Matouk Bassiouny Advised Money Fellows On USD 13 Million Financing Round

Matouk Bassiouny advised Money Fellows on USD 13 million financing round

Matouk Bassiouny advised Money Fellows, Africa’s leading fintech digital platform, on its USD 13 million financing round. The firm advised on all legal aspects of the transaction, including structuring, negotiation, and documentation, ensuring a smooth and compliant execution aligned with the company’s growth objectives and digital strategy.

This strategic investment increases the company’s total funding to over USD 60 million since inception, supporting the ongoing development and modernization of its digital platform.

The new round was co-led by Al Mada Ventures (AMV) and Development Partners International (DPI) via the Nclude Fund, with strong participation from Partech and CommerzVentures.

The Matouk Bassiouny team was led by Mohamed Essam (Partner, Head of Corporate and M&A UAE Offices and Head of ECVC), with support from Moustafa Rizk (Senior Associate).

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