Strategic financing · Fintech
MoneyFellows raises $13 million for regional expansion
Al Mada Ventures and Nclude Fund co-led the strategic financing.
MoneyFellows announced a new $13 million financing on May 5, 2025, co-led by Al Mada Ventures and DPI Venture Capital through the Nclude Fund. Partech and CommerzVentures also invested.
The Egyptian fintech planned to upgrade its platform and expand into new markets. It provides digital savings circles that help customers plan contributions and receive scheduled pooled payouts.
The financing brought cumulative investment in the company to more than $60 million.
Use of funds
Expand digital savings products and international markets