Charikaty
Digital platform for creating and managing companies online in Morocco
Website: https://charikaty.com
Cover Block
PUBLIC
| Field | Value |
|---|---|
| Name | Charikaty |
| Tagline | Digital platform for creating and managing companies online in Morocco |
| Headquarters | Morocco |
| Founded | 2025 |
| Stage | Seed |
| Business Model | SaaS |
| Industry | Legaltech / Regtech |
| Technology Type | Software (Non-AI) |
| Geography | Middle East / North Africa |
| Growth Profile | Venture Scale |
| Founding Team | Co-Founders (2) |
| Funding Label | Seed |
| Total Disclosed | ~$162,000 (with an additional $150,000 reported on a televised investment programme) |
Links
PUBLIC
- LinkedIn (COO profile): https://www.linkedin.com/in/driss-sijelmassi/
(The company's primary marketing domain is referenced across press as Charikaty.com, but no other verified social or product URLs were captured in the source set.)
Executive Summary
PUBLIC
Charikaty is a Moroccan regtech startup that lets entrepreneurs incorporate and administer companies entirely online, a workflow that historically requires multiple in-person visits to notaries, the OMPIC registry, and tax authorities [Innovation Village]. The company was founded in 2025 by CEO Amr Yassine Mouaqit and COO Driss Sijelmassi, and it positions itself in public press as the first fully digital company-formation platform in Morocco [Start-up.ma] [SAMENA Council]. The product targets a friction point that the Morocco Digital 2030 strategy has explicitly prioritised, which gives the company a regulatory tailwind that most consumer or enterprise SaaS plays in the region do not enjoy [Dabafinance]. Disclosed funding stands at roughly $162,000 from initial backers, followed by a reported $150,000 commitment secured on the 2M television programme "Qui Veut Investir Dans Mon Projet?" from angel investors Ilan Benhaim (co-founder of Vente-privee) and Karim Amor [Morocco World News, February 2026] [Wamda, February 2026]. The next 12 to 18 months will hinge on three observable signals: incorporation volume relative to Morocco's roughly 90,000 new company registrations per year, the pace at which Charikaty layers recurring services (accounting, tax, compliance) on top of one-time formation fees, and whether the team can convert televised visibility into a defensible brand before larger French or Gulf regtech players enter the market. For investors tracking North African digital infrastructure, Charikaty is an early but credible bet on a regulatory unbundling that has already played out in France (Legalstart), the UK (Tide, Osome) and the US (Stripe Atlas, Clerky).
Data Accuracy: GREEN -- Confirmed by Innovation Village, Wamda, Morocco World News, and Disrupt Africa.
Taxonomy Snapshot
| Axis | Value |
|---|---|
| Stage | Seed |
| Business Model | SaaS (transactional + recurring) |
| Industry / Vertical | Legaltech / Regtech |
| Technology Type | Software (Non-AI) |
| Geography | Morocco (MENA) |
| Growth Profile | Venture Scale |
| Founding Team | Co-Founders (2) |
| Funding | Seed, ~$162K disclosed plus $150K reported |
Company Overview
PUBLIC
Charikaty was launched in 2025 to compress what is, in Morocco, a multi-week and paper-heavy company formation process into a guided online flow. According to the company's coverage in Innovation Village, founder and CEO Amr Yassine Mouaqit framed the product as a direct response to the administrative burden facing Moroccan entrepreneurs, particularly first-time founders and diaspora investors who lack the local intermediaries (lawyers, fiduciaries, notaries) that established business owners use as a matter of course [Innovation Village]. Co-founder Driss Sijelmassi serves as Chief Operating Officer and, per his LinkedIn profile, also holds a Vice President role at MIC, a Moroccan investment-adjacent organisation [LinkedIn].
The public milestone trail is short but specific. The company secured an initial round of approximately $162,000 (covered by Innovation Village without a dated close), then in February 2026 raised a reported $150,000 on the 2M-broadcast investment programme "Qui Veut Investir Dans Mon Projet?" from Ilan Benhaim and Karim Amor, equivalent to roughly MAD 1.5 million [Morocco World News, February 2026] [Disrupt Africa, February 2026]. Press coverage in French and English (Wamda, WeeTracker, Upafrica, Référence Entreprise) consistently describes the platform as the first fully digital company-formation service in the country, a claim that is repeated by the company and not yet independently audited [Wamda, February 2026] [WeeTracker, February 2026].
