Ghana’s Fido Just Raised $5.5M to Prove AI Can Underwrite Africa’s ‘Unbankable’ — Without a Credit Score in Sight

With over 1 million customers, $500 million disbursed, and a proprietary AI model that scores borrowers using mobile data instead of credit history, the digital lender is betting it can solve Africa’s “missing middle” problem. The $5.5M debt from Symbiotics says impact investors believe it.