Ivorian Fintech Julaya Raises USD 1.4 M From State-Backed Fund To Fuel Growth

Ivorian fintech Julaya has secured CFA 800 M (USD 1.4 M) in funding from CDC-CI Capital, Côte d’Ivoire’s public investment fund, through a convertible bond deal.

The investment will support Julaya’s expansion in Côte d’Ivoire, financing new product development and client acquisition as the company accelerates its growth strategy.

The latest funding, following its pre-series A raise in 2022, comes months after Julaya received Payment Establishment approval from the Central Bank of West African States (BCEAO), a key regulatory milestone for regional fintech operations.

Founded in 2018 by Mathias Léopoldie and Charles Talbot, Julaya provides digital payment solutions for businesses and currently serves over 1,000 clients, from SMEs to large enterprises.

For CDC-CI Capital, the investment forms part of a broader strategy to strengthen Côte d’Ivoire’s tech ecosystem, following recent injections into fintech Djamo and healthtech Ades.