Fundz

Ghana’s Fintech Fido Raises $30M To Roll Out New Products And Expand Across Africa

PRIVATEJun 21, 2022

Amount Raised

$30 Million

Round Type

Funding Round

GhanaFinancial ServicesSoftware

Description

After extending credit to thousands of customers over mobile phones since 2015, Ghana-based fintech Fido is now in search of additional growth avenues for its expansion across Africa.

Who else raised in Financial Services and Software around the same time

Companies in the same sectors as Fido that raised within 45 days of this round, from Fundz verified event records.

  • Geopagos raised $35M (Funding Round) on August 4, 2022.
  • Parafin raised $60M (Funding Round) on August 3, 2022.
  • Youverify raised an undisclosed amount (Seed) on August 2, 2022.
  • Kompliant raised $14M (Funding Round) on July 29, 2022.
  • Youverify raised $250K on July 29, 2022.
  • FinLync raised an undisclosed amount (Corporate Round) on July 28, 2022.

Who to call at Fido, and when

A new round usually means Fido is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Fido raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Fido, from your own LinkedIn network

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Company Information

Company

Fido

Location

Ghana

About

The aforementioned plans come against the backdrop of a $30 million equity investment and some undisclosed debt funding that the startup has just raised in a Series A round led by Israel-based private equity fund Fortissimo Capital, with participation from Yard Ventures; a VC fund by Harvard alumni. After extending credit to thousands of customers over mobile phones since 2015, Ghana-based fintech Fido is now in search of additional growth avenues for its expansion across Africa.

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Fido raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.