Network International, the Middle East and Africa’s leading digital commerce enabler, has partnered with Money Fellows, the pioneering money circles app, to launch its first digital payment solution. This collaboration will integrate Network International’s advanced ‘Digital Payments as a Service’ platform into the Money Fellows ecosystem, enhancing the app’s functionality and user experience.
Key Features of the Partnership
Secure Payment Services: Leveraging advanced fraud prevention and secure payment functionality.
Comprehensive Back-office Solutions: Supporting seamless operations and scalability.
Regional Expertise: Aiding Money Fellows in its planned expansion across the Middle East and Africa.
Leadership Comments
Dr. Reda Helal, Group Managing Director – Processing, Africa & Co-Head Group Processing, Network International
“We are pleased to partner with Money Fellows to enhance their competitiveness and support their expansion into new markets. This collaboration signifies a major milestone in Egypt’s fintech sector, aligning with the Egypt National Vision 2030 plan.”
Ahmed Wadi, CEO & Co-Founder, Money Fellows
“We are thrilled to collaborate with Network International on this pivotal milestone. This partnership ensures the payment functionality and security our users deserve and sets the stage for our regional growth.”
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About Network International
As the Middle East and Africa’s largest digital payments company, Network International operates in 50+ countries, serving over 250 financial institutions and 130,000+ merchants. The company simplifies commerce for governments, banks, fintechs, and businesses across the region.
About Money Fellows
Founded in 2018, Money Fellows revolutionized traditional money circles, attracting 7+ million users with its flexible, secure, and user-friendly platform. Operating under the Central Bank of Egypt’s Regulatory Sandbox, the company has secured $45 million in funding and continues to align with Egypt’s vision for financial literacy and inclusion.
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