Bamboo Unveils Remittance App for Global Investment Access - News Summed Up

Bamboo Unveils Remittance App for Global Investment Access


The Y-Combinator-backed startup was created in 2019 as the first online brokerage service to connect Africans with the US stock market, allowing consumers from all socioeconomic backgrounds to buy and trade worldwide stocks via the Bamboo app. Coins by Bamboo is an extension of Bamboo’s brand principle of allowing Africans to invest in anything from anywhere. Speaking on the announcement, Richmond Bassey, co-founder and CEO of Bamboo, says, “We are thrilled to officially launch “Coins by Bamboo” to the public. Coins by Bamboo, a new app, will offer competitive rates and allow customers to donate directly to a curated list of charities. By addressing the high fees and complex transfer processes, Coins by Bamboo is offering a more streamlined and cost-effective alternative that benefits both senders and recipients.


Source: The North Africa Journal November 04, 2024 17:01 UTC



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