Ivorian Fintech Green Pay Secures Investment From State-Backed CDC-CI

Ivorian fintech Green Pay has secured equity investment from Caisse des Dépôts et Consignations de Côte d’Ivoire (CDC-CI), bringing the state-backed financial institution onto its cap table alongside Orange Côte d’Ivoire Participations, a subsidiary of the Orange Group.

While the deal’s financial terms were not disclosed, it marks another step in CDC-CI’s push into fintech as part of its broader financial inclusion mandate.

Founded in 2020 by Anouar Traboulsi, Green Pay provides electronic payment terminals that enable merchants to accept card and mobile money payments across networks. A 2021 partnership with GIM-UEMOA connected the startup to over 140 financial institutions across the West African bloc.

The investment strengthens Green Pay’s position as a payments infrastructure player in Côte d’Ivoire, combining Orange’s distribution reach with CDC-CI’s policy-aligned, long-term capital as the company eyes regional expansion.