Sports Tech Startup FanBants Shuts Down

Technology
Written By Business of Sports Africa

Image Courtesy of FanBants

FanBants (Techstars 23), the African startup that fused fantasy sports with pop culture, has announced its closure after four years in operation. Founder Fola Folowosele announced earlier this week ending a venture that began with the support from Techstars. Beşiktaş J.K Professional Footballer Wilfred Ndidi who was also an investor and a prominent figure in its marketing campaigns.

Since its launch in 2021, FanBants carved out a niche by offering fantasy leagues for major sports tournaments and the Nigeria Professional Football League (NPFL).

Source: Startup Researcher

Business of Sports Africa
Previous

PFL Africa $100K Prize Money becomes one of the highest Payouts for Professional Fighters in Africa
Next

FIBA Basketball and ESPN Africa to bring Basketball games across Sub-Saharan Africa