Latest round

Series B

Last raised

Aug 2024

Total raised

$50M

Investors

4

About Fido

Founded in 2013 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. As of 2025, 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.

Who invested in Fido

4 investors across 2 rounds

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Funding rounds

  1. Series B

    Aug 26, 2024

    Amount

    $20M

    Investors

    Locked

  2. Series A

    May 16, 2022

    Amount

    $30M

    Investors

    Locked

Questions about Fido

Who invested in Fido?

Fido has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Fido raised?

Fido has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Fido last raise money?

Fido's most recent round on record is a Series B, in Aug 2024.

What does Fido do?

Founded in 2013 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.

Where is Fido headquartered?

Fido is headquartered in Accra, Ghana.

Which VCs invest in companies like Fido?

Among active investors with capital left to deploy, Al Mada Innovation, DisrupTech Ventures, AXIAN Investment and Chui Ventures back financial services companies at Fido's stage. Their profiles are linked below.

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