Diligence memo · auto-generated · as of July 2, 2026
Chaka
Chaka looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Chaka operates in Fintech, based in Africa. Nigerian fintech startup Chaka has raised a US$1.5 million pre-seed funding round as it aims to expand its footprint to Ghana and other West African markets.
Sub-sector tags: fintech.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Chaka has raised $1.5M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $1.5M on 2021-07-20.
Most recent recorded round closed around 2021-07-20.
Valuation (modeled)modeled
Provath models Chaka at approximately $37M (range $960K–$303M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.68× the median modeled value of Pre-Seed Fintech companies in 2019–2021 (29 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 4.9 yr ago; this sector typically re-raises about every 12 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 75% of Fintech peers (1063 compared).
Modeled value ranks above 81% of those peers.
Closest niche peers: Telda, Prospa, Kuda, Wapi Pay, Okra.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.