Digital Lender Fido Raises $30 Million in Series B Funding Round
- Fido, a Ghanaian fintech, has raised a $30 million Series B funding round.
- Investors in the round include BlueOrchard and FMO.
- Fido plans to offer additional insurance products to its business customers.
The successful Series B funding round and expansion into new markets indicate a positive growth trajectory for Fido. The addition of insurance products for business customers, particularly climate insurance for the agriculture sector, shows a strategic focus on meeting the needs of their target market. This positions Fido well for further success and market penetration.