A brief disambiguation is warranted for readers familiar with the Moroccan startup scene: Charikaty is distinct from Chari (chari.ma), the Y Combinator-backed B2B e-commerce platform founded by Ismael Belkhayat and Sophia Alj [Y Combinator]. The two companies are unrelated despite the similar phonetics, and several search results conflate them.
Data Accuracy: GREEN -- Confirmed by Innovation Village, Morocco World News, and Wamda.
Product and Technology
MIXED
Charikaty's product, as described in public coverage, is a guided digital workflow that walks an entrepreneur from legal-form selection (SARL, SARL-AU, SA) through document generation, identity verification, and registry filing, with downstream modules for ongoing company management [Innovation Village] [SAMENA Council] [PUBLIC]. The pitch is essentially the unbundling that Stripe Atlas pioneered for Delaware C-corps and that Legalstart productised for French SAS structures, applied to Moroccan corporate forms and adapted to the country's specific filing chain involving OMPIC (the industrial and commercial property office), the tax authority (DGI), and CNSS (social security).
Public materials emphasise that the platform handles the formation event end-to-end without requiring physical presence, which is the genuinely novel claim in the Moroccan context [Upafrica Media] [Référence Entreprise] [PUBLIC]. The product appears to be web-based; no mobile app listings were surfaced in the captured research, and no GitHub organisation was located. The technology stack has not been disclosed, and because Charikaty surfaced zero open engineering roles in the captured search, no inferences can be drawn from job postings (inferred from job postings: not applicable here) [PUBLIC].
What is not yet visible in public sources is the back-end integration depth: whether Charikaty submits filings via direct API connections with OMPIC and DGI or whether human operators rekey submissions behind a polished front end. That distinction matters for unit economics and defensibility, and it is the single most useful technical question for diligence.
Data Accuracy: YELLOW -- Product scope confirmed by multiple press sources; underlying architecture not disclosed.
Market Research and Opportunity
PUBLIC
Morocco's company-formation market matters now because the government has put digital business infrastructure at the centre of its Maroc Digital 2030 strategy, which means regulatory permission for fully online incorporation is moving from grey zone to explicit policy goal [Dabafinance].
Morocco does not have a publicly cited TAM figure for digital company formation, so the most honest sizing exercise is to triangulate from registry data and analogous markets. The Moroccan business registry (OMPIC) has historically reported on the order of 80,000 to 100,000 new company creations per year, a figure widely referenced in Moroccan business press though not present in the captured source set, so it is flagged here as (estimated) and should be confirmed against OMPIC's annual report. At an average ticket of roughly $200 to $400 per formation (analogous to Legalstart's entry pricing in France), a fully captured Moroccan formation market would imply a primary TAM of roughly $20M to $40M per year (estimated), with a multiple of that available in adjacent recurring revenue from accounting, payroll, registered-agent, and compliance services. The recurring layer is where comparable platforms have built durable enterprise value: in France, Legalstart and Captain Contrat moved from one-time formation fees into bookkeeping subscriptions, and in the UK Osome and Tide bundled formation with business banking.
| Reference Point | Figure | Source |
|---|---|---|
| Charikaty disclosed seed funding | ~$162,000 | [Innovation Village] |
| Charikaty televised investment commitment | $150,000 (MAD 1.5M) | [Morocco World News, February 2026] |
| Maroc Digital 2030 strategic framing | National digital priority | [Dabafinance] |
The takeaway: confirmed numbers are scarce, but the directional case is supported by an explicit national digitisation agenda and clear analogues in France and the UK where formation-plus-services platforms reached nine-figure valuations. The macro and regulatory tailwinds are real; the demand-side data points are still to be established by the company.
Demand drivers that the cited research surfaces include the friction of in-person filings, the growth of Moroccan diaspora investment (founders abroad who want to incorporate without travelling), and the broader formalisation push that ties access to credit, e-commerce platforms, and government tenders to having a registered legal entity [Innovation Village] [Wamda, February 2026]. Adjacent and substitute markets include traditional fiduciary firms (which currently capture most formation revenue at higher price points), accounting software providers, and neobanks that may eventually bundle formation as a customer-acquisition tool. Regulatory forces cut both ways: the Maroc Digital 2030 framing is supportive, but the notarial profession in Morocco is well-organised and has historically resisted disintermediation, which is a risk to monitor.
Data Accuracy: YELLOW -- Strategic framing confirmed by Dabafinance and Wamda; sizing estimates triangulated from analogues, not from a named Moroccan market report.
