MoneyFellows raises $13M to take its group savings model outside Egypt

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MoneyFellows raises $13M to take its group savings model outside Egypt

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While most African digital lenders depend on working capital to fuel growth, MoneyFellows has quietly done what few others have: lend billions of Egyptian pounds with almost no debt or balance sheet exposure. Now, after raising $13 million in a pre-Series C round led by Casablanca-based Al Mada Ventures and DPI’s Nclude Fund, the Cairo-based […]

Source: https://techcrunch.com/2025/05/04/money ... ide-egypt/
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