Premier online financial services firm, Fido, which prides itself in allowing individuals and entrepreneurs to exploit possibilities in the country, has reiterated its position as one of the top approved online lending apps in Ghana.
Fido has an enviable history of offering secure, cutting-edge, inclusive, and simple access to loans. The company is licensed by the Bank of Ghana and has received certification from the Data Protection Commission of Ghana.
n addition to providing advise and direction on how to choose a loan partner, Fido joins the Bank of Ghana and the Data Protection Commission of Ghana in warning the public against using unregulated lending applications.
“As Fido remains committed to fostering financial literacy and responsible lending practices, Fido is excited to announce the upcoming second edition of Fido Money Matters, an initiative aimed at improving financial literacy.
“This edition will focus on the rights of borrowers as well as how to protect personal information,” said Solomon Agbemenya, Head of Business Development.
“We also want to share key considerations before applying for an online Loan. This includes researching on whether a potential lender is licensed by the Bank of Ghana, reading the terms and conditions of the financial service provider, and having a clear understanding of their interest and fees.”
“In addition, customers should find out if a lender has strong data protection and security measures like a privacy policy that spells out how their data will be used; be on the lookout for lenders who ask you money before giving out loans and also read reviews and customer experiences about reputation, customer service and overall experiences.”
Over the course of its operations in Ghana, Fido has given out roughly 3 million loans and served over 500,000 customers.
Fido’s financial platform and distinctive machine learning model, which are built on cutting-edge technology that offers quick, easy access to financial services, generate prompt credit judgments even for customers with no financial history while lowering operating expenses.
The company recently introduced Fido Score, which shifts power back to customers by empowering them to build and maintain a digital financial track record. The score helps individuals and entrepreneurs take control of their finances and adopt smart financial habits.
Getting the Fido App is very easy. Just download the Fido App from the Google Play or Apple store, register your details to create your account and follow all the needed guidelines to successfully apply for your first loan.
Fido emphasizes that it will not request money from customers before granting a loan, does not ask customers to call any phone number to apply for loans, and highlights that the official Fido Facebook and Twitter pages are verified.
Additionally, Fido clarifies that it is not present on Telegram, does not send WhatsApp messages, and establishes that *998# is the official Fido shortcode.
These measures aim to ensure that everyone is safe and doesn’t fall for scammers who pretend to be Fido.