Thinking about moving on from traditional bank loans? You’re not alone.
Thousand of people and businesses have moved to Fido and here's why.
If you have ever tried to get a loan from a bank, you know the drill: print forms, bring passport pictures, find a guarantor, and wait for weeks.
With Fido: You don’t need a pile of papers. You don’t need a guarantor. You don’t even need a bank account. All you need is your valid Ghana Card, your MoMo statement, and your smartphone. We build your credit score.
Traditional banks often define "fast" as 3–5 business days. But when you have a medical emergency or a business opportunity today, next week is too late.
With Fido: We have redefined speed. Our automated system reviews your application in real-time. Once approved, the money is sent directly to your Mobile Money wallet instantly—no more queues, and long paper work.
Bank loans often come with multiple charges — processing fees, insurance, and other deductions that significantly reduce what you actually receive.
With Fido: There are fewer fees and you see the full cost of your loan upfront in the app before you accept it. No surprises — what you see is what you pay.
Traditional banks typically assess customers using credit scores managed by external credit bureaus. These scores are calculated from multiple data points such as loan history, repayment behavior, outstanding debt, and length of credit history across different financial institutions.
With Fido: Your score is built to be clear, visible, and easy to understand. Every time you borrow and repay on time in the Fido app, your score improves along with the information you provide us like your MoMo statement, Business registration documents, — and you can see this progress directly in-app.
We think you should be free to access credit whenever you need it, without jumping through hoops.
Switching to Fido is as easy as downloading the app. No branch visits required.
