{"id":601700,"date":"2019-03-07T03:49:26","date_gmt":"2019-03-07T03:49:26","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/07\/moneyfellows-announces-egp-50-mn-series-a-investment-round\/"},"modified":"2019-03-07T03:49:26","modified_gmt":"2019-03-07T03:49:26","slug":"moneyfellows-announces-egp-50-mn-series-a-investment-round","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/07\/moneyfellows-announces-egp-50-mn-series-a-investment-round\/","title":{"rendered":"MoneyFellows announces EGP 50 mn series A investment round"},"content":{"rendered":"<p><b>INVESTMENT WATCH- MoneyFellows announces series A investment round: <\/b><a href=\"https:\/\/moneyfellows.com\/\">Fintech startup MoneyFellows<\/a> is looking to raise EGP 50 mn in its series A investment round to finance expansion in Egypt and other MENA countries, according to an emailed statement. The company plans to rapidly expand its operations in Egypt this year and is looking to enter several other MENA markets in 2020. MoneyFellows is a secure online \u2018money circle\u2019 (gameya) platform which enables users to easily connect with each other and collectively save money.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>INVESTMENT WATCH- MoneyFellows announces series A investment round: Fintech startup MoneyFellows is looking to raise EGP 50 mn in its series A investment round to finance expansion in Egypt and other MENA countries, according to an emailed statement. The company plans to rapidly expand its operations in Egypt this year and is looking to enter [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,183,340,2380,123],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-601700","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-fintech","tag-moneyfellows","tag-speed-round","tag-startups","wpautop","entry"],"acf":{"mongo_id":"2f553e08-05b8-4ec8-9293-184c12fe355d","is_powered_by":true,"section_story_id":"a7cc717b-5ea8-45ed-a29b-0e0a654ffc0b","story_type":"1","photo_url":"","photo_position":"above","related_issue":[601688],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>MoneyFellows announces EGP 50 mn series A investment round - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/07\/moneyfellows-announces-egp-50-mn-series-a-investment-round\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MoneyFellows announces EGP 50 mn series A investment round\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- MoneyFellows announces series A investment round: Fintech startup MoneyFellows is looking to raise EGP 50 mn in its series A investment round to finance expansion in Egypt and other MENA countries, according to an emailed statement. The company plans to rapidly expand its operations in Egypt this year and is looking to enter [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/07\/moneyfellows-announces-egp-50-mn-series-a-investment-round\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-07T03:49:26+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/07\/moneyfellows-announces-egp-50-mn-series-a-investment-round\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/07\/moneyfellows-announces-egp-50-mn-series-a-investment-round\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"MoneyFellows announces EGP 50 mn series A investment round\",\"datePublished\":\"2019-03-07T03:49:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/07\/moneyfellows-announces-egp-50-mn-series-a-investment-round\/\"},\"wordCount\":89,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Fintech\",\"MoneyFellows\",\"SPEED ROUND\",\"startups\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/07\/moneyfellows-announces-egp-50-mn-series-a-investment-round\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/07\/moneyfellows-announces-egp-50-mn-series-a-investment-round\/\",\"name\":\"MoneyFellows announces EGP 50 mn series A investment round - 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Invenfin, National Investment Company (NIC) and existing\u2026","rel":"","context":"In &quot;Startup watch&quot;","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/381.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":595726,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/fintech-startup-moneyfellows-raises-over-usd-1-mn-in-pre-series-a-funding\/","url_meta":{"origin":601700,"position":1},"title":"Fintech startup MoneyFellows raises over USD 1 mn in pre-series A funding","author":"enterpriseam admin","date":"5 August 2019","format":false,"excerpt":"STARTUP WATCH- Fintech startup MoneyFellows has raised over USD 1 mn in pre-series A funding from 500 Startups and Dubai Angel Investors \u2014 both of which invested in its seed round last year, the startup told Menabytes. Lebanon\u2019s Phoenician Fund and several individual investors also participated in the funding round.\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":572354,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/22\/egyptian-fintech-startup-moneyfellows-raises-usd-4-mn-in-series-a-round\/","url_meta":{"origin":601700,"position":2},"title":"Egyptian fintech startup MoneyFellows raises USD 4 mn in series A round","author":"enterpriseam admin","date":"22 June 2020","format":false,"excerpt":"STARTUP WATCH- Egyptian fintech startup MoneyFellows has raised USD 4 mn in series A funding from Sawari Ventures and Partech, according to an emailed statement (pdf). MoneyFellows plans to use the funds to finance its expansion in Africa, as well as the roll-out of a \u201cslew of new products in\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634268,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/10\/moneyfellows-raises-usd-600k\/","url_meta":{"origin":601700,"position":3},"title":"Moneyfellows raises USD 600k","author":"enterpriseam admin","date":"10 January 2018","format":false,"excerpt":"Fintech startup Moneyfellows raised USD 600k from Dubai-based Angel Investors and 500 Startups, according to Forbes Middle East. Moneyfellows, who we reported on last summer, makes its money by charging a small fee upon withdrawal and currently has 2,600 users in roughly 240 \u201cmoney circles.\u201d This latest round of funding\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":560353,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/24\/moneyfellows-has-its-eyes-on-regional-expansion\/","url_meta":{"origin":601700,"position":4},"title":"MoneyFellows has its eyes on regional expansion","author":"enterpriseam admin","date":"24 February 2021","format":false,"excerpt":"Egyptian fintech startup MoneyFellows has plans to expand its services to other MENA countries in the coming period, founder and CEO Ahmed Wadi tells Masrawy. The app currently operates in Egypt\u2019s major cities, and in some parts of the Delta, Wadi said. MoneyFellows had previously said it planned to expand\u2026","rel":"","context":"In &quot;Startup watch&quot;","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/350.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":646194,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/07\/egyptian-startup-moneyfellows-digitizes-the-concept-of-a-gameya\/","url_meta":{"origin":601700,"position":5},"title":"Egyptian startup Moneyfellows digitizes the concept of a Gameya","author":"enterpriseam admin","date":"7 June 2017","format":false,"excerpt":"Egyptian Crowdfunding startup Moneyfellows is digitizing the concept of a \u201cGameya\u201d to make access to interest-free lending easier, Elias Jabbe writes for Wamda. Besides being a fintech platform, Moneyfellows also devised a novel credit-scoring method. \u201cWe've learned that things like socially scoring people, referrals, vouching, and payroll connecting can build\u2026","rel":"","context":"In &quot;ON YOUR WAY OUT&quot;","block_context":{"text":"ON YOUR WAY OUT","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-your-way-out\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/601700","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=601700"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/601700\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/601688"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=601700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=601700"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=601700"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=601700"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=601700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}