Investment Summary

Fortissimo Capital Invests In ‍Fido

On June 22, 2022, growth capital firm Fortissimo Capital invested in financial services company ‍Fido

Investment Highlights
  • This is Fortissimo Capital’s 1st transaction in the Financial Services sector.
  • This is Fortissimo Capital’s 1st transaction in Ghana.

Investment Summary
Date 2022-06-22
Target ‍Fido
Sector Financial Services
Investor(s) Fortissimo Capital
Deal Type Venture

Target

‍Fido

Accra, Ghana
website
‍Fido is an advanced technology that enables fast, easy and secured access to digital financial services. ‍Fido's independent financial platform and unique machine learning risk models make instant credit decisions for customers with no financial track record while reducing operational costs. Fido is based in Accra, Ghana.

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Investor(S) 1

Investor

Fortissimo Capital

Tel Aviv, Israel

Investor Investor Investor Investor Investor

website

Category Growth Capital Firm
Founded 2004
PE ASSETS 2.7B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Fortissimo Capital is a private equity firm that targets investments in private and public Israeli companies. The Firm looks to invest in technology-based and industrial companies that require capital to expand. Fortissimo focuses on companies operating in high growth markets with proven sales, consistent revenue streams, and strong customer bases. Fortissimo will consider a variety of transaction situations including spinouts, selling shareholders, growth capital financings, and special situations. Fortissimo Capital was formed in 2004 and is based in Tel Aviv.

DEAL STATS #
Overall 33 of 35
Sector (Financial Services) 1 of 1
Type (Venture) 6 of 6
Country (Ghana) 1 of 1
Year (2022) 1 of 3
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