Money Fellows, a fintech platform digitizing traditional savings practices, has raised $13 million in new funding. The funds will boost platform upgrades and support regional expansion.

The round was co-led by Al Mada Ventures (AMV) and DPI Venture Capital via the Nclude Fund, with continued backing from Partech and CommerzVentures. The investment will help scale access to digital savings, lending, and investment services, particularly in underserved communities.

With plans to expand into North Africa, Money Fellows aims to tap into rising demand for digital finance, driven by events like the 2025 Africa Cup of Nations and the 2030 FIFA World Cup.