Ghana’s Fintech Fido Raises $30M To Roll Out New Products And Expand Across Africa
PRIVATEJun 21, 2022
Amount Raised
$30 Million
Round Type
Funding Round
GhanaFinancial ServicesSoftware
Description
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.
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Company Information
Company
Fido
Location
Ghana
About
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.
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GhanaFinancial ServicesSoftware