In the Ivorian language Bambara, Julaya means “trade”. It is now the name of a startup that facilitates payments. Currently, it claims hundreds of users in some regions.

Julaya is a digital platform developed by Franco-Ivorian startup Julaya SAS, founded in 2018, by Charles Talbot and Mathias Léopoldie. It allows users to make payments to mobile money and bank accounts right from one single platform. 

The platform “allows our clients to facilitate their accounting. They, therefore, improve their operating efficiency by automating staff, daily expenditure, and supplier payments. Our solution is plug-and-play with no tech skill requirement. It can thus be used by financial departments, which are still poorly digitalized,”  explains co-founderMathias Léopoldie.

Through its Android app, payments can be sent in record time. However, users will have to create a Julaya account and load it via partner banks, telecom operators, and fintech to access the feature. In Côte d’Ivoire and Senegal, Julaya accounts can be loaded via at least 10 banks. 

According to Julaya SAS, over 300 directors of financial affairs and managing directors use the solution daily. In addition, the solution has processed more than 100,000 payments and salaries, helping save more than 300 hours of waiting time. The startup claims to have customer service available every hour of the day. 

Currently, its fees vary between 0 and 2 percent per transaction depending on the transaction type. Since its creation, the startup has completed several funding rounds totaling US$2.7 million, from angel investors and venture capitals like Orange Ventures, to support growth.

Adoni Conrad Quenum