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Money Fellows has over 4.5. million registered users on its platform; nonetheless, solely 7% are month-to-month active customers. Money Fellows classifies its customers as borrowers, savers or planners relying on the place their position is in a ROSCA cycle and Play online Slots when they receive a payout.

It fees a one-time service payment of about 6% to customers who select its early spots; the proportion decreases down the road and turns to incentivized curiosity paid to customers at the tip of the cycle.

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Money Fellows has raised $37 million in complete funding since its inception. Egyptian fintech Money Fellows has raised $31 million in what it describes as the first close of its Series B funding.