Côte d’Ivoire’s CDC-CI Capital Invests $1.4 Million in Payments Startup Julaya to Boost Regional Expansion
- CDC-CI Capital invested 800 million CFA francs in Julaya through a convertible bond agreement.
- The investment was signed on October 17, 2025, marking a significant step in supporting local fintech ventures.
- Julaya secured Payment Establishment status from BCEAO in May 2025, facilitating its commercial expansion.
The investment by CDC-CI Capital in Julaya is a promising development for the Ivorian fintech landscape, showcasing the potential of local startups to thrive with adequate support. However, it remains crucial for Julaya to convert its regulatory success into sustainable revenue growth to ensure long-term viability. The approach of using convertible bonds is strategic, but the terms must be carefully managed to mitigate risks.
