Egypt
activeFeaturedNeobankBusiness banking
- HQ
- London
- Fee
- Free personal
Money Fellows
Egyptian digital ROSCA. CBE sandbox / payments perimeter. Not a CBE bank. Not a current account.
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5.7Caution
AlternativesFive questions
At a glance
Is it a bank?
No. Money Fellows is not a bank. Your money sits with Not a bank — Money Fellows / circle structure.
If it fails?
Not an Egyptian bank-deposit scheme. Contributions in a ROSCA circle are not a CBE current account. Keep salary at a licensed Egyptian bank.
Salary?
Not listed. An IBAN or sort code is not automatically a salary account.
Open from abroad?
Residency and KYC are gated. An App Store listing is not proof you can onboard.
Monthly fee
Circle / product-priced — confirm live
Account number
No IBAN-class local rail on this file.
NeoBankDB Verdict
Licence first · score second
5.7
/10 · Caution
Money Fellows digitises the Egyptian ROSCA — gam’eya. The Play listing says CBE sandbox and GAFI. That is not a bank licence. A circle contribution is not a CBE deposit. CIB and Banque Misr remain salary objects. Use this as a disciplined savings club if you already know the social contract. Do not send payroll here.
What it is
Cairo, New Cairo, hotline 19686. Founded 2017 (2016 on some tiles). Directories scrape ‘neobank’ because the app is purple. The product is a circle. This desk writes the circle.
Best for: Egyptians who already understand a money circle and keep a bank salary pot.
Last checked 2026-08-30. Not advice.
What it does well
- +Honest product: circles, not current accounts
- +CBE sandbox named on the store
- +Scale in a real local habit
- +Not pretending to be CIB
What to watch
- −Not a bank
- −Circle credit risk is not deposit insurance
- −Directories file it next to banks
- −No salary IBAN
Who holds the money
The account
How money actually moves
- Who holds the cash
- E-money / stored-value — not a bank deposit
- How money moves
- In-app ledger
- Built for
- Personal
- Settlement
- App-ledger instant; bank rails per corridor
- Freeze risk
- Bank-grade; still not freeze-proof
- Card
- Money Fellows has no card listed on this file.
Licence first
Safety
Not an Egyptian bank-deposit scheme. Contributions in a ROSCA circle are not a CBE current account. Keep salary at a licensed Egyptian bank.
Who holds the money: Not a bank — Money Fellows / circle structure
- Central Bank of Egypt / GAFIDigital ROSCA / money-circle fintech. Not a licensed bank. CBE sandbox language on the store · Egypt
Fees
- Monthly
- Circle / product-priced — confirm live
- FX markup
- Not the job
- ATM
- Not a debit home
Features
- –IBAN
- –Fee-free core
- –Multi-currency
- –Apple Pay
- –Google Pay
- –Virtual card
- –Physical card
- –Metal card
- –Crypto
- –Stocks
- –Business
- –Kids
- –Halal
- Digital ROSCA circles
- Goal saving
- CBE sandbox language
- Not a bank
- GAFI-registered
Score
- Safety25%
- 4.2
- Fees20%
- 7.0
- Features15%
- 7.2
- App15%
- 8.0
- Global15%
- 2.4
- Support10%
- 6.4
Change log
Full logLicence
Digital ROSCA — not a CBE bank
CBE sandbox / GAFI. Circle contributions are not a current account.
Available in
Straight answers
FAQ
01Is Money Fellows a bank?
Money Fellows is not a licensed deposit-taker in the classic sense. Money, if any, sits with Not a bank — Money Fellows / circle structure.
02How is money protected?
Not an Egyptian bank-deposit scheme. Contributions in a ROSCA circle are not a CBE current account. Keep salary at a licensed Egyptian bank.
03Where is Money Fellows available?
We list 1 market on NeoBankDB. Residency and onboarding rules still sit with Money Fellows.
04Card and wallets?
Money Fellows has no card listed on this file.
05Can I open Money Fellows remotely?
Residency and KYC are gated. An App Store listing is not proof you can onboard from your country.
Ratings and reviews
No published user reviews yet. The NeoBankDB score still comes from licence, fees, and the product — not from an empty star average.
Alternatives
activeCrypto cardWallet / e-money
- HQ
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activeWallet / e-money
- HQ
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- No monthly fee on the wallet. Cash-in, cash-out and some transfers have fees.