Fintech Julaya raised $5 million extension round led by European venture capital fund Speedinvest, EQ2 Ventures, Kibo Ventures, angel syndicate Unpopular Ventures, and Jedar Capital where previous investors Orange Ventures, Saviu, and 50 Partners also participated.
Julaya is a B2B digital account that allows businesses to seamlessly send and collect payments via a digital account. According to the company, this round of funding will allow Julaya to expand in the West African market, open offices in Benin, Togo, and Burkina Faso, hire multicultural talent, and accelerate product development.
