馃嚞馃嚘GabonCentral Africa
E-Doley Finance appeals Paris court decision, disputes BGFIBank's interpretation of ruling
via Gabon Review3 min read
Gabonese fintech E-Doley Finance announced on July 11 that it has appealed the June 25 decision by the Paris Judicial Court. The company refutes BGFIBank's interpretation of the judgment, which the bank had welcomed on July 6, stating that "the case is not over." E-Doley Finance questions who truly created BGFI Mobile, arguing that the court did not compare software, nor did it state that BGFI Mobile was the bank's creation. The fintech claims the bank benefited from an incomplete demonstration on two technical points, not a contrary demonstration. The Paris Court of Appeal will re-examine the entire case. E-Doley Finance also highlights that the Court of Appeal noted in 2020 that its e-Doley Cash solution was conceived before any relationship with the banking group. The company points to two judicial expert reports that found up to 100% similarity between components of the two solutions, stating their 2021 annulment was not based on content but on documents the fintech alleges were fabricated. E-Doley Finance also challenges the bank's explanations for BGFI Mobile's origin, noting that one designated service provider does not exist in any commercial registry and another was created after the alleged events. The fintech states that despite repeated summons, BGFIBank has not produced contractual and technical documents to establish the facts. E-Doley Finance emphasizes that the dispute continues in three countries: Paris for counterfeiting, and Libreville and Abidjan for comme
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This summary was AI-generated from a story originally published by Gabon Review.
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