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Chaka Technologies | Company profile, Business Model, and Operations

Recieved Funding?
yes
Type of Funding
Angel investors, Venture capital, Acquisition
Number of Funding Phases
2
Business Type
Acquired/Merged, Private Company

All you need to know about 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.

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.

Company Co-founders
Bolanle Osibodu
Tosin Osibodu
Related Topics

Chaka Technologies
Business Model

The Company major services and product include: Software Finance Accounting Banking Equity Trading SaaS Trading

The Company was Founded
The Company was established on
January 15, 2018
HeadQuarters
The Company has its Operational Headquarters at 6, Osborne Road, Ikoyi, Lagos 101233, NG
Industry
The Company is contributing to the development of the Industry Finance, Financial Services, FinTech
Staff Strength since Inception
The Company prides in her team member of about 1 - 50 active members

Chaka Technologies Business Model

The Company major services and product include: Software Finance Accounting Banking Equity Trading SaaS Trading

yes
Have they recieved Funding from VCs
yes
Have they recieved Funding from VCs
yes
How many number of Funding rounds?
.5 Million
Company Net worth as of 2023

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