A Company Invests 800 Million CFA Francs in a Fintech Through Convertible Bond Issuance

The Caisse des Dépôts et Consignations de Côte d’Ivoire (CDC-CI) Capital and Julaya Côte d’Ivoire have formalized a financing agreement worth 800 million CFA francs through the issuance of convertible bonds, aimed at supporting the growth and expansion of the fintech company.

The financing agreement was signed in Abidjan-Cocody by Dr. Arthur Coulibaly, Director General of CDC-CI Capital, and Mathias Léopoldie, Chairman and CEO of Julaya.

According to Dr. Coulibaly, this investment seeks to strengthen Julaya’s development by funding strategic initiatives to expand and diversify its service offerings. The operation comes at a pivotal moment for the company, following the official approval as a licensed payment institution (No. EP.CI.004/2025) granted by the Central Bank of West African States (BCEAO) on May 10, 2025.

“This transaction will provide the company with stable, long-term financial resources to accelerate its growth strategy and continue acquiring new clients,” explained Dr. Coulibaly.

For his part, CEO Mathias Léopoldie welcomed this strategic partnership, emphasizing its importance in advancing the digitalization of corporate payments across Africa and expressing gratitude to CDC-CI Capital for its trust and vision.

“The investment from CDC-CI Capital will enable us to fully integrate into the regional payment infrastructure and develop new services such as instant B2B payments, mass disbursements for companies, multi-bank connectivity, and settlement solutions between mobile money and banking ecosystems,”
he added.

Founded in 2018 by Mathias Léopoldie and Charles Talbot, Julaya has been on a mission to digitize business payments in Africa. Today, hundreds of companies rely on the platform to pay employees, suppliers, and partners, and to collect payments — quickly, securely, and transparently.

CDC-CI Capital, a wholly owned subsidiary of the Caisse des Dépôts et Consignations de Côte d’Ivoire, is funded by the World Bank through the Competitive Value Chains for Jobs and Economic Transformation Project (PCCET).