Fido
PrivateLast Round
Series B
Sep 4, 2024
Total Funding Raised
$50.52M
Momentum Score
75 /100
Company Overview
Fido is an Israeli-based financial technology company that provides mobile-based financial services to individuals and entrepreneurs, primarily in sub-Saharan Africa. The company's platform uses proprietary machine-learning technology and alternative data to make real-time credit decisions, enabling access to loans for customers who may lack a traditional financial history. In addition to loans, Fido offers savings products and payment services. The company's mission is to make financial services more accessible, transparent, and convenient in underserved markets, with current operations in countries like Ghana and Uganda. Fido has successfully raised significant funding, including a $30 million Series A round in 2022 and a $30 million Series B round in 2024, to support its expansion across Africa.
Sector
FinTech
Verticals
Lending & Credit, Credit Scoring, Personal Finance, Digital Banking
Business Model
B2C
Customer Profile
Payment Processing Fee
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Fido Comps
Public and private peers based on sector, stage, and business model.
Fido Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series B | Sep 4, 2024 | ||||
| Series A | Jun 21, 2022 | ||||
| Seed | Mar 1, 2022 |
Key People
Founding team and executive leadership
Fido Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| BlueOrchard | Series B |
| Yard Ventures | Series A |
| Alumni Ventures | Series A |
| Growth Investment Partners Ghana | Series B |
| Fortissimo Capital | Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- Apr 19, 2026
Introduced 'Fido Score' to build digital financial track records.
- Mar 17, 2026
Launched EasySave savings product in partnership with Access Bank.
Fido Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Fido's valuation, stock price, and market status.
