Chaka Technologies

Business Description Company Details
Official Website https://www.chaka.com/
Headquaters 6, Osborne Road, Ikoyi, Lagos 101233, NG
Country Nigeria
Company's Networth $1.5 Million
Business Type Acquired/Merged, Private Company
Year Founded 2018-01-15
Company Email support@chaka.ng
Company Size 1 - 50
Co-Founder(s) Tosin Osibodu
Recieved Funding? yes
Number of Funding rounds 2
Funding Type Angel investors, Venture capital, Acquisition
Venture Capitalist Future Africa, GoldenPalm, Seedstars, Musha Ventures
Industry Finance, Financial Services, FinTech
Specialty Ecommerce, Retail, Meat, Fruits & Vegetables, Staples, Marketing, Oil (vegetable & palm), aggregator, farm produce, and soybean
Linkedin Profile https://www.linkedin.com/company/chaka-technologies/

Chaka Technologies was founded by Tosin and Bolanle Osibodu in 2018. It’s headquarter is in Lagos, Nigeria.

Chaka Technologies is a pioneering fintech company providing seamless digital investment and trading solutions. The platform is user-friendly, secure, and designed for both beginners and experienced investors.

The company wants to bridge the gap between African investors and global investment opportunities. Chaka provides educational resources and market insights to help users make informed investment decisions. Chaka Technologies is committed to promoting financial inclusion and literacy across Africa, empowering users to grow their wealth through diversified investment portfolios.

By integrating cutting-edge technology and regulatory compliance, Chaka ensures a safe and transparent trading environment. The company has received recognition for its innovative approach to financial services and continues to expand its offerings to meet the evolving needs of its users.

In 2023, Chaka was acquired by Rise, expanding its reach and services to more investors.

Our Mission

To enable borderless investments for African investors, providing them with the tools and access to grow their wealth and participate in global markets.

Our Vision

Chaka Technologies aim to be the top platform connecting African investors with global markets, and such promote financial growth and empowerment.

Core Values at Chaka Technologies

  1. Accessibility: Chaka ensures everyone can invest, making financial markets easy to reach for all users.
  2. Transparency: Chaka operates with honesty and openness, providing clear information about fees, transactions, and services.
  3. Innovation: Chaka continuously improves its technology and services to provide the best investment experience.
  4. Integrity: Chaka maintains high ethical standards, ensuring trust and reliability in all its dealings.
  5. Customer Focus: Chaka prioritizes its users’ needs, offering tailored support and resources to help them succeed in their investment journeys.

Chaka Technologies Logo

Services We Provide

Chaka Technologies offers a comprehensive suite of investment services:

  • Local and International Stock Trading: Users can trade stocks listed on Nigerian and global exchanges.
  • Mutual Funds: Access to a variety of mutual funds to diversify portfolios.
  • Exchange-Traded Funds (ETFs): Investment in a range of ETFs.
  • Educational Resources: Providing tools, articles, and webinars to enhance financial literacy.
  • Market Insights: Regular updates and analysis on market trends and investment opportunities.
  • Secure Trading Platform: Ensuring user data and transactions are protected with robust security measures.
  • Customer Support: Dedicated support team to assist users with their investment journey.

Business Model of Chaka Technologies

Chaka uses a freemium model, offering free basic services and charging fees for premium features and transactions. Revenue comes from transaction fees, subscriptions, and partnerships with financial institutions. The platform focuses on technology to reduce costs and offers competitive pricing.

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Olarewaju Daniel
Olarewaju Daniel
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