A mobile app that digitizes money circles in Egypt, helping individuals save by installments, access payouts up to 1,200,000 EGP, and pay via cards, transfers, Fawry, e-wallets.

Money Fellows Product Overview

Is Money Fellows Right for You?

Liners prepares and updates these highlights as product information changes. Editorial standards

Best For

  • Egypt savers
  • Savings circle groups

What It Does Well

  • Digital savings circles
  • Scheduled payouts

Things to Check

  • Payout ceiling
  • Payout schedule rules

About Money Fellows

Screenshot of Money Fellows website

Money Fellows is an Egyptian fintech mobile app for individuals who want to save by installments or access a scheduled payout through digitized money circles (ROSCAs).

Key capabilities include:

  • Flexible money circles with 6, 10, or 12-month durations
  • Payouts up to 1,200,000 EGP, with the ability to join multiple circles
  • Cashback on payouts (up to 20%) and savings by installments (up to 1,000,000 EGP)
  • Multiple payment methods, including the Money Fellows Card, credit and debit cards, bank transfers, Fawry, and e-wallets

Available on Android and iOS.

The product primarily serves consumers in Egypt seeking accessible savings and financing alternatives, and it also works with employers through partnerships with 300+ companies that offer financial services to employees.

Money Fellows is notable in Egypt’s fintech market for operating under the Central Bank of Egypt Regulatory Sandbox and for its partnership with Banque Misr, with money circles backed by a legal contract and monitored banking transactions and payouts.

Money Fellows Facts

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What it does

As of Oct 5, 2026, Money Fellows is rated 3.7 on Google Play from 41.3K reviews with 5M+ installs.

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Money Fellows Funding History

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Money Fellows has raised $64.6M across 9 recorded funding events. The latest was Venture (Round not Specified) in May 2025.

Total Raised:
$64.6M
Latest Round:
Venture (Round not Specified)

Money Fellows Investors & Funding Rounds

Venture (Round not Specified)$4MJul 2023

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Money Fellows Founders & Leadership Team

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EL
RE

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Latest Money Fellows News & Updates

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Jobs at Money Fellows

TitlePosted
Senior People Operations and Analytics SpecialistSep 15, 2026
Senior Specialist Administration and FacilitySep 8, 2026

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Frequently Asked Questions About Money Fellows

Money Fellows is an Egyptian fintech platform that digitizes money circles (also called ROSCAs or game'yas), a traditional savings system where groups of people contribute money regularly and take turns receiving payouts. You join or create a money circle by selecting a payout amount (ranging from 3,000 EGP to 1,200,000 EGP), choosing a duration (6, 10, or 12 months), and picking your payout slot in the cycle. Members make monthly contributions, and when your turn arrives, you receive your full payout amount minus applicable fees.

Money Fellows charges a one-time admin fee based on your payout slot position, starting at 16% for early slots and decreasing to 0% for later slots. The average annual cost is around 4% of the total borrowed. You can earn up to 20% cashback on payouts for larger savings goals. The Money Fellows prepaid card costs 149 EGP for circles users and 350 EGP for non-users.

Money Fellows currently operates in Egypt.

You can sign up digitally in minutes by scanning your ID through the app. You'll receive your contract at your doorstep, and then you can start joining or creating money circles.

Yes, Money Fellows has mobile apps available on both iOS and Android.

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