Transaction

Proparco's Investment in Cauridor's Operations for USD 2 million

Announced

11 May 2026

Target

BnB Transfer Corp.

Value

$2m

Asset class

Venture Capital

Type

Investment

Instrument

Ordinary Shares (Equity)

Lead investors

Proparco

Investors

Proparco

Sector

Financial services / B2B Payments, Payments Infrastructure, Cross-Border Payments

Markets

Sierra Leone, Senegal, Côte d'Ivoire, Liberia, Guinea

About the target

Cauridor is a Guinea-founded fintech company specialising in cross-border payment infrastructure across Africa. Established in 2011 and operationally headquartered in Abidjan, Ivory Coast, the company pivoted in 2022 to a business-to-business model, building a middleware layer that connects international money transfer operators, including Western Union, MoneyGram, Ria, Taptap Send, and Sendwave, to Africa's fragmented last-mile payment networks comprising mobile money platforms, banks, and cash agent networks. Cauridor offers four core services: International Money Transfer Aggregation, Cross-Border Payments, Payment Collection, and Bulk Disbursements, delivered via a single Application Programming Interface (API) integration. The company operates a network of over 25,000 agents across Guinea, Senegal, Ivory Coast, Sierra Leone, and Liberia, and reported transaction volume growth from USD 300 million in 2023 to USD 500 million in 2024.