Cairo Based Money Fellows Raises $13M to Expand Fintech Access Across Africa
- Money Fellows raised $13 million in a strategic funding round.
- The total investment in Money Fellows has exceeded $60 million.
- The platform has grown to 8.5 million users.
Bendada.com - May 5, 2025
Egyptian fintech, Money Fellows eyes North Africa with $13M funding boost
Money Fellows, an Egyptian fintech company, has raised $13 million to expand into North African mark
The significant funding raised by Money Fellows indicates strong investor confidence in the fintech sector's potential for innovation and growth in Africa. The company's focus on financial inclusion and modernization of traditional savings models is crucial for empowering underserved communities. It will be interesting to see how effectively they can scale their operations and leverage upcoming regional events to enhance their market presence.
