Money Fellows is a financial technology platform that digitizes traditional rotating savings and credit associations (ROSCAs), commonly known in Egypt as "game’ya." It offers a regulated and tech-enabled alternative to informal savings groups, allowing users to save money or access interest-free credit in a secure and structured environment. Aimed at individuals with limited access to conventional banking, Money Fellows promotes financial inclusion by modernizing a familiar cultural practice.

What are the main features of Money Fellows?

Digital money circles

Money Fellows transforms group savings into a transparent, automated digital process:

• Users can join or create circles with payout values from 3,000 EGP to 1,200,000 EGP.

• Duration options include 6, 10, or 12 months.

• Participants select their payout slot—early, middle, or late—with associated fee differences.
  This setup offers predictable, flexible financial planning options for users with varying cash flow needs.

Secure and regulated environment

Money Fellows operates within Egypt’s fintech regulatory framework:

• Participates in the Central Bank of Egypt's Regulatory Sandbox.

• All users enter formal legal agreements before joining circles.

• Data protection and financial security protocols are in place to safeguard transactions.

Flexible payment and payout methods

To accommodate different user preferences and access levels:

• Pay-in options include bank transfers, credit/debit cards, prepaid cards, e-wallets, Fawry, and the Money Fellows Card.

• Payouts can be received via cards or digital wallets, offering convenience and control.

Prepaid card integration

In partnership with Mastercard and Banque Misr, Money Fellows offers a co-branded prepaid card:

• Enables users to pay installments and receive payouts directly.

• Grants access to discounts and cashback offers from partner merchants.

• Supports ATM withdrawals and deposits, bridging digital and cash-based financial habits.

Referral incentive program

Money Fellows rewards users for community growth:

• Referrers receive discounts on upcoming installments when their invitee joins and contributes to a circle.

• New users also benefit from a reduced first payment, encouraging participation and trust-building.

Why choose Money Fellows?

• Digitized cultural familiarity: Modernizes a well-known savings method with added structure and accountability.

• Government-supervised: Operates under national regulatory oversight, increasing user confidence.

• Flexible and accessible: Offers multiple plans and payment options tailored to user needs.

• Promotes financial inclusion: Serves individuals who may not qualify for or trust traditional financial services.

• Value-added tools: Enhancements like the prepaid card and referral rewards create a more engaging and integrated user experience.