Moroccan Startup Wins $150K to Simplify Business Registration

Starting a business in Morocco means wrestling with costly paperwork, confusing compliance rules, and administrative delays that can crush entrepreneurial dreams before they begin.

That challenge just got a powerful solution. Charikaty, a regulatory technology startup, secured $150,000 in funding after pitching on Morocco's top investment show "Qui Veut Investir Dans Mon Projet?" The digital platform transforms the country's notoriously difficult business registration and compliance processes into streamlined, accessible steps.

Founded by Amr Mouaqit and Driss Sijelmassi, Charikaty tackles a problem affecting thousands of would-be entrepreneurs. Morocco sees over 90,000 new businesses registered annually, yet countless founders struggle with administrative complexity that drains time and money. The platform guides users through every regulatory requirement, making compliance simple for small businesses and Moroccans living abroad who want to invest back home.

High-profile investors backed the vision with real money. Karim Amor, President of MeM by CGEM and founder of Epineon.ai, joined forces with Ilan Benhaim, co-founder of French e-commerce giant Veepee and Chairman of Endeavor Morocco. Their investment signals confidence that Charikaty can scale across Morocco and beyond.

The Ripple Effect

When bureaucracy stops being a barrier, entrepreneurship flourishes. By removing administrative roadblocks, Charikaty opens doors for people whose great ideas might otherwise die in paperwork purgatory. Small businesses get to focus on growth instead of compliance confusion.

The startup's success reflects growing investor interest in regulatory technology across North Africa, where entrepreneurs face similar obstacles. As Charikaty expands its technology infrastructure nationwide, it directly supports Morocco's "Maroc Digital 2030" strategy to modernize the country's digital economy.

Every business that launches more easily creates jobs, serves communities, and builds Morocco's economic future.