Ahmed Wadi, Founder of Money Fellows

About Ahmed Wadi

Ahmed Wadi is the Founder & CEO of Money Fellows, a Cairo-based fintech platform that provides credit access across North Africa through a digital 'gam' (rotating savings) model. He founded the company to build trust-first financial services, which led the business to profitability while scaling to serve hundreds of thousands of users. Wadi has led multiple funding rounds, including a $23M Series B in 2024 and earlier rounds totaling over $60M in cumulative funding.

Ahmed Wadi at a glance

• Company: Money Fellows
• Total raised: $60M
• Latest round: Series B
• Investors: Partech, Sawari Ventures, Al Mada Ventures, DPI Venture Capital, DisrupTech Ventures, Development Partners International
• Location: Cairo, Egypt

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