Chari
Chari Raises $12M in Series A
Quick Facts
Chari Raises $12M in Series A
Chari has successfully raised $12M in a Series A at a $50M valuation led by SPE Capital, Orange Ventures, P1 Ventures.
Company Overview
Chari is a FinTech company headquartered in Casablanca, Morocco, founded in 2020 with 200+ employees.
B2B e-commerce and fintech platform for small retailers in Africa
Fundraising Details
- Amount Raised: $12M
- Round Type: Series A
- Valuation: $50M
- Date: 2025-10-16
- Investors: SPE Capital, Orange Ventures, P1 Ventures
About Chari
B2B e-commerce and fintech platform for small retailers in Africa The company is positioned in the FinTech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: Casablanca, Morocco
- Founded: 2020
- Team Size: 200+
- Industry: FinTech
What This Means
This funding round demonstrates strong investor confidence in Chari's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The FinTech sector continues to attract significant investment as companies innovate to meet evolving market demands. Chari's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $50M valuation marks an important milestone for Chari, positioning the company among notable players in the FinTech industry.
Looking Ahead
With this new capital, Chari is well-positioned to execute on its growth strategy and continue building innovative solutions in the FinTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
This fundraising news was reported on 2025-10-16. For more information about Chari, visit their headquarters at Casablanca, Morocco.
About the Author
Related Company Reports
Anthropic Raises $2B in Series D
Anthropic, a AI/ML company based in San Francisco, CA, has raised $2B in Series D at a $18B valuation led by Menlo Ventures, Spark Capital, Google.
xAI Raises $6B in Series C
xAI, a AI/ML company based in San Francisco, CA, has raised $6B in Series C at a $40B valuation led by Sequoia Capital, a16z, Valor Equity.
Adept AI Raises $350M in Series B
Adept AI, a AI/ML company based in San Francisco, CA, has raised $350M in Series B at a $1B valuation led by General Catalyst, Spark Capital, Addition.