MoneyFellows
Digitising concept of money circles (ROSCAs)
Location: Egypt
Website: https://moneyfellows.com/
Sector: Fintech
Funding Stage: Seed, Series A, Series B,
Total Funding ($m): 36
# of Founders: 1
Founding Year: 2014
Funding Year: 2022
| Year | Amount | Stage | Investors |
|---|---|---|---|
| 2019 | $1m | Seed | 500 Global and Dubai Angel Investors |
| 2020 | $4m | Series A | Partech Africa, Sawari Ventures |
| 2022 | $31m | Series B | CommerzVentures, Middle East Venture Partners, Arzan Venture Capital, Invenfin, The National Investment Company, Partech Africa, Sawari Ventures, P1 Ventures |
Seed $1m
500 Global and Dubai Angel InvestorsSeries A $4m
Partech Africa, Sawari VenturesSeries B $31m
CommerzVentures, Middle East Venture Partners, Arzan Venture Capital, Invenfin, The National Investment Company, Partech Africa, Sawari Ventures, P1 VenturesNews
https://disrupt-africa.com/2022/10/31/egyptian-fintech-startup-moneyfellows-raises-31m-in-series-b-first-closing/