• FOUNDING YEAR: 2014
    LOCATION:
    Germany
    REGION:
    Last Update:
    18 Oct, 2019

Description

FOCUS

PRODUCTS & SERVICES:
Lending Services
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Retail consumer, Entrepreneurs and businesses
EXISTING PARTNERSHIPS:
Visa, Mastercard, American Express, Ebay

PEOPLE

FOUNDERS:
Ahmed Wadi, Adham Badr
Board Members and Advisors:
Ahmed Wadi
NUMBER OF EMPLOYEES:
1-10
INVESTORS:
Startupbootcamp, Dubai Angel Investors, 500 Startups

TRACTION

ACTIVE USERS COMMENT:
Moneyfellows claims that its has 2,600 paying users and about 240 active circles till date (Jan 2018).

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$800 K
TOTAL FUNDING COMMENT:
The company is planning to use the funds to focus on customer acquisition and to expand its network of partners (Jan 2018).
SEED & PRIOR FUNDING:
$800 K
SEED CLOSED ON:
Jan 2018
LISTED:
NO

LATEST RESEARCH