Money Fellows CEO Ahmed Wadi honored as company named among Egypt’s top startups

Ahmed Wadi, founder and CEO of Money Fellows, was formally honoured by Egypt’s Prime Minister Mostafa Madbouly after the fintech startup was named among Egypt’s Top Startups for 2025. The recognition was presented during the 11th edition of the Egypt for the Best Summit 2026, held under the theme “Leading the Narrative… Shaping the Future,” and organised by Amwal Al Ghad Magazine and Exclnt for Conferences and Exhibitions, subsidiaries of United Media Services (UMS).

"We are proud of this recognition, which crowns years of dedication and innovation by the Money Fellows team. It reflects the confidence of economic institutions in our vision to develop digital financial solutions that empower individuals to make more informed financial decisions, manage their finances more efficiently, and contribute to the country’s efforts in advancing financial inclusion and digital transformation," Wadi said following the honour.

The award highlights Money Fellows’ rapid growth and role in advancing the fintech sector in Egypt and the wider region. Organisers and attendees framed the accolade as recognition of the company’s work building an innovative digital fintech model designed to reshape traditional financial practices. The company has focused on developing secure financial solutions that increase access, flexibility and convenience for users, and has grown a platform that organisers say is trusted by millions.

Details of the recognition and the event

• Event: Egypt for the Best Summit, 11th edition (2026), theme “Leading the Narrative… Shaping the Future.”
• Honoree: Ahmed Wadi, Founder and CEO, Money Fellows.
• Award: Selection among Egypt’s Top Startups for 2025; formal recognition by Prime Minister Mostafa Madbouly.
• Organisers: Amwal Al Ghad Magazine and Exclnt for Conferences and Exhibitions, both under United Media Services (UMS).

Organisers said the recognition was based on Money Fellows’ demonstrable success in digitising and expanding access to savings and credit solutions, as well as the platform’s ability to attract regional and international investment that supported its expansion. The summit brought together senior government officials, decision-makers and business leaders to celebrate companies and individuals contributing to economic growth and competitiveness.

Money Fellows has positioned itself as a homegrown fintech converting informal rotating savings and credit associations into a regulated, digital product. While organisers did not disclose specific investment amounts tied to this recognition, they noted that regional and international funding has played a supporting role in the firm’s growth trajectory. The company’s stated priorities include continuing to develop products that meet users’ evolving needs and extending access to formal financial services.

Outlook

Wadi framed the recognition as validation of the company’s strategy and its broader contribution to financial inclusion. "We believe startups play a pivotal role in supporting the national economy by introducing innovative, technology-driven business models. At Money Fellows, [we] continue to develop innovative financial solutions that meet users’ evolving needs and contribute to building a more inclusive and sustainable financial future," he said.

With government-level endorsement and visibility from a high-profile business summit, Money Fellows is likely to leverage the accolade to deepen market penetration in Egypt and the region, pursue further product development, and attract additional investors. The recognition at a summit that highlights national economic contributors may also reinforce the company’s role in discussions around digital finance and inclusion as Egypt continues to spotlight standout startups in the national economy.