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.
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.
MoneyFellows raises $13M to take its group savings model outside Egypt
MoneyFellows raised $13 million in a pre-Series C funding round led by Al Mada Ventures and DPI’s Nclude Fund. The company has reached profitability while lending billions of Egyptian pounds without relying on working capital.
Gozem nets $30M to expand vehicle financing, digital banking in Francophone Africa
Gozem raised $30 million in a Series B funding round, consisting of $15 million in equity and $15 million in debt. The company plans to use the funds to strengthen its vehicle financing service and expand into new markets.
Moroccan SaaS Startup Userguest Secures USD 2.2 M in Seed Funding
Userguest raised USD 2.4 million in seed funding. Funding round led by Al Mada Ventures.
