MFellows

The world's leading mobile app for Money Circles

New Cairo, Egypt · Founded 2014 · $49.0M raised

Headquarters
New Cairo
Employees
51–200
Founded
2014
Business Model
B2C
Total Funding
$49.0M
Last Round
$13.0M Series BMay 2025
Rounds
4

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Money Fellows is Egypt's leading digitized money circles platform, transforming the traditional ROSCA (Rotating Savings and Credit Association) model into a mobile-first, interest-free digital experience. Regulated by the Central Bank of Egypt, the platform enables users to join savings and credit circles, access personal financing at the lowest market rates, and manage their finances through a Sharia-compliant app. The company also offers a prepaid Mastercard card. With over 250,000 monthly subscribers and $1.5 billion in rotated amounts, Money Fellows has become a regional benchmark for community-driven fintech, blending cultural familiarity with modern financial infrastructure.

Summary

MFellows is a Fintech company based in New Cairo, Egypt, founded in 2014. It has raised $49.0M in total across 4 rounds, most recently a $13.0M Series B round in May 2025.

Tech & App Stack

6 technologies & apps tracked

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Funding History

Series BSeries BMay 2025
$13.0M

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Funding: Seed through Series B. Amounts, valuations, and investors where available.

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