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Egypt based fintech platform raised $4m in Series A funding led by Partech and Sawari Ventures to expand its digital money circles platform to Africa.
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Ahmed Wadi, founder and CEO of MoneyFellows, in a statement, said, “Being backed by Partech and Sawari Ventures – two top investment firms, helps us reap global, as well as local know-how, best practices and support. Partech’s support from their African fund will help us expand into other countries in the continent with hands-on global expertise.”
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