Chari

Le portefeuille électronique pour tous les Marocains

Casablanca, Morocco · Founded 2020 · $5.0M raised

Headquarters
Casablanca
Employees
51–200
Founded
2020
Business Model
B2B
Website
chari.co
Total Funding
$5.0M
Last Round
$5.0M BridgeJan 2022
Rounds
2

About

Chari is a B2B e-commerce and fintech platform founded in 2020 by Ismael Belkhayat and Sophia Alj, headquartered in Casablanca, Morocco. The company serves traditional proximity retailers across French-speaking Africa by enabling them to order consumer goods (600+ SKUs) through a mobile app and receive free delivery within 24 hours, bypassing fragmented traditional supply chains. Chari also provides embedded financial services including microloans, bookkeeping tools, and a closed-loop credit system through its app. In October 2025, Chari raised a $12 million Series A round — the largest in Moroccan startup history — to expand its operations and deepen its fintech capabilities including Chari Pay, a secure payment gateway for its retailer network. The platform has grown to 100 employees and participates in Y Combinator's Summer 2021 batch. Founders Belkhayat (ex-Boston Consulting Group) and Alj (ex-McKinsey) bring strong strategy consulting backgrounds to the company's mission of digital and financial inclusion for small retailers across Africa.

Summary

Chari is an E-Commerce company based in Casablanca, Morocco, founded in 2020. It has raised $5.0M in total across 2 rounds, most recently a $5.0M Bridge round in Jan 2022. Investors include Khawarizmi Ventures, AirAngels and Afrimobility.

Funding History

BridgeBridge RoundJan 2022

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Seed through Bridge — per-round amounts, valuations, and who invested in each round.

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