Amount Raised
$31 Million
Round Type
Funding Round
New CairoFinanceFintechDescription
Egyptian fintech Money Fellows has raised $31 million in what it describes as the first close of its Series B investment. The round, which the startup expects to top up in the coming months, was led by CommerzVentures, Middle East Venture Partners (MEVP) and Arzan Venture Capital.
Quick answer
Money Fellows raised $31 Million in a Funding Round round, dated October 31, 2022. Money Fellows is based in New Cairo, Cairo, Egypt.
- How much did Money Fellows raise?
- Money Fellows raised $31 Million in a Funding Round round on October 31, 2022.
- What does Money Fellows do?
- Money Fellows is a leading Egyptian fintech company revolutionizing personal finance through its digital Money Circles app—the world’s first and largest platform that modernizes the traditional ROSCA (Rotating Savings..
- Where is Money Fellows based and how big is it?
- Money Fellows is based in New Cairo, Cairo, Egypt. Fundz records about 195 employees.
- Who are the decision-makers at Money Fellows?
- Fundz holds 3 contacts at Money Fellows, including the Founder & CEO . Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Finance and Fintech around the same time
Companies in the same sectors as Money Fellows that raised within 45 days of this round, from Fundz verified event records.
- Uplinq raised $5.6M (Seed) on December 8, 2022.
- Bitwave raised $15M (Series A) on December 6, 2022.
- Syncfy raised $10M (Seed) on December 6, 2022.
- KreditBee raised $80M (Funding Round) on December 2, 2022.
- Pivo raised $2M (Seed) on November 24, 2022.
- Streamex Corp. raised $1.5M (Seed) on November 18, 2022.
Who to call at Money Fellows, and when
A new round usually means Money Fellows is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Money Fellows raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Money Fellows, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Money Fellows. With Fundz connected, it knows.
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Fundz sees it the moment Money Fellows raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Money Fellows raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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