MIT Enterprise Forum Pan Arab
alumni directory

Moneyfellows

Moneyfellows

Fintech

Egypt

Competition

Competition

Track

Track

Rank

Rank

Arab Startup Competition Tenth Edition 2017

Startups Track

Winner

Hub71 MENA Growth Competition First Edition 2019

Finalist




Competition

Arab Startup Competition Tenth Edition 2017: Startups Track - Winner

Hub71 MENA Growth Competition First Edition 2019 - Finalist

Description

MoneyFellows is a collaborative group lending and savings platform. It is a trusted and more convenient way of finding and managing Money Circles (Gam’eya) online by digitizing the informal traditional offline ROSCA (Rotating Savings and Credit Association) model.
Visit website

Team members

Ahmed Wadi / Founder and CEO

Social media

Funding

  • 2017 - Seed - $650,000
  • 2019 - VCs - Bridge round - $1,100,000

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