Tech Company Financing Transactions

Money Fellows Funding Round

Money Fellows, based in Cairo Governorate, scored $13 million from Al Mada Ventures, Nclude and CommerzVentures.

Transaction Overview

Company Name
Announced On
5/4/2025
Transaction Type
Venture Equity
Amount
$13,000,000
Round
Series C
Investors

Al Mada Ventures (Lead Investor) (Omar Laalej)

Nclude (Lead Investor)

CommerzVentures

Partech Partners

Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
Al Tesein Northen Streen Cairo
Cairo Governorate, 11865
Egypt
Email Address
Overview
Money Fellows is a collaborative Group Lending and Savings Platform. It is a trusted and more convenient way of finding and managing Money Circles online, by digitizing the traditional, informal offline ROSCA (Rotating Savings and Credit Association) Model, allowing users to meet their financial and saving needs.
Profile
Money Fellows LinkedIn Company Profile
Social Media
Money Fellows Company Twitter Account
Company News
Money Fellows News
Facebook
Money Fellows on Facebook
YouTube
Money Fellows on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ahmed Wadi
  Ahmed Wadi LinkedIn Profile  Ahmed Wadi Twitter Account  Ahmed Wadi News  Ahmed Wadi on Facebook
Chief Operating Officer
Rama ElTohamy
  Rama ElTohamy LinkedIn Profile  Rama ElTohamy Twitter Account  Rama ElTohamy News  Rama ElTohamy on Facebook


 

 

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We report on every notable VC transaction. VC transactions reported here are derived from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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