Bamboo is an investment platform that gives Africans real-time access to invest in or trade over 3,500 stocks listed on the U.S. stock market or their local exchanges, right from their mobile phones or computers.
With a market cap of over $31 trillion, the U.S. stock market makes up over 85% of all dollars that go into the global markets. Being the first of its kind, Bamboo is unlocking the limitless potential of the global markets to Africans.
Bamboo makes it fast and seamless to discover the best global and local companies to invest in. Users can fund their dollar or local currency balance almost instantly and start buying and selling shares in just a few taps or diversify their holdings by buying into a bundle of stocks (called an ETF).
Bamboo uses bank-level security and all accounts are duly held at a top-tier local and U.S. brokerage; as a member of the SIPC, each Bamboo account is insured up to $500,000.
Bamboo is launching first in Nigeria and expanding across the continent.