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MoneyFellows

246 employees

MoneyFellows is a collaborative money management and lending platform digitizing ROSCAs offering users competitive financial solutions.

Basic info

Industry

financial services

Sectors

Information Technology
Saving plan
Financial Services
Fintech
Software
Credit
Social
ROSCA

Date founded

2018

Funding rounds raised

Total raised

$31M

from 12 investors over 12 rounds

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MoneyFellows raised $31M on October 30, 2022

Investors: Middle East Venture Partners (MEVP), P1 Ventures, National Investments Company (NIC), CommerzVentures, Invenfin, Arzan Venture Capital and 4DX Ventures

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MoneyFellows raised $1M on August 4, 2019

Investors: 500 Startups, Phoenician Funds and Dubai Angel Investors - DAI

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MoneyFellows raised $600K on January 10, 2018

Investors: 500 Startups and Dubai Angel Investors - DAI

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