Diligence memo · auto-generated · as of July 2, 2026
Chari
Chari looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Chari operates in Fintech, based in Casablanca, Casablanca-Settat, Morocco. B2B e-commerce and fintech platform for traditional proximity stores
Sub-sector tags: E-commerce, Fintech, Grocery, ecommerce/retail, fintech.
Capital & rounds (filed)filed
Chari has raised $5.0M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $5.0M on 2021-10-07.
Most recent recorded round closed around 2021-10-07.
Valuation (modeled)modeled
Provath models Chari at approximately $95M (range $4.3M–$531M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.95× the median modeled value of Seed Fintech companies in 2019–2021 (34 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 4.7 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 85% of Fintech peers (1063 compared).
Modeled value ranks above 88% of those peers.
Closest niche peers: Paymob, Alude Holdings Ltd., Stitch, Diool, Planet42.
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.