Chaka raises $1.5m pre-seed funding

Chaka, a platform through which global trading and investment activities are facilitated, has announced the completion of a pre-seed funding round in which it raised US$1.5 million. 

Global venture capital firm Breyer Capital led the funding effort, alongside 4DX Ventures, Future Africa, Golden Palm Investments, Musha Ventures, 

This latest funding will help Chaka achieve its core goal which is to help African businesses facilitate digital investments and Seedstars.

The first fintech in Nigeria to obtain the recently launched digital sub-broker license from the Securities and Exchange Commission (SEC), Chaka’s funding couldn’t have come at a more perfect time. 

Breyer Capital CEO, Jim Breyer, commenting on the investment, said: “We’re confident in the value Chaka provides through its digital tools, and we look forward to playing our part in supporting Chaka’s team on their mission to drive borderless investments in Africa,” said Jim Breyer, CEO of Breyer Capital