Chari wants to strengthen fintech offering with investment from Orange Ventures
The telecom operator is reinvesting in the Moroccan fintech through its venture capital arm, accelerating its focus on financial services.
Someone shares this article with you
▪ Chari wants to strengthen fintech offering with investment from Orange Ventures
▪ The telecom operator is reinvesting in the Moroccan fintech through its venture capital arm, accelerating its focus on financial services.
▪ https://www.africabusinessplus.com/en/814672/chari-strengthens-fintech-offering-with-investment-from-orange-ventures/
Three years after launching their e-commerce application Chari, the entrepreneurial couple Ismaël Belkhayat and Sophia Alj continue to gather support. Orange Ventures, the venture capital arm of Orange, renewed its confidence by reinvesting in the Moroccan fintech platform. After an initial injection of €200,000, the French group jumped at the chance to increase this fivefold, placing €1 million on the table.
This article is for subscribers only. To read more, subscribe with a special offer.
You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.
Recommended articles
Private Equity
26/09/2023 at 13h23, by Africa Business+, updated 27/09/2023
Mikael Hajjar’s P1 Ventures closes second fund first tranche at $25m
In four years, the investor founded by the Lebanese-born Senegalese has acquired stakes in major continental...
New technologies
04/09/2023 at 17h13, by Africa Business+, updated 05/09/2023
Thanks to its new licence, Sama Money will be able to issue its own e-money
Find out more with Africa Business+.
Private Equity
01/09/2023 at 17h25, by Africa Business+
Launch Africa Ventures appoints new partner Hannah Subayi Kamuanga previously with Proparco
This private equity specialist has joined the ranks of the venture capital firm, which is preparing...
New technologies
30/06/2023 at 16h08, by Africa Business+
Ismael Belkhayat and Sophia Alj woo Japanese-Nigerian fund Verod-Kepple
A few months after convincing Orange Ventures, the duo at the helm of Chari have just negotiated the...
Telecoms
19/04/2023 at 17h19, by Africa Business+
Jean-Louis Menann-Kouamé secures Orange Bank’s Tik Tak loans with IFC
The World Bank subsidiary advises Orange in Africa on its mobile financial services. It will provide...
New technologies
05/04/2023 at 16h20, by Africa Business+
Prosper Africa activates Tech Alliance with Mastercard and Visa on board
Washington is setting up a private sector initiative to increase its weight in the African tech world.
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : customer.care@africabusinessplus.com
Add AB+ to your home screen
1. Click on at the bottom of your screen.
2. Click on to add AB+ on the home screen.
3. Enter the name of the shortcut and confirm.