12.4 C
London
Thursday, October 16, 2025
HomeFinTechEgypt's MoneyFellows Secures $13M Funding for Digital Money Circles

Egypt’s MoneyFellows Secures $13M Funding for Digital Money Circles

Related stories

OCC Approves New Bank Aimed at Boosting Innovation Economy

A significant step towards fostering innovation through a new...

WealthTech Clove Emerges from Stealth with $14 Million in Funding

Revolutionizing Wealth Management through Innovative Technology SolutionsHighlights: Clove has...

Coinbase Expands Its Footprint by Investing in India’s CoinDCX

A Strategic Move into the Expanding Cryptocurrency Market in...

BoE to Prioritize AI, DLT, and Quantum Computing in Tech Strategy

Exploring the Future of Financial Technology Governance and InnovationHighlights:...

BoE Prioritizes AI, DLT, and Quantum Computing in Tech Strategy

Exploring the Future of Financial Technology at the Bank...

Revolutionizing Peer-to-Peer Lending and Savings in the Digital Age

Highlights:

  • MoneyFellows successfully raised $13 million in funding to expand its digital money circle services.
  • The platform offers a unique approach to peer-to-peer lending and savings, attracting users looking for flexible financial solutions.
  • Investment from leading firms highlights the growing fintech scene in Egypt and the demand for innovative money management tools.

MoneyFellows, a pioneering platform in Egypt, has announced a substantial $13 million funding round aimed at enhancing its digital money circle offerings. This innovative approach allows users to engage in peer-to-peer lending and savings, catering to the needs of those seeking alternative financial solutions. The investment reflects the increasing interest and growth potential of the fintech landscape in Egypt, highlighting the relevance of digital financial services in today’s economy.

FinTech Author
FinTech Author
FintechAuthor: Travel Freak | Research | Author | Content Writer

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

spot_img