DisrupTech Ventures invests in Morocco’s YC-backed Chari to deepen fintech push
- Chari raised an undisclosed amount from DisrupTech Ventures as part of its Series A extension round.
- In October, Chari raised $12 million in a Series A round led by SPE Capital and Orange Ventures.
- DisrupTech's investment is its first in Morocco and second in Africa outside Egypt.
Chari's innovative approach to integrating fintech solutions into informal retail could significantly enhance financial inclusion in Morocco and beyond. The partnership with DisrupTech Ventures is a strategic move that can accelerate its growth and impact, but it will be crucial to monitor how effectively they can implement these changes in a traditionally cash-based market.
