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Bamboo Global Inc | Company profile, Business Model, and Operations

Recieved Funding?
yes
Type of Funding
Series A Funding
Number of Funding Phases
6
Business Type
Private Company

All you need to know about Bamboo Global Inc

About Us

Bamboo is a financial platform designed to empower Africans with the resources needed to create wealth by providing real-time access to global markets.

Investing is a well-regarded and enduring method for creating lasting wealth around the globe.

However, in Africa, the majority are experiencing a decrease in wealth due to limitations in local capital markets, and volatile currency returns impacted by inflation and devaluation.

Additionally, many Africans are not investing due to a lack of knowledge about the investment process and what to invest in.

We have addressed this issue and created an internet-based brokerage platform that provides Africans with immediate access to international investment opportunities.

Over the course of several years, we have developed a seamless, data-informed, and open-investment platform that is accessible to all, regardless of where you are located, your income, or your financial knowledge.

Our technology offers real-time access to the US Stock market, as well as other global capital markets and investment products, providing both retail investors and institutions with opportunities for real, inflation-adjusted returns.

The U.S. stock market has a market cap exceeding $31 trillion, representing more than 85% of the total funds invested in global markets. Bamboo, as a pioneering platform, is enabling Africans to access the boundless opportunities offered by the global markets.

Bamboo provides the Bamboo Fixed Returns*, an investment in dollar-denominated fixed-income that offers potential annual returns of up to 8% USD.

This investment option minimizes risk while allowing you to enjoy the advantages of being invested, such as higher yields compared to traditional dollar savings accounts.

Bamboo enables quick and effortless exploration of top investment options, both globally and locally.

Users can swiftly fund their account with either dollars or their local currency and begin purchasing shares, ETFs, or investing in Fixed Returns with just a few simple steps.

Bamboo employs bank-level security measures and holds all brokerage accounts at top-tier local and U.S. brokerages. Each Bamboo brokerage account is safeguarded by the SIPC.

For additional information on this, please click here. Bamboo collaborates with SEC-licensed investment managers and