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Chaka

Your passport to trade global and local stocks securely
AcquiredFintechWealth & Personal FinanceLagos, LagosFounded 2019

What it does

Chaka was founded in 2019 by Tosin Osibodu to enable African retail and institutional investors to trade US and local Nigerian stocks seamlessly. The company provides a borderless investment portal offering access to thousands of global equities, ETFs, and bonds. Notably, Chaka was the first fintech granted a Digital Sub-Broker license by Nigeria's SEC.

Investment / brokerage platformsTrading platformsFractional / alternative asset investingMicro-investing

Known for

  • First SEC-licensed Digital Sub-Broker in Nigeria
  • US and global stock trading for Africans
  • Chaka for Business API infrastructure
  • Multi-currency investment balances

Model & industry

Marketplace / Aggregator modelInvestment & Capital Markets

Funding history

$1.5M
Total raised
1
Rounds
Pre-Seed
Latest stage
2021
Latest year
DateStageAmountLead investor
2021-07Pre-Seed$1.5MBreyer Capital

Products & subsidiaries

Chaka Trading Portal · Retail Brokerage PlatformChaka Brokerage SDK · Brokerage API

People

Investors

Breyer CapitalMicrotractionSeedstarsGolden Palm Investments

External links