MoneyFellows Secures $13M for Regional Expansion Push

Monday, May 5, 2025, 3:20 am more...

Egypt-based MoneyFellows has raised $13 million in a pre-series C round aimed at powering its group saving platform expansion beyond Egypt. Backed by Casablanca-based investors, the fresh funding bolsters plans for a regional push, including a new operation in Morocco by late 2025, highlighting its strategic ascent in the digital lending space.

Bluesky: @techcrunch.com

techinasia.com / Egyptian fintech firm MoneyFellows nets $13m pre-series C

techcrunch.com / MoneyFellows raises $13M to take its group savings model outside Egypt

permalink / 2 stories from sources in 5 hours ago #fintech #investment #business #asia +

Taiwan Dollar Surges to Record Levels Against the US Dollar

Sunday, May 4, 2025, 10:20 pm more...

Bloomberg reports a striking rally in the Taiwan Dollar with one update noting a dramatic 4% jump—the largest since 1988—and another citing a 2% surge to a two‐year high. The market’s fluctuating metrics underscore a volatile yet buoyant forex environment.

tomshardware.com / 10% surge in Taiwanese currency vs US dollar could hurt PC and components pricing

reuters.com/business / Taiwan says no exchange rate tariff talks with US as currency soars - Reuters

bloomberg.com/technology / Taiwan Stocks See Second Day of Inflows Amid Currency Surge - Bloomberg.com

techinasia.com / Taiwan dollar rise hits chip, auto part maker

permalink / 8 stories from sources in 10 hours ago #banking #finance #asia #economy +