Fido

Fido is a digital microlending and financial services platform for individuals and MSMEs in African markets, offering instant personal and business credit alongside savings and bill payment tools.

Key capabilities include:

• Personal Credit and Business Loans: Short-term, unsecured credit accessed through a mobile-first flow, designed for quick decisions with minimal paperwork.
• Digital onboarding and identity verification: Selfie-based verification with accepted national IDs (for example, Ghana Card) and address checks to complete signup and request credit in-app.
• Fido Score (Build Credit): An internal scoring system that uses customer inputs and alternative data to assess risk and unlock better loan options and higher limits over time.
• Pay and Save: In-app tools to handle bills and save money, positioned as everyday money management features alongside credit.

Available via Android and iOS apps, with a supporting web presence for product information and help resources.

Target users include salary earners, informal workers, and small business owners who need fast working capital, short-term personal credit, and simple payment and savings features.

Notable in the African fintech context for its app-first lending model across Ghana, Uganda, and South Africa, use of alternative-data underwriting through the Fido Score, and stated regulatory oversight in operating markets (for example, Bank of Ghana for Fido Micro Credit Ltd).