Fido, Ghana’s premier digital lending platform, made a remarkable impression at the Africa Fintech Summit (AFTS) 2025 held in Accra from October 8-10, showcasing its innovative financial solutions and announcing the successful launch of its groundbreaking EasySave savings product in partnership with Access Bank.
Founded in 2014 and with operations across Ghana and Uganda, Fido has established itself as a leading force in African financial technology. The company operates a user-friendly mobile application that transforms financial access through cutting-edge digital technology, offering convenient personal and business financial solutions with speed, simplicity, and innovation.
The company’s proprietary Fido Score system uses AI-powered algorithms to assess credit risk and detect fraud throughout the loan lifecycle, enabling financial inclusion for both banked and unbanked individuals and businesses. This innovative approach has made Fido the top financial app in Ghana and facilitated its expansion into additional African markets.
Strategic Participation at Africa Fintech Summit 2025
At AFTS 2025, Fido demonstrated its thought leadership and commitment to driving innovation across the African fintech ecosystem. The company’s participation outside its partnership product launch included speakers from the company.
Philip Twum, Fido’s Head of Development, joined the panel discussion “The New Bank–Fintech Collaborative Path Through Open Banking,” exploring how bank–fintech collaborations can drive innovation and shape the future of digital finance across Africa.
When asked how open banking can turn banks’ fear of losing customer relationships into partnership opportunities, Philip highlighted the importance of having clear API documentation and developer portals to attract collaboration, adding that banks’ regulatory strength and compliance systems give them a unique edge that startups can’t easily replicate. He also emphasized that through open banking banks should offer highly sought-after yet unavailable financial products and parade them to gain the patronage of competitor banks’ customers seamlessly.
Cynthia Owusu, Head of Staff, conducted a workshop on “AI Agents for Business Growth: The Fido Experience. Highlighting how artificial intelligence is transforming efficiency and scalability across modern businesses, Cynthia explained how Fido leverages proprietary AI agents to automate repetitive tasks, boost productivity, and ensure consistent, data-driven decision-making across teams.
Cynthia shared practical examples from Fido’s marketing and collections teams — demonstrating how AI enables the marketing team to transform a single visual asset into multiple creatives, adapt still images for various formats, and even generate videos, significantly reducing time and costs.
She also outlined how Fido’s AI agents are built on the company’s secure, proprietary infrastructure — ensuring full control, data privacy, customization, and scalability. By tailoring AI solutions to specific business needs, Fido maintains a strong competitive edge in the fintech space, using internal AI that is both strategic and compliant.
EasySave Launch: A Milestone Partnership with Access Bank
The summit served as the platform for announcing the successful launch of EasySave, Fido’s revolutionary savings product developed in partnership with Access Bank. The product has already achieved remarkable traction, opening 20,000 savings accounts within just one month of launch.
EasySave addresses key pain points in traditional savings by eliminating paperwork, offering zero withdrawal fees, and providing instant digital access through the Fido App.
“This partnership represents an important milestone that demonstrates the shared vision Fido has with Access Bank,” said Sebastian Quansah, CEO of Fido Ghana. “This collaboration has provided an opportunity for Fido to create customer-centric products that truly reflect the needs of our people.”
Sebastian also expressed gratitude to the Bank of Ghana, stating, “We thank the central bank for making this all possible with their approval. This achievement wouldn’t have been possible without their regulatory support.”
Access Bank’s Commitment to Fintech Innovation
David Quagraine, Chief Information Officer of Access Bank, representing the Managing Director, Pearl Nkrumah, emphasized the strategic importance of the partnership: “Today is not just a product launch but a milestone in our journey towards a more integrated financial ecosystem. Our core strategy at Access Bank is to become the banking partner of choice for the fintech community, and we are committed to providing a robust, secure, and flexible platform that empowers innovators to build and scale for the future.”
David also added, “The launch with Fido is just the beginning, and we look forward to doing much more together.”
Looking Forward
Fido’s participation in AFTS 2025 and the successful launch of EasySave underscore the company’s commitment to driving financial inclusion across Africa through innovative technology and strategic partnerships. With continued support from regulatory bodies and banking partners, Fido is well-positioned to expand its impact across the continent.
Source: ameyawdebrah.com/
