SUDPAY sudpay, fintech, sector informel, payment, tax collection,

In West Africa, 40 % of taxes are not collected. It’s schools, hospitals, and unbuilt roads for the population. And 75 % of the population is unbanked. So we created Sudpay, a digital tax collection solution using mobile technology. Sudpay secures tax revenues and eliminates fraud. More importantly, Sudpay connects the informal sector merchants who represent 80 % of the African economy to microfinance institutions to include them financially. We are taking a committee on the collected taxes and a committee on financial services. Our vision was validated by two GSMA and UNCDF institutions with a grant of $420,000. This funding allowed us to enlist 19,000 merchants out of 7 municipalities representing 2.6M dollars collected. For our expansion plan, we need 2.5M euros to reach the potential of 2M merchants in 300 communes in Senegal, Guinea and Ivory Coast.