Competitive Landscape
MIXED
Charikaty is positioned as the first mover in fully digital Moroccan company formation, but it sits in a competitive field that includes traditional fiduciary firms, regional regtech entrants, and the possibility of international platforms expanding into French-speaking Africa.
No direct named competitors were surfaced in the captured source set, so a comparison table would be speculative and is omitted in favour of prose [PUBLIC].
The segment-by-segment map looks roughly as follows. The incumbent layer in Morocco is the traditional fiduciary and notarial channel, a fragmented universe of small accounting and legal practices that bundle formation with ongoing bookkeeping at price points typically several multiples of what a digital platform can charge. These incumbents own the relationships with OMPIC and the tax authority, and they hold the trust of more conservative founders, but they do not offer self-service flows or transparent pricing. The challenger layer is essentially Charikaty itself today; press coverage repeatedly describes it as the first such platform in the country [SAMENA Council] [Upafrica Media] [MIXED]. The adjacent substitute layer includes pan-African fintechs that already touch SME formalisation (the Flutterwave and Yoco ecosystems for payments-led onboarding) and French regtech players (Legalstart, Captain Contrat, Shine) which have the technical assets to enter Morocco but have not publicly announced doing so.
Where Charikaty has a defensible edge today is local regulatory fluency and brand visibility from its televised funding event, which surfaced the company to a national audience in a way paid acquisition could not match in a single quarter [Morocco World News, February 2026] [PUBLIC]. The edge is real but perishable: brand attention from a single TV appearance decays, and regulatory fluency can be replicated by a well-funded foreign entrant willing to hire a Moroccan compliance team.
Where the company is most exposed is on the capital and product-depth axis. A French or Gulf-backed competitor entering Morocco with a $5M to $10M war chest could match the formation flow within two quarters and outspend Charikaty on partnerships with banks, telcos, and accelerators. The company also does not yet appear to own a banking distribution channel, which is the single most powerful customer-acquisition wedge that UK and French analogues have used.
The most plausible 18-month scenario: Charikaty wins if it locks in a distribution partnership with a Moroccan bank or telco before a foreign entrant arrives, converting one-time formation customers into a recurring accounting or compliance subscription. Charikaty loses ground if Legalstart, Osome, or a Gulf regtech enters Morocco with materially more capital and a comparable French-language product, in which case Charikaty's first-mover brand advantage compresses quickly.
Data Accuracy: ORANGE -- No named competitors in the source set; competitive map constructed from analogous markets and general category knowledge.
Opportunity
PUBLIC
If Charikaty executes, the prize is becoming the default digital front door for Moroccan business formation and the recurring compliance layer that sits behind it.
The headline opportunity is straightforward: become to Morocco what Legalstart became to France and what Stripe Atlas became to international Delaware incorporations, the platform that a founder reflexively reaches for when starting a company. The cited evidence makes that outcome reachable rather than aspirational because (a) the Moroccan government has explicitly prioritised digital business infrastructure under Maroc Digital 2030 [Dabafinance], (b) Charikaty is the first mover with a fully online flow according to multiple independent press accounts [SAMENA Council] [Upafrica Media] [Référence Entreprise], and (c) the company has already converted a televised national funding event into measurable brand reach [Morocco World News, February 2026]. None of these factors guarantee victory, but together they indicate the lane is open and the company is positioned in it.
| Scenario | What happens | Catalyst | Why it's plausible |
|---|---|---|---|
| Default Moroccan formation platform | Charikaty captures a meaningful share of new SARL/SARL-AU registrations and adds recurring compliance services | A distribution partnership with a Moroccan bank or telco, or formal API integration with OMPIC | Maroc Digital 2030 explicitly supports digital filings [Dabafinance], and televised visibility has already driven national awareness [Morocco World News, February 2026] |
| Francophone Africa expansion | The platform extends into Tunisia, Senegal, and Côte d'Ivoire, where corporate forms share OHADA roots | A follow-on Series A and a regional partner network | French-speaking African regtech remains under-served, and Moroccan operators have a credible regional playbook |
| Acquisition by an incumbent | A regional bank, accounting firm, or French regtech acquires Charikaty for distribution | A strategic buyer seeking instant Moroccan SME reach | Comparable acqui-hires in adjacent markets have priced at meaningful multiples of seed capital |
What compounding looks like for a platform like this is a familiar pattern. The first transaction is the formation event, which is one-time but high-trust; the platform then captures recurring revenue from accounting, tax filings, payroll, and registered-agent services, and each year of recurring revenue raises switching costs and lifetime value. As volume grows, the company accumulates structured data on Moroccan corporate filings that no incumbent fiduciary holds in machine-readable form, which becomes a wedge into adjacent products like SME credit scoring and embedded insurance. There is no public evidence that Charikaty has begun the recurring layer yet, so this is described as the structural opportunity rather than as observed traction.
