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Chaka secures $1.5 million pre-seed funding to expand services and reach even better Chaka has recorded another impressive win in the space of a few weeks alone, bagging a $1.5 million investment round that will enable the company expand its services to even more users and regions. This is the same company that became the first start-up – and company – to obtain the SEC license in Nigeria and resume its operations and services to customers after a brief pause. Launched in 2019, the start-up was born with a dream to make available local and foreign securities and stocks to the Nigerian market looking to invest in such. Even though stocks and securities are not new to the American audience, they are not as favoured by the Nigerian audience. For one, the lack of the proper channels to buy, keep, hold and sell these stocks is a limiting factor. The lack of proper education around them also contributes to the reason why some investors are wary of putting their money in. As if that is not enough, it was almost impossible for the average Nigerian to buy and hold any stocks in companies outside of the Nigerian scape. These are some of the problems that Chaka identified and came in to solve. Playing the local market the same way Robinhood has been able to establish itself for the American audience, it is not surprising to see such growth from this venture in the space of two years. Led by Breyer capital and having other participants such as 4DX Ventures, Golden Palm Investments, Seedstars, Future Africa and Musha Ventures, the capital from this round is sure to catapult Chaka into a better standing and launch an even more exponential growth.

Chaka secures $1.5 million pre-seed funding to expand services and reach even better

O. Christopher - July 19, 2021

Google starts rolling out Assistant update to Pixel 3/ 3 XL units

Google starts rolling out Assistant update to Pixel 3/ 3 XL units

HP unveils EliteBook Folio, Elite X2 hybrid laptop

Microsoft launches Lumia 950, Lumia 950 XL, and Band 2

New Leak Speculates the Pricing of the Upcoming Realme GT Neo 2 Smartphone in India

New Leak Speculates the Pricing of the Upcoming Realme GT Neo 2 Smartphone in India

Samsung to start testing periscope camera for Galaxy S11 soon

Samsung to start testing periscope camera for Galaxy S11 soon

O. Christopher - October 8, 2019 0

Nubia reveals the launch date of the Nubia Z30 – confirms presence of top-notch cameras

Nubia reveals the launch date of the Nubia Z30 – confirms presence of top-notch...

O. Christopher - May 10, 2021 0

ZTE Blade V7, Blade V7 Lite unveiled

Emmanuel - February 23, 2016 0

POCO M3 Smartphone to Arrive in Taiwan on January 21

POCO M3 Smartphone to Arrive in Taiwan on January 21

O. Christopher - January 20, 2021 0

Microsoft is working on two new Surface tablets

Jia Khan - August 27, 2015 0

Realme C15 debuts in Indonesia with AI-powered rear cameras and massive battery capacity; to go on sale on July 29.

Realme C15 debuts in Indonesia with AI-powered rear cameras and massive battery capacity; to...

O. Christopher - July 28, 2020 0

Specifications and Images of OPPO K9’s New Variant Leaked

Specifications and Images of OPPO K9’s New Variant Leaked

O. Christopher - November 17, 2021 0

Motorola’s Moto G6 line-up gets certified in Asia as it primes for possible global launch

Motorola’s Moto G6 line-up gets certified in Asia as it primes for possible global...

O. Christopher - March 15, 2018 0

Sony Xperia 1 II price and release date revealed.

Sony Xperia 1 II price and release date revealed.

O. Christopher - May 25, 2020 0

Samsung S7/ S7 Edge, A3 (2017) and A5 (2017) to get Oreo too

Samsung S7/ S7 Edge, A3 (2017) and A5 (2017) to get Oreo too

O. Christopher - April 4, 2018 0

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