Chaka logo

Chaka

Operating

Chaka is a Nigerian FinTech startup powering digital borderless investing for African businesses and individuals.

Updated Source: SLA Startup IndexHow we verify →
Total raised
$1.5M
disclosed
Last round
$1.5M
Pre-seed
Rounds
4
since 2019
Investors
8
on record
Employees
2-10

About Chaka

Chaka is committed to powering digital borderless investing for African businesses and individuals. Chaka is licensed by SEC to operate in the capital markets. We provide global wealth solutions that enable Africans to invest and trade Nigerian, US, UK, and International Stock Markets, and support foreign investment in the Nigerian stock market. We provide first-class access to Equities and ETFs in 40+ countries from Apple, GT Bank, and 4,000+ more. We're backed by some of the founders and early investors in Facebook, Spotify, Flutterwave, Andela, Paystack and more. #OwnTheFuture

Chaka funding4 rounds

All 4 rounds →

Chaka has raised $1.5M across 4 disclosed rounds. The latest is a $1.5M Pre-seed announced 18 Jul 2021, led by Breyer Capital.

Capital growthrunning total of disclosed rounds
  1. $30KPre-seedPre-seed, $30K, $30K raised to date
  2. $1.5MPre-seedPre-seed, $1.5M, $1.5M raised to date

SLA Funding Index · grey is capital raised before each round · 2 undisclosed rounds not drawn

AnnouncedRoundLead · investorsAmount
18 Jul 2021Chaka Pre-seedBreyer Capital +5$1.5M
06 Oct 2020Chaka Pre-seedSeedstars +1$30K
28 Dec 2019Chaka Pre-seedMicrotractionNot disclosed
12 Nov 2019Chaka Pre-seedIyinoluwa AboyejiNot disclosed

Chaka founders & team

Chaka competitorssame sector · similar funding

  • Cotrust Equity

    Cotrust Equity harnesses KYC of target audience to provide unique credit plans to banked and unbanked Micro Traders in sub-Saharan Africa. · Nigeria

  • XChange BOX

    Xchange Box provides a platform for agro commodities financing and Rural MSMEs payments and access to finance. · Nigeria

  • Midddleman

    Helping African businesses buy from Asia—secure payments, sourcing, and shipping in one place. · Nigeria

  • Lazerpay

    Cryptocurrency payment infrastructure for businesses · Nigeria

  • straitPay

    straitPay aims to simplify financial transactions and increase financial inclusion across Africa. · Nigeria

  • Shago Payments

    Shago Payments is a FinTech retailing financial and digital products and services to create a localized marketplace experience through technology. · Nigeria

All 205 FinTech startups in Nigeria

Frequently asked about Chaka

Where is Chaka based and when was it founded?
Chaka is headquartered in Lagos, Nigeria and was founded in 2019.
Who is the CEO of Chaka?
Tosin Osibodu is Chaka's CEO.
How much funding has Chaka raised?
Chaka has raised $1.5M across 4 disclosed rounds. Its latest, a $1.5M Pre-seed, was announced on Jul 18, 2021.
Who has invested in Chaka?
Backers include 4DX Ventures, Breyer Capital, Future Africa, Golden Palm Investments and 4 others.
What sector is Chaka in?
Chaka operates in FinTech, Financial Services and Information Technology.