Bamboo Unveils Remittance App for Global Investment Access

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an investing platform that allows Africans to invest abroad with real-time access to global markets, has announced the debut of its remittance app,and now allows Nigerians in the diaspora to make faster, more secure, and cheaper money transfers to loved ones from the convenience of their mobile phones.

https://www.itnewsafrica.com/wp-content/uploads/2024/11/4027573513025331893building_wealth_from_the_ground_up-v1.mp4 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. This demonstrates the company’s dedication to democratizing wealth creation and investing in local communities and Africa’s future.Having successfully scaled the Canadian vetting process to acquire an MSB license, Bamboo is certified to offer remittance financial services to a high standard of regulatory and operational compliance.

For many in Africa, the remittance industry is a crucial lifeline. By addressing the high fees and complex transfer processes,© IT News Africa | All rights reserved. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. Analytical cookies are used to understand how visitors interact with the website.

 

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