Flutterwave has reportedly pushed to acquire Disha, a Nigerian-based creator platform that generates funds for its audience per original portfolios available for interested users willing to make payments for digital content available for sale. Flutterwave has always dedicated its services to developing start-up tech companies to promote the fintech industry with ease transaction.
Unlike Flutterwave that has been in the digital industry for five years, Disha remains a lucrative amateur digital platform reserved for content creators established in 2019. Disha’s acquisition was leaked on social media platforms whereby, its FAQ documents were viral on Twitter — it also featured Flutterwave as its parent company in the same FAQ document branded by the Disha that disappeared after the acquisition is official.
Remember Disha reportedly unionized its global business in the wake of 2021 while the public thought the creator platform had shut down its services. Techbooky revealed Flutterwave’s new subsidiary company has gained thousands of users in the space of two years since it came to the limelight. Disha exhibits enough potential to be the apple of Flutterwave’s eye.
Flutterwave has always intended to promote the African digital ecosystem with lucrative business initiatives originating from its fintech resources. Per Flutterwave’s confirmation of parenting Disha’s productivity and managing its decisions, the fintech company is expected to bolster the already made user base Disha has bootstrapped overtime which is expected to supersede twenty thousand users.
The fintech company did not reveal the cost for purchasing its new subsidiary company dedicated to creating digital content — Techbooky suggests the bargaining price should be worth more than half a million. It is worth noting that Disha is the first startup company Flutterwave has acquired and it does not perform the same fintech operations. Still, Disha remains digitally inclined.
Before these latest improvements, Disha has reportedly rivaled other digital platforms such as Irawo and Selar — these platforms have consistently indulged diverse content creators from around the world to influence their digital brand. However, Disha remains in its prime among the trio of African-based digital creator platforms, whereby it originated the payment system to access transactions for contents on these platforms.
Disha has reportedly gained over 20,000 users that bolstered its growth by a 100% rate. Still, the creator platform has reportedly accounted for minimal revenue which is equivalent to a thousand dollars per month. For contrast, Disha has been existing on minimal resources that encouraged the previous chief executive to step down which almost shut down the digital company officially until Flutterwave came to the rescue.
Flutterwave has enough resources to uplift Disha’s performance as an autonomous brand to administer its decisions. Flutterwave intends to integrate its services with its newly acquired subsidiary to process transactions in entire Africa and across the globe.
Per Flutterwave’s chief executive, Olugbengba Agboola comment he revealed his company’s plans to innovate the African digital ecosystem. “Disha is a global tool and the global creator economy is enormous, and with NFTs growing in popularity, there’s no limit to how huge the creator economy can grow.”
The digital ecosystem had gotten advanced with diverse intellect utilizing the internet to bolster businesses and freelancing initiatives that were promoted by the previous COVID-19 era. Digital experience is now lucrative where Flutterwave integrated with Disha will bolster the African digital market by a $100 bn, according to Flutterwave’s budget.
