Flutterwave expands additional throughout Africa with acquisition of creator platform Disha
Flutterwave the Silicon-Valley based mostly and Pan-African focussed funds firm has acquired Nigeria creator platform Disha. The deal is undisclosed however is anticipated to be a six-figures. Disha is a platform permitting digital creators to curate and obtain funds from their content material and portfolios worldwide.
Early this yr, Disha made an announcement of its closing down for unclear causes. Within the deal phrases, Disha will keep on working as a separate model, The startup’s 20,000 customers will earn worth from their digital content material utilizing Flutterwave’s payout and assortment options. Disha was based in 2019 by Evans Akanno, Rufus Oyemade, and Blessing Abeng.
Olugbenga ‘GB’ Agboola, Flutterwave founder and CEO described the funding as a method for the cross-border startup to supply new alternatives to freelancers and creators. The fintech unicorn will permit Disha to proceed working as its personal model. The main target will as a substitute go in direction of its options and integrations that may assist these creators simply schedule conferences, exhibitions and construct sustainable revenue via subscriptions and leveraging expertise.
Most of Disha’s clients are based mostly within the US, EU, and U.Okay markets, presenting an opportunity for the corporate to cater to those that create, personal, promote or share digital experiences via NFTs. Flutterwave has had an energetic 2021, closing strategic partnerships with Nigeria Digital financial institution 9PSB in September, Currencycloud, and Airtel Cash in early October. Different creator platform startups in Africa are corresponding to Selar and Irawo.