Founded in 2013, Fido began as a consumer lender in Ghana with first of its kind mobile technology and risk platform. Access to credit continues to be a challenge in developing markets, where financial history is not widely available for the borrowers who need it the most. Today, Fido employs over 50 staff around the world to bring fast, reliable and easy financial services to the underbanked.
Provide access to financial services to the underbanked through technology, anytime, anywhere.
Consumers in developing markets don’t have convenient or efficient access to credit. Combined with reliance on informal or semi-formal employment sectors, consumers remain under-served by legacy financial institutions and miss the opportunity to build financial history.
World Bank Global Findex (2014)
Leverage mobile technology to reach consumers
Use alternative data analysis for underwriting, minimizing required documentation and third-party sources
Automate business processes to increase efficiency and reduce cost at scale.
Offer compelling and customized products and service to meet highest customer satisfaction.