Network’s payment functionality to enable the first payment solution from Money Fellows, the leading money circles app
Network International, a leading enabler of digital commerce in the Middle East and Africa has partnered with Money Fellows, the leading money circles app, to power a new solution that will leverage its best-in-class payment functionality.
Under the partnership, Network will provide Money Fellows with its ‘Digital Payments as a Service’ platform, which includes value-added services such as advanced fraud prevention, fully secure payment functionality, and a full suite of back-office managed services.
This platform will enable Money Fellows to enhance the app’s versatility and user experience. Network will support Money Fellows’ expansion across the Middle East and Africa region by leveraging its pan-regional experience.
Dr. Reda Helal, Group Managing Director – Processing, Africa & Co-Head of Group Processing at Network International, said: “We are pleased to partner with Money Fellows to enhance their market offerings and competitiveness while supporting the company’s expansion into new markets in the Middle East and Africa.
This collaboration signifies a major milestone in the fintech sector in the country that is currently experiencing rapid growth, aligning with the Egypt National Vision 2030 plan.”
ALSO READ: AFRICA’S DIGITAL ECONOMY: OPPORTUNITIES AND CHALLENGES IN 2025
Ahmed Wadi, CEO and co-founder of Money Fellows, said, “We are thrilled to collaborate with Network International on this significant milestone for our company. We are taking this step with confidence, knowing we have the right partner in Network International to ensure the payment functionality and security that our users deserve.
This launch marks a pivotal moment in our journey, reinforcing our leadership position in the market and setting the stage for our regional expansion.”
