Company: Money Fellows
Founder: Ahmed Wadi
Website: https://moneyfellows.com/
About Money Fellows
MoneyFellows is an Egyptian fintech startup digitising traditional rotating savings and credit associations (ROSCAs), known locally as “gameya.” Founded by Ahmed Wadi in 2016, the platform enables users to join or create savings circles through a mobile app, replacing informal, offline systems with a structured and transparent digital platform. Users contribute fixed amounts over time and receive lump-sum payouts in scheduled cycles, making it easier to save, borrow, and plan financially without relying on traditional banking credit.
MoneyFellows uses algorithms and behavioural data to match users into appropriate groups and ensure reliability within the system. The company plays a major role in advancing financial inclusion in Egypt by formalising culturally familiar savings behaviours and bringing them into a secure digital environment. It is one of the largest fintech players in the region focused on alternative credit models.
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