Morocco’s Chari raises bridge round

Morocco’s Chari raises bridge round

Press release:

Aiming to take a serious step towards the fintech space, Chari announces today the closing of a bridge round led by the Saudi-based venture capital fund Khwarizmi Ventures (KV), AirAngels (Airbnb Alumni Investors), and Afri Mobility, the venture capital arm of AKWA Group. 

Chari is a B2B e-commerce and fintech startup that digitises the largely fragmented FMCG sector in French-speaking Africa. By using Chari’s app, traditional convenience stores in Morocco and Tunisia can order all the products they need and receive them in less than 24 hours.