Tech Company Financing Transactions
Julaya Funding Round
On 9/21/2022, Julaya landed $5 million in Series A funding from 50 Partners, EQ2 Ventures and private investors.
Transaction Overview
Company Name
Announced On
9/21/2022
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Series A
Investors
Proceeds Purpose
Julaya also received investment from its CFO and country manager in Senegal. Proceeds from this financing round will assist the fintech in further expansion plans across Francophone West Africa as it plans to open offices in Benin, Togo and Burkina Faso, hire talent and boost product development including the launch of a credit product targeting 200,000 SMEs in the UEMOA region.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
32 Avenue Henri Varagnat Campus de l'IRD, Bondy
Paris, 93140
FR
Paris, 93140
FR
Phone
Website
Email Address
Overview
After being employed at Lemon Way Africa for the launch of a mobile payment solution in Mali and Burkina Faso, Charles Talbot and Mathias Léopoldie found in 2018 : Julaya (« trade » in bambara language). In October 2018, they launched a mobile money application to answer to a need they met in the cash payment through mobile money : it's complicated and expensive for traders and small and medium sized companies to transfer or accept payments from one mobile money operator to an other. Julaya made it possible in Ivory Coast where the app is operationnal.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mathias Léopoldie
Chief Technical Officer
Charles Talbot
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Our team works diligently to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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