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Wednesday, 10 January 2018

Moneyfellows raises USD 600k

Fintech startup Moneyfellows raised USD 600k from Dubai-based Angel Investors and 500 Startups, according to Forbes Middle East. Moneyfellows, who we reported on last summer, makes its money by charging a small fee upon withdrawal and currently has 2,600 users in roughly 240 “money circles.” This latest round of funding brings Moneyfellows total amount raised to USD 800k.

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