# MoneyFellows funding: rounds and investors

> MoneyFellows has raised $45M across 3 rounds since 2019. Investors include CommerzVentures, 500 Global and Partech Ventures. Every round with its source.

Source: https://millionrounds.com/company/money-fellows (Millionrounds; every figure on the page links to its filing or article)

Egypt · [Series C startup](https://millionrounds.com/companies)

# Who invested in *MoneyFellows*

3 rounds we have observed, with the 18 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Consumer Apps Financial Services Fintech

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Funding summary Updated 5 Nov 2026

**$45M** raised across 3 rounds since 2019, from 4 sources

**$1.0M** Series A **$31M** Series B **$13M** Series C

- **Latest round:** Series C, $13M May 2025
- **Led by:** Al Mada Ventures and DPI Venture Capital via the Nclude Fund and 1 more
- **Biggest round:** $31M Series B · Nov 2022
- **Investors:** 18 (4 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2020 2021 2022 2023 2024 2025

**$1.0M** Series A

**$31M** Series B

**$13M** Series C

- **First round:** Series A, $1.0M
- **Biggest round:** $31M
- **Usual gap between rounds:** 3.3 years

## The rounds

- **May 2025** Series C **$13M** *6 new* *3 returning* [Al Mada Ventures](https://millionrounds.com/fund/al-mada-ventures) Lead [DPI Venture Capital via the Nclude Fund](https://millionrounds.com/fund/dpi-venture-capital-via-the-nclude-fund) Lead [DPI's Nclude Fund](https://millionrounds.com/fund/dpi-s-nclude-fund) Lead [500 Global](https://millionrounds.com/fund/500-startups) [Partech Ventures](https://millionrounds.com/fund/partech) [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) [Endeavor](https://millionrounds.com/fund/endeavor) [CommerzVentures](https://millionrounds.com/fund/commerzventures) [Partech Africa](https://millionrounds.com/fund/partech-africa) Reported by Disrupt Africa and 1 other
- **Nov 2022** Series B **$31M** *9 new* [CommerzVentures](https://millionrounds.com/fund/commerzventures) Lead [Partech Ventures](https://millionrounds.com/fund/partech) [Middle East Venture Partners (MEVP)](https://millionrounds.com/fund/middle-east-venture-partners-mevp) [P1 Ventures](https://millionrounds.com/fund/p1-ventures) [Sawari Ventures](https://millionrounds.com/fund/sawari-ventures) [Invenfin](https://millionrounds.com/fund/invenfin) [Arzan Venture Capital](https://millionrounds.com/fund/arzan-venture-capital) [4DX](https://millionrounds.com/fund/4dx) [National Investment Co](https://millionrounds.com/fund/national-investment-co) Reported by Firms' own news pages
- **Aug 2019** Series A **$1.0M** *3 new* [500 Global](https://millionrounds.com/fund/500-startups) [Dubai Angel Investors](https://millionrounds.com/fund/dubai-angel-investors) Phoenician Fund Reported by Wamda

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2019 **Series B** 2022 **Series C** 2025 [CommerzVentures](https://millionrounds.com/fund/commerzventures) L [500 Global](https://millionrounds.com/fund/500-startups) [Partech Ventures](https://millionrounds.com/fund/partech) [Al Mada Ventures](https://millionrounds.com/fund/al-mada-ventures) L [DPI Venture Capital via the Nclude Fund](https://millionrounds.com/fund/dpi-venture-capital-via-the-nclude-fund) L [DPI's Nclude Fund](https://millionrounds.com/fund/dpi-s-nclude-fund) L [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) [Endeavor](https://millionrounds.com/fund/endeavor) [Middle East Venture Partners (MEVP)](https://millionrounds.com/fund/middle-east-venture-partners-mevp) [P1 Ventures](https://millionrounds.com/fund/p1-ventures)

## Everyone who backed them

[CommerzVentures](https://millionrounds.com/fund/commerzventures) VC firm **2** rounds, led 1

[500 Global](https://millionrounds.com/fund/500-startups) Angel **2** rounds

[Partech Ventures](https://millionrounds.com/fund/partech) VC firm **2** rounds

[Al Mada Ventures](https://millionrounds.com/fund/al-mada-ventures) VC firm **1** round, led 1

[DPI Venture Capital via the Nclude Fund](https://millionrounds.com/fund/dpi-venture-capital-via-the-nclude-fund) VC firm **1** round, led 1

[DPI's Nclude Fund](https://millionrounds.com/fund/dpi-s-nclude-fund) Growth equity **1** round, led 1

[Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) Corporate VC **1** round

[Endeavor](https://millionrounds.com/fund/endeavor) Corporate VC **1** round

[Middle East Venture Partners (MEVP)](https://millionrounds.com/fund/middle-east-venture-partners-mevp) VC firm **1** round

[P1 Ventures](https://millionrounds.com/fund/p1-ventures) Private equity **1** round

[Sawari Ventures](https://millionrounds.com/fund/sawari-ventures) VC firm **1** round

[Invenfin](https://millionrounds.com/fund/invenfin) VC firm **1** round

[Partech Africa](https://millionrounds.com/fund/partech-africa) VC firm **1** round

[Arzan Venture Capital](https://millionrounds.com/fund/arzan-venture-capital) VC firm **1** round

[Dubai Angel Investors](https://millionrounds.com/fund/dubai-angel-investors) Angel network **1** round

[4DX](https://millionrounds.com/fund/4dx) Growth equity **1** round

[National Investment Co](https://millionrounds.com/fund/national-investment-co) Growth equity **1** round

Phoenician Fund no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=money-fellows).

## Also claim to have backed them

These 3 firms list MoneyFellows as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[4DX Ventures](https://millionrounds.com/fund/4dx-ventures) VC firm Per its own site

[March Holding](https://millionrounds.com/fund/march-holding-2) Family office Per its own site

[Phoenician VC](https://millionrounds.com/fund/phoenician-vc) VC firm Per its own site

## Quick answers about MoneyFellows

### Who invested in MoneyFellows?

MoneyFellows's investors include CommerzVentures, 500 Global, Partech Ventures, Al Mada Ventures and DPI Venture Capital via the Nclude Fund, and 13 more on record. Al Mada Ventures led its latest round.

### How much has MoneyFellows raised?

MoneyFellows has raised $45M across 3 rounds since 2019.

### When did MoneyFellows last raise?

MoneyFellows's most recent round was a Series C of $13M in May 2025, led by Al Mada Ventures.

### What was MoneyFellows's biggest round?

MoneyFellows's largest round on record is $31M (Series B), in Nov 2022, led by CommerzVentures.

### Who backed MoneyFellows first?

MoneyFellows's first round on record, in Aug 2019, was backed by 500 Global, Dubai Angel Investors and Phoenician Fund.

### What stage is MoneyFellows at?

MoneyFellows's latest named round is a Series C, in May 2025.

### Where is MoneyFellows based?

MoneyFellows is based in Egypt.

### Who led MoneyFellows's rounds?

CommerzVentures led the Series B in 2022; Al Mada Ventures led the Series C in 2025.

## Companies like MoneyFellows

In the same sector, and raised in the last eighteen months.

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