Chari wants to strengthen fintech offering with investment from Orange Ventures

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

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.