Money Fellows logo

Money Fellows

by Money Fellows · Since 2018
No reviews yet
Active1+ countriesCloud
Quick facts
VendorMoney Fellows
Year launched2018
StatusActive
Location44th Building , North 90th street, New Cairo, Egypt
Countries served1+
Languages2
Integrations
Free tier
Free trial
Contact salesYES

About Money Fellows

Money Fellows is a peer-to-peer lending platform from Money Fellows that facilitates group savings through rotating savings and credit associations (ROSCAs). It provides features such as group management tools, digital wallets, and loan tracking so users can manage their savings and borrowing effectively. The platform allows individuals to join or create saving circles and set contribution amounts, making it easier to reach financial goals. Users can benefit from flexible saving plans and access to funds through their network. Key capabilities: group management tools digital wallets loan tracking savings circles flexible contributions Best for: individuals seeking community-based savings solutions and personal finance management.

Money Fellows by Money Fellows is a digital platform that modernizes the traditional rotating savings and credit association (ROSCA) model, offering users a secure and efficient way to save and borrow collectively. The software is designed to replicate the familiar concept of “money circles” but with added transparency, automation, and reliability, making it particularly appealing to users seeking structured financial solutions in a digital-first environment. The user interface is sleek and highly intuitive, with a design that emphasizes clarity and trust. Navigation is straightforward, allowing users to join savings circles, track contributions, and monitor payouts with minimal effort. Unique design elements include visual progress trackers and automated reminders that keep users engaged and informed about their financial commitments. The app’s layout avoids clutter, focusing instead on essential actions such as joining a circle, selecting payout positions, and managing schedules, which makes the experience seamless even for first-time users. Functionality-wise, Money Fellows offers a wide range of features that distinguish it from competitors.

Pros & Cons

What users like
  • +Easy to join savings circles with flexible payout positions.
  • +Transparent process regulated by the Central Bank of Egypt.
  • +Helps users plan for milestones like weddings, school fees, or travel.
  • +Smart budgeting tools encourage disciplined financial habits.
  • +Lower borrowing costs compared to traditional loans or credit cards.
What users flag
  • Some users report app crashes during high traffic periods.
  • Limited global availability, mainly focused on Egyptian market.
  • Safety score reviews raise concerns about hidden complaints.

Features

Key features

High payout limits
access payouts up to 1,200,000 EGP with ability to join multiple circles
Cashback on payout
save in installments with up to 20% cashback when you take your payout
Flexible durations
choose circle durations over 6, 10, or 12 months
Multiple payment methods
pay via Money Fellows Card, credit/debit, prepaid cards, bank transfers, Fawry, and e-wallets
Rewarding slots
late slots protect money value with up to 125% off the pay‑in
Guaranteed circles
legal contracts with CBE Regulatory Sandbox oversight and Banque Misr monitoring

Additional features

Unlimited payouts and circles
join as many circles as desired to meet financing needs
Branded card support
use the Money Fellows Card for easy payments
Central bank supervision
operates under the Central Bank of Egypt Regulatory Sandbox
Bank partner monitoring
Banque Misr oversees banking transactions and payouts
Corporate partnerships
partners with 300+ companies to offer employee financial services
Education hub
financial tips articles to support smarter saving and planning

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

1
Countries served
2
Interface languages
1
Billing currencies

Available in

Egypt

Interface languages

EnglishArabic

Billing currencies

🇪🇬EGP

No reviews yet

Be the first to drop a review

Alternatives to Money Fellows

Zofi Cash logo

Zofi Cash

Zofi Cash is a financial management software from Zofi Cash that provides tools for personal…

Sabboath Analytics logo

Sabboath Analytics

Sabboath Analytics is a hybrid fintech and data analytics software platform designed for African markets,…

MTN Homeland logo

MTN Homeland

MTN Homeland is a digital remittance and airtime transfer platform developed by MTN MoMo to…

Worldpay Payments Platform logo

Worldpay Payments Platform

Worldpay is a payments software platform from Worldpay that powers global commerce for businesses. It…

Venture Garden Group (VGG) logo

Venture Garden Group (VGG)

VGG Enterprise Platforms is a software platform from Venture Garden Group that powers significant growth…

Trade Lenda logo

Trade Lenda

Trade Lenda is a financial management platform from Trade Lenda that supports various financial activities.…

Often compared with Money Fellows

Compare any two tools →
Zofi Cash logo
Zofi Cash
Payroll
0.0
Sabboath Analytics logo
Sabboath Analytics
Data analytics
0.0
MTN Homeland logo
MTN Homeland
Financial Services
0.0
Worldpay Payments Platform logo
Worldpay Payments Platform
Payment Gateway
0.0