, we merge community-based finance with advanced technology to provide users with secure and reliable financial solutions. Our latest innovation, the Money Fellows Card, offers even greater financial freedom and flexibility to our users. Join us in shaping the future of fintech!
How much funding has Money Fellows raised?
Money Fellows has raised $17.0M across 2 rounds on record. The most recent is a Series C of $13.0M announced in May 2025.
When did Money Fellows last raise funding?
Money Fellows' most recent funding round on record is a Series C of $13.0M, announced in May 2025.
Who founded Money Fellows?
FundedIQ lists Ahmed Wadi (Founder) at Money Fellows.
Where is Money Fellows headquartered?
Money Fellows is based in Cairo, Al Qahirah, Egypt.
How many employees does Money Fellows have?
Money Fellows is in the 251-500 employee band.
How does Money Fellows' funding compare to other Financial Services startups?
Money Fellows' latest round of $13.0M is in line with the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.
About FundedIQ's Money Fellows Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Money Fellows is left off this page rather than filled in.
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