DizzitUp is a global marketplace that allows
all Africans, wherever they are to finance, sell
and buy basic necessity products and services
anywhere on the continent.
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DizzitUp Marketplace, powered by DizzitApp, its stablecoin wallet available on IOS and Android, is exclusively reserved for African VSEs/SMEs to bring them additional revenue from both domestic customers and the diaspora (80 million Africans worldwide)
In 2019, the World Bank estimated that remittances to the African continent amounted to 56 billion USD, while e-commerce for 43 billion USD. By allowing the African diaspora to buy online goods and services for their families back home, DizzitUp offers a real alternative, economically virtuous, to remittances.
More than just an e-commerce start-up, DizzitUp is also considered as a Fintech, for having developed a decentralized and secure digital infrastructure for instant transfer and payment (settlement) based on blockchain and stablecoin in order to protect users' assets from inflation and devaluation of local currencies.
For some, DizzitUp is an African fintech start-up. For us, it is first and foremost a digital platform for trade and decentralized financial services that dreams of contributing to the economic development and financial protection of African VSEs and SMEs.
To do so, we have designed and developed DizzitUp Marketplace, a marketplace exclusively for local merchants and African companies offering basic necessity products and services.
Today, we are already established in Togo, Kenya and Madagascar. We also have an office in Paris to ensure the relationship with the French speaking diaspora.
During 2023, we are already planning to open 3 new subsidiaries in Benin, Ivory Coast and Nigeria. We also plan to open an office in the United Kingdom to ensure the relationship with the English-speaking diaspora.
We address ourselves to 3 types of population:
1 - Merchants and local companies, to whom we offer visibility on the web and the possibility to sell their products online without any investment on their part. Indeed, the registration is free and we take care of the uploading of their offer and its integration on the platform (photos, descriptions, prices, ...). We pay ourselves exclusively on the commercial transactions, once the products are received or recovered by the beneficiaries.
2 - The African Diaspora, who can choose to buy directly a product (food, equipment, ...) or a service (health, education, ...) from a local merchant or service provider for their family back in Africa, rather than sending money.
3 - Local populations, who can now buy online, for themselves or for distant relatives, goods and services that were previously only available "in real life”.
DizzitUp is an integrated marketplace with Decentralised Finance services through DizzitApp application, its stablecoin wallet on IOS & Android smartphone. It is focused on selling basic necessity products and services distributed by African merchants.
Merchants benefit from unique services and features on the continent:
All users, Merchants and buyers will benefit also from unique blockchain powered easy-to-use Decentralised Finance (DeFi)services such as:
We could have been satisfied with developing a "classic" marketplace, but our ambition is to work towards the financial protection of African VSEs and SMEs. This is why we have developed specific functionalities for financial transactions, in order to facilitate exchanges between merchants and their customers (online):
Created by experienced top executives, serial entrepreneurs with African roots, DizzitUp is supported by 43 individual investors (Business angels) of which 15 are Africans or of African origin.