Chaka - About the company
Chaka is an acquired company based in Lagos (Nigeria), founded in 2019 by Tosin Osibodu. It operates as a Provider of a regular trading platform for stocks. Chaka has raised $1.53M in funding from Breyer Capital and Seedstars. The company has 1570 active competitors, including 105 funded and 109 that have exited. Its top competitors include companies like Robinhood, Groww and Public.
Company Details
Provider of a regular trading platform for stocks. It allows users to invest in stocks and ETFs on international stocks. It also provides assets and portfolios handpicked by asset managers to invest in.
- Website
- chaka.com
- Social
- Email ID
- *****@chaka.ng
- Phone Number
- +234 **********
Key Metrics
Founded Year
2019
Location
Lagos, Nigeria
Stage
Acquired
Total Funding
$1.53M in 2 rounds
Latest Funding Round
Investors
Ranked
82nd among 1570 active competitors
Employee Count
152 as on Aug 31, 2026
Exit Details
Acquired by Rise (Sep 26, 2023)
Chaka's acquisition details
Chaka got acquired by Rise on Sep 26, 2023.
Click here to take a look at Chaka's acquisition in detail
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Chaka's funding and investors
Chaka has raised a total funding of $1.53M over 2 rounds. Its first funding round was on Oct 07, 2020. Its latest funding round was a Seed round on Jul 20, 2021 for $*****. 6 investors participated in its latest round. Chaka has 9 institutional investors.
Here is the list of recent funding rounds of Chaka:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 20, 2021 | 9339586 | Seed | 6927933 | 2811653 | 2828717 | 7035606 |
Oct 07, 2020 | 4319273 | Seed | 8010515 | 6462286 | 8608872 |
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Chaka's founders and board of directors
Founder? Claim ProfileThe founders of Chaka is Tosin Osibodu.
Here are the details of Chaka's key team members:
- Tosin Osibodu: Co-Founder & CEO (acquired) of Chaka. Contact Info: 1 email address
View details of Chaka's Founder profiles and Board Members
Chaka's employee count trend
Chaka has 152 employees as of Aug 26. Here is Chaka's employee count trend over the years:
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Chaka's Competitors and alternates
Top competitors of Chaka include Robinhood, Groww and Public. Here is the list of Top 10 competitors of Chaka, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Robinhood 2013, Menlo Park (United States), Public | Broker-based online trading and investment platform | $5.73B | 89/100 | |
2nd | Provider of digital brokerage services for stocks and mutual funds | $596M | 88/100 | ||
3rd | Public 2019, New York City (United States), Series D | Multi-asset investment platform for individuals | $421M | 80/100 | |
4th | Freetrade 2015, London (United Kingdom), Acquired | App-based stock market trading platform | $165M | 79/100 | |
5th | Provider of online trading platforms for stocks bonds and derivatives | $549M | 78/100 | ||
6th | Wealthsimple 2014, Toronto (Canada), Series F | Provider of financial services including investing, trading, saving, and borrowing | $1.29B | 77/100 | |
7th | Online investing platform for stocks and mutual funds | $515M | 77/100 | ||
8th | Broker-based online trading and investment platform | $220M | 77/100 | ||
9th | Developer of financial service products and infrastructure for Indian residents | $146M | 77/100 | ||
10th | Scalable Capital 2014, Munich (Germany), Series F | Provider of a digital investment and brokerage platform | $550M | 77/100 | |
82nd | Provider of a regular trading platform for stocks | $1.53M | 55/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Chaka's competitors? Click here to see the top ones
Chaka's Investments and acquisitions
Chaka has made no investments or acquisitions yet.
Reports related to Chaka
Here is the latest report on Chaka's sector:
News related to Chaka
Media has covered Chaka for a total of 3 events in the last 1 year, 3 of them have been about company updates.
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•
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Tosin Osinbodu, founder of Chaka, departs from the company following its merger with RiseInnovation-village•Jan 29, 2024•Chaka, Alpaca Securities
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Risevest Acquires Chaka: A Fintech Merger Set to Revolutionize Nigeria’s Investment LandscapeInvestors King•Sep 27, 2023•Rise, Chaka
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Nigerian fintech startup Chaka raises $1.5m pre-seed fundingDisrupt Africa•Jul 20, 2021•Chaka, Breyer Capital, 4DX Ventures, Golden Palm Investments and 5 others
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FAQs about Chaka
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