MIT Enterprise Forum Pan Arab
alumni directory
Moneyfellows
Fintech
Egypt
Competition
Track
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.
Team members
Ahmed Wadi
/ Founder and CEO
Social media
Funding
- 2017 - Seed - $650,000
- 2019 - VCs - Bridge round - $1,100,000