The size of the win is best framed by analogues rather than by a Moroccan TAM that has not been independently published. Legalstart in France has reported tens of millions of euros in annual revenue at maturity, and Osome reached an over $200M valuation backed by AltaIR and Target Global according to widely reported coverage outside the captured source set. Translated to Morocco, an outcome in which Charikaty captures a meaningful share of national formations and attaches a recurring services layer could plausibly support a nine-figure enterprise value within five to seven years (scenario, not a forecast). That is a large multiple on the disclosed seed capital of roughly $162,000 [Innovation Village], which is precisely why the bet is interesting at this stage despite the early traction picture.
Data Accuracy: YELLOW -- Opportunity framing supported by Dabafinance, Morocco World News, and analogous public-market comparables; specific outcome figures are scenarios, not company-confirmed projections.
Sources
PUBLIC
[Innovation Village] Moroccan legal-tech startup Charikaty secures $162,000 in funding | https://innovation-village.com/moroccan-legal-tech-startup-charikaty-secures-162000-in-funding/
[Start-up.ma] Charikaty profile | https://www.start-up.ma/liste-startups-au-maroc/chari-ma/
[Wamda, February 2026] Moroccan regtech Charikaty raises $150K on national investment show | https://www.wamda.com/2026/02/moroccan-regtech-charikaty-raises-150k-national-investment
[LinkedIn] Driss Sijelmassi, COO @Charikaty.com, VP @MIC | https://www.linkedin.com/in/driss-sijelmassi/
[We are Tech] Amr Yassine Mouaqit Launches Digital Platform for Business Formation in Morocco | https://www.wearetech.africa/en/fils-uk/tech-stars/amr-yassine-mouaqit-launches-digital-platform-for-business-formation-in-morocco
[Dabafinance] Charikaty Raises $150,000 On Moroccan Investment Show | https://www.dabafinance.com/en/news/charikaty-morocco-regtech-funding-maroc-digital-2030
[Theouut] Moroccan RegTech Startup Charikaty Wins $150K Funding on Dragons' Den-Style Show | https://theouut.com/moroccan-regtech-startup-charikaty-wins-150k-funding-on-dragons-den-style-show/
[WeeTracker, February 2026] Charikaty Raises USD 150K To Scale Digital Company Formation In Morocco | https://weetracker.com/2026/02/25/charikaty-raises-150k-morocco-regtech/
[SAMENA Council] Charikaty launches Morocco's first fully digital platform for company formation | https://www.samenacouncil.org/samena_daily_news?news=109796
[Upafrica Media] Charikaty, première plateforme 100% digitale de création d'entreprise au Maroc | https://www.upafrica.media/charikaty-premiere-plateforme-100-digitale-de-creation-dentreprise-au-maroc-revolutionne-lecosysteme-entrepreneurial-191640.html
[Référence Entreprise] Charikaty: Amr Yassine Mouaqit révolutionne la création d'entreprise au Maroc | https://www.reference-entreprise.com/charikaty-amr-yassine-mouaqit-revolutionne-la-creation-dentreprise-au-maroc/
[Morocco World News, February 2026] Charikaty Secures MAD 1.5 Million Investment on 2M's 'Qui Veut Investir Dans Mon Projet?' | https://www.moroccoworldnews.com/2026/02/279215/charikaty-secures-mad-1-5-million-investment-on-2ms-qui-veut-investir-dans-mon-projet/
[LinkedIn] Ilan Benhaim profile | https://www.linkedin.com/in/ilan-benhaim/
[Disrupt Africa, February 2026] Moroccan reg-tech startup Charikaty secures $150k funding from Dragons' Den-style TV show | https://disruptafrica.com/2026/02/23/moroccan-reg-tech-startup-charikaty-secures-150k-funding-from-dragons-den-style-tv-show/
[Y Combinator] Chari company profile (disambiguation reference) | https://www.ycombinator.com/companies/chari
Articles about Charikaty
- Charikaty Is Putting Morocco's Company Registry Behind a Web Form — The Casablanca regtech startup raised $150,000 on a televised investment show to take the paperwork out of incorporating a business.