MoneyFellows Raises $13M to Scale Digitized ROSCA Model Across Africa, Eyes Expansion

MoneyFellows, a Cairo-based fintech has raised $13 million in a pre-series C round led by AI Mada Ventures and DPI’s Nclude Fund, with participation from Partech Africa and CommerzVentures, bringing its total funding to over $60 million. The startup plans to scale digitized ROSCA model across Africa. Rotating Savings and Credit Association (ROSCA) is an [...]The post MoneyFellows Raises $13M to Scale Digitized ROSCA Model Across Africa, Eyes Expansion appeared first on Tekedia.

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