funding newsImage credit:Money Fellows

MoneyFellows has raised $31M in a series B funding round. MoneyFellows digitizes the concept of money circles, making it more convenient, secure, manageable, and automated. It is a collaborative group lending and savings platform that provides a more trusted and convenient way to find money circles online.

The company is led by Founder & CEO Ahmed Wadi, and has its headquarters in Cairo, Al Qahirah, Egypt.

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