AI4SD Podcast: How Fido Is Using AI to Expand Access to Credit in Ghana

Brought to you by: In Episode 4 of the podcast, we speak with, Fido’s Philip Twum, about how the company uses artificial intelligence to assess creditworthiness and expand access to…

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In Episode 4 of the podcast, we speak with, Fido’s Philip Twum, about how the company uses artificial intelligence to assess creditworthiness and expand access to digital financial services.

Philip Twum leads business development and strategic growth at Fido, one of Ghana’s leading digital lenders. In his role, he helps drive partnerships with companies such as Uber, expanding access to credit for individuals and businesses with limited access to traditional banking.

Fido provides digital loans and other financial services, using machine learning to assess creditworthiness and reach customers. The company reports having distributed more than $500 million in credit to over one million customers.


In this episode we discuss:

  • How Fido uses machine learning to assess creditworthiness and expand access to digital credit
  • Why Fido relies on specialised machine learning models rather than large language models for credit scoring
  • How AI is helping Fido teams analyse data and work more efficiently
  • Why Philip sees entry-level jobs as particularly vulnerable to AI-driven change
  • Why Ghana needs to move beyond using AI tools and start building AI-powered solutions
  • The opportunities and challenges of developing AI that addresses local needs

🎙️ Catch up on previous episodes of the AI4SD Podcast:

▶️ Episode 1: Overview of the AI4SD Project

▶️ Episode 2: How AI is accelerating fundamental science

▶️ Episode 3: How Intelli Is Using AI to Help Businesses Listen to Their Customers

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