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Photo 1 of the 'Bamboo, an investment platform founded in 2019 and a Y Combinator alumnus, provides Africans with the means to create wealth from the ground up by giving them real-time access to international markets. The company's main function is to enable Africans to purchase shares from US stock market companies. The business has recently released 'Coins by Bamboo,' a remittance app. The new remittance app, which is supported by the Canadian Money Service Business licence, will allow Nigerians living abroad to send money to loved ones more quickly, securely, and affordably from the comfort of their mobile phones. It is accessible on the Google PlayBamboo, an investment platform founded in 2019 and a Y Combinator alumnus, provides Africans with the means to create wealth from the ground up by giving them real-time access to international markets. The company’s main function is to enable Africans to purchase shares from US stock market companies. The business has recently released “Coins by Bamboo,” a remittance app. The new remittance app, which is supported by the Canadian Money Service Business licence, will allow Nigerians living abroad to send money to loved ones more quickly, securely, and affordably from the comfort of their mobile phones. It is accessible on the Google Play and Apple stores.
Bamboo claimed that the app was a continuation of its brand philosophy, which is to enable Africans to invest in anything, from any location. The firm is certified to provide remittance financial services to a high quality of operational and regulatory compliance after successfully scaling the Canadian vetting process to obtain an MSB licence. We are overjoyed to formally introduce “Coins by Bamboo” to the general audience. Co-founder and CEO of Bamboo Richmond Bassey stated, “Coins is a logical evolution of our core values – providing an opportunity for Africans to participate in the global investment economy.”
“We think that investing in other Africans—in their futures and well-being through the development of human capital—is one of the most significant and favoured investments made by Africans, and we wish to help ensure that this process runs smoothly. By encouraging social impact and chances to invest in the well-being of individuals who are most important to Africans, this new app fuels our objective to democratise access to investment opportunities for them. To help Nigerians living abroad contribute to causes and initiatives that are important to them, Bamboo is also collaborating with a number of charity institutions, such as Bethesda Home For The Blind, Chess2Slums, and Women at Risk International Foundation (WARIF).
