M
MoneyFellows
A collaborative Group Lending and Savings Mobile Platform
About MoneyFellows
MoneyFellows is a financial technology company that has digitized the traditional concept of money circles, known as ROSCAs (Rotating Savings and Credit Associations). The company provides a mobile and web-based platform where users can participate in these circles for both saving and borrowing purposes. This model offers an alternative to conventional financial services, particularly for individuals who are unbanked or underbanked.
The platform allows users to join a circle of their choice, contributing a fixed amount each month. Each month, one member of the circle receives the total pot, with the order of receiving the payout determined beforehand. This system provides a structured way to save and offers access to interest-free credit. The company's revenue is generated through a service fee, which is applied when a user takes their turn to receive the payout, with the fee varying based on the payout slot.
MoneyFellows primarily targets the Egyptian market, with plans to expand across Africa. The company has demonstrated significant growth, having secured over $60 million in funding. This indicates strong investor confidence in its business model and its potential to address the financial needs of a large segment of the population.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2014
- Headquarters
- Cairo, Egypt
- Employees
- 466
- Open positions
- 13
- Dealroom signal
- 91.9/100
- Industry
- Fintech
- Sub-industry
- Mortgages & Lending, Banking
- Sector
- Fintech, Money Management, Islamic Finance
- Technology
- Mobile app
- Business model
- SaaS
- Client focus
- b2b, b2c
Knowledge graph
More headlines
Open roles
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VCOther financing | May 2025 | $13M | $155M | Partech · CommerzVentures · Al Mada Ventures · Development Partners International | ↗ |
| SERIES BOther financing | Feb 2023 | $42M | $168M | Undisclosed | ↗ |
Growth signals
Latest recorded traffic for MoneyFellows is 15K monthly website visits, down 59.5% over the last three months. MoneyFellows's team grew 10.7% over the past year.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed4 investors entered at this stage
Startupbootcamp
1864 Accelerator
500 Global
Dubai Angel Investors
Series A10 investors entered at this stage
Phoenician Funds
Partech
Sawari Ventures
Middle East Venture Partners
CommerzVentures
Arzan VC
InVenFin- TCThe National Investment Company
4DX Ventures
P1 Ventures
Series B and later2 investors entered at this stage
Al Mada Ventures
Development Partners International
Other known investors1 additional known investor
National Technology Development Program
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about MoneyFellows on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
See MoneyFellows’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.