Money Fellows

Egyptian digital ROSCA. CBE sandbox / payments perimeter. Not a CBE bank. Not a current account.

Wallet / e-moneyactiveEgypt

Rate this app

5.7Caution
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Our take

Desk verdict

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.

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.

Money Fellows lists Digital ROSCA / money-circle fintech. Not a licensed bank. CBE sandbox language on the store under Central Bank of Egypt / GAFI in Egypt. On safeguarding we currently write: Not an Egyptian bank-deposit scheme. Contributions in a ROSCA circle are not a CBE current account. Keep salary at a licensed Egyptian bank.. Holder / issuer line: Not a bank — Money Fellows / circle structure. An AML programme is claimed. There is no IBAN-class local rail on the flags we store. We list 1 live markets on the product. As we score the sticker: monthly Circle / product-priced — confirm live; FX Not the job; ATM Not a debit home. This desk would open it for: Egyptians who already understand a money circle and keep a bank salary pot.

What it does well: Honest product: circles, not current accounts; CBE sandbox named on the store; Scale in a real local habit. What to watch: Not a bank; Circle credit risk is not deposit insurance; Directories file it next to banks. Desk score 5.7 / 10 (safety 4.2, fees 7.0, features 7.2, app 8.0). Last verified 2026-08-30. Headquartered in Cairo, Egypt; founded 2017. None of this is advice — it is a file so you can read the entity before the card colour.

Best for: Egyptians who already understand a money circle and keep a bank salary pot.

Pros

  • +Honest product: circles, not current accounts
  • +CBE sandbox named on the store
  • +Scale in a real local habit
  • +Not pretending to be CIB

Cons

  • Not a bank
  • Circle credit risk is not deposit insurance
  • Directories file it next to banks
  • No salary IBAN

How it actually works

Custody
E-money / stored-value — not a bank deposit
Local rails
In-app ledger
Built for
Personal
Settlement
App-ledger instant; bank rails per corridor
Review risk
Bank-grade; still not freeze-proof
Pay surface
No card rail listed

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.

Holder / issuer: 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 log
  1. Licence

    Digital ROSCA — not a CBE bank

    CBE sandbox / GAFI. Circle contributions are not a current account.

Available in

FAQ

01

Is 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.

02

How 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.

03

Where is Money Fellows available?

We list 1 market desk on the desk. Residency and onboarding rules still sit with Money Fellows.

04

Card and wallets?

No card rail listed

Ratings and reviews

No published user reviews yet. The desk score still comes from licence, fees, and the product — not from a empty star average.

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Stars plus a short note. We publish after a desk read. “Verified user” is our tick, not yours.

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