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Money Fellows CEO Ahmed Wadi Honored as Company Ranks Among Egypt’s Top Startups

By Dominic Sow · 6 July 2026

Press Release: Money Fellows CEO Ahmed Wadi Honored as Company Ranks Among Egypt’s Top Startups | Featured Image by FF News

Quick Summary

Money Fellows, a leading Egyptian fintech, has been named one of Egypt’s Top Startups at the Egypt for the Best Summit 2026. CEO Ahmed Wadi received the honor for driving financial inclusion through a digital platform that digitizes traditional ROSCAs, serving millions of users across the region.

How is Money Fellows advancing financial inclusion in Egypt?

Money Fellows solves the problem of limited access to formal credit by digitizing the traditional "gameya" (ROSCAs) model. By providing a secure fintech model, the company enables millions of users to manage savings and credit with greater flexibility. The platform has successfully transitioned traditional financial habits into a verified digital ecosystem, attracting significant regional and international investment. Key achievements include:

  • Serving millions of users through a mobile-first interface.
  • Securing a spot in the Top Startups 2025 list.
  • Supporting the national digital transformation agenda.

“We are proud of this recognition, which crowns years of dedication and innovation by the Money Fellows team. It reflects the confidence of economic institutions in our vision to develop digital financial solutions that empower individuals to make more informed financial decisions, manage their finances more efficiently, and contribute to the country’s efforts in advancing financial inclusion and digital transformation.” said Ahmed Wadi, Founder and CEO of Money Fellows.

What impact does Ahmed Wadi’s leadership have on the fintech sector?

Under Ahmed Wadi’s leadership, Money Fellows has become a benchmark for rapid fintech growth in the MENA region. The company’s ability to scale technology-driven business models has been recognized by the Egypt for the Best Summit, an event held under the patronage of the Prime Minister. This leadership focuses on building a sustainable financial future by meeting the evolving needs of the Egyptian market, specifically targeting the unbanked and underbanked populations.

“We believe startups play a pivotal role in supporting the national economy by introducing innovative, technology-driven business models. At Money Fellows, continue to develop innovative financial solutions that meet users’ evolving needs and contribute to building a more inclusive and sustainable financial future.” added Ahmed Wadi.

FF NEWS TAKE:

Money Fellows is a prime example of how financial inclusion can be achieved by digitizing existing cultural financial behaviors rather than forcing new ones. By scaling the ROSCA model, Ahmed Wadi has built a powerhouse that genuinely moves the needle for Egypt’s digital economy. This recognition at the Egypt for the Best Summit solidifies their status as a systemic player in the regional fintech landscape, not just another startup.

Companies in this story: Amwal Al Ghad Magazine, Exclnt for Conferences and Exhibitions, Money Fellows, United Media Services

People in this story: Ahmed Wadi, Dr. Mostafa Madbouly

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