Wednesday
May 7
2025

Money Fellows Raises $13 Million in Strategic Funding to Enhance Financial Inclusion in Africa

The new investment aims to enhance and upgrade the company’s digital platform, especially as its user base expands to over 8.5 million users and it continues to collaborate with more than 350 local and regional partners

Money Fellows, Africa’s leading fintech digital platform, has successfully raised $13 million in this new financing round. This strategic extension brings the total amount invested in the company to over $60 million USD since its inception. The new investment aims to enhance and upgrade the company’s digital platform, especially as its user base expands to over 8.5 million users and it continues to collaborate with more than 350 local and regional partners.

Source: Zawya (link opens in a new window)

Categories
Finance, Technology
Tags
digital finance, digital inclusion, financial inclusion, fintech