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Ghana’s Fintech Fido Raises $30M To Roll Out New Products And Expand Across Africa

Ghana’s Fintech Fido Raises $30M To Roll Out New Products And Expand Across Africa

06/21/22, 7:00 AM
Money raised
$30 million
After extending credit to thousands of customers over mobile phones since 2015, Ghana-based fintech Fido is now in search of additional growth avenues for its expansion across Africa.

Company Info

Company
Fido
Additional Info
The aforementioned plans come against the backdrop of a $30 million equity investment and some undisclosed debt funding that the startup has just raised in a Series A round led by Israel-based private equity fund Fortissimo Capital, with participation from Yard Ventures; a VC fund by Harvard alumni. After extending credit to thousands of customers over mobile phones since 2015, Ghana-based fintech Fido is now in search of additional growth avenues for its expansion across Africa.