Fido
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Fido - overview
Established
2014
Location
Accra, -, Ghana
Primary Industry
Financial Services
About
Founded in 2014 by Nadav Topolski, and based in Ghana, Fido Micro Credit Limited (Fido) operates an artificial intelligence-based digital bank that lends money to consumers and provides a mobile application that enables users to request loans and set loan terms and conditions. In February 2026, Fido Micro Credit Ltd. raised USD 5. 5 million in venture debt funding from Symbiotics Asset Management.
As of 2026, Alon Eitan is the CEO of the company and has offices in Ghana, Tel-Avid, and Uganda. Fido offers an application that features Fido score, Fido Loans, and Fido Savings - these features help with improving the credit score, digitally applying for loans of up to USD 250 to individuals and small businesses, and enabling customers to open a saving account. The company has introduced Fido Score to help individuals and entrepreneurs take control of their finances and build a digital financial identity. Fido Micro Credit has over 500 thousand customers.
The company plans to use the Feb 2026 funding to expand its AI-driven lending and digital financial solutions, enhancing its capacity to serve individuals and small businesses traditionally excluded from conventional banking services.
Current Investors
European Financing Partners, Fortissimo Capital, Alumni Ventures Group
Primary Industry
Financial Services
Sub Industries
Consumer Finance, e-Financial
Website
www.fido.money/
Verticals
Artificial Intelligence, FinTech, Mobile Apps
Company Stage
Series B
Total Amount Raised
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