Egyptian fintech, Money Fellows eyes North Africa with $13M funding boost
- Money Fellows raised $13 million in a new funding round.
- The funding will support expansion into North African markets, focusing on Morocco.
- Total capital raised by Money Fellows exceeds $60 million since 2017.
The growth of Money Fellows highlights the increasing importance of fintech solutions in enhancing financial accessibility in underserved regions. As traditional savings methods evolve, it will be crucial to monitor how these innovations impact financial literacy and economic empowerment in North Africa.
