Morocco’s Charikaty bags $150k investment

Charikaty

Moroccan RegTech Charikaty, a digital company formation and compliance platform, has raised fresh capital to accelerate its expansion across the country, as it looks to modernise how businesses are created and managed in Morocco.

The startup secured MAD 1.5m, approximately $150k, during Season 3 of “Qui Veut Investir Dans Mon Projet?”, Morocco’s leading startup investment show broadcast on national channel 2M.

The investment came from Ilan Benhaim, co-founder of Veepee and chairman of Endeavor Morocco, and Karim Amor, president of MeM by CGEM and founder of Epineon.ai, following a televised pitch that outlined the company’s growth plans and market potential.

Founded by Amr Mouaqit (CEO) and Driss Sijelmassi (COO), Charikaty offers fully digital company formation services in Morocco. Its platform manages the entire lifecycle of a business, from legal structuring and documentation to government registration, amendments, dissolution, trademark registration and ongoing compliance. By digitising processes that have traditionally involved heavy paperwork and lengthy administrative procedures, the company aims to reduce friction for entrepreneurs launching new ventures.

Each year, Morocco sees the registration of more than 90,000 new businesses, against the backdrop of the government’s “Maroc Digital 2030” strategy, which seeks to advance digital transformation nationwide. Charikaty positions itself as a piece of digital infrastructure for entrepreneurs, streamlining bureaucratic requirements and providing a more efficient pathway to incorporation and compliance.

The newly raised funds will be used to strengthen the company’s technology platform, expand its presence across Morocco and extend its service offering to entrepreneurs, SMEs and members of the Moroccan diaspora. The startup says it intends to further automate its processes and improve user experience as demand for digital-first legal services grows.

The investment was secured during a nationally televised pitch on “Qui Veut Investir Dans Mon Projet?”, offering the company high-profile exposure alongside financial backing from established figures in the regional technology and business ecosystem.

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