#72 - Ahmed Wadi - Money Fellows - The Egyptian founder who chose Morocco

Épisode de Next Wave par Mohamed Lahkim · 23 avril 2026 · 1 h 07 min

Everyone knows “Daret” in Morocco and more generally in emerging markets.

It is a simple way people save & borrow money together. A group contributes a fixed amount regularly, and each month, one member receives the full pot.

A few weeks ago, I met Ahmed Wadi, the Egyptian founder who digitized Daret in Egypt with more than 1 million users!

We sat down to talk about Money Fellows, and he announced on Next Wave his expansion in Morocco in partnership with Wafa Cash!

My conversation with Ahmed is on YouTube and all podcast platforms.

➜ Instagram de Next Wave : https://www.instagram.com/nextwave.ma_/

If you have any feedback or suggestions, feel free to leave us a comment.

▬▬▬▬▬▬▬▬ PLATEFORMES ▬▬▬▬▬▬▬▬

Spotify : https://open.spotify.com/show/71TB2zh...

Apple Podcast : https://podcasts.apple.com/us/podcast...

▬▬▬▬▬▬▬▬ TIMELINE ▬▬▬▬▬▬▬▬

00:00:00 : Introduction

00:01:24 : Who is Ahmed Wadi?

00:04:23 : The Money Fellows idea

00:07:02 : Explaining the concept

00:13:31 : The launch

00:18:58 : Why Egypt was the perfect market to start

00:21:20 : How Money Fellows works

00:26:43 : Problems in the beginning

00:34:25 : How the commission works

00:38:46 : The business model

00:40:24 : Handling payment defaults

00:44:03 : Working with banks

00:45:33 : How to scale

00:48:26 : The regulation part

00:50:47 : When scaling became possible

00:51:46 : Expanding into Morocco

00:58:03 : The vision for next years

01:01:54 : The Egyptian startup scene

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À propos du podcast

Le podcast qui va à la rencontre de ceux qui construisent le Maroc de demain. ✉️ Contact : [email protected]

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