Matouk Bassiouny UAE | View firm profile
We are pleased to announce that Matouk Bassiouny (“MB”) acted as legal counsel to Money Fellows, Africa’s leading fintech digital platform, on its USD 13 million financing round, advising on all legal aspects of the transaction, including structuring, negotiation, and documentation, to ensure a smooth and compliant execution aligned with the company’s growth objectives and digital strategy.
This strategic expansion increases the company’s total investment to over USD 60 million since its founding, fueling the continued development and modernization of its digital platform.
The new round was co-led by Al Mada Ventures (“AMV”) and DPI Venture Capital via the Nclude Fund, with strong participation from Partech and CommerzVentures.
The MBH team advising on the transaction was led by Mohamed Essam (Partner, Head of Corporate and M&A UAE Offices and Head of ECVC) and included Moustafa Rizk (Senior Associate).
For more about Matouk Bassiouny, check out our website at https://matoukbassiouny.com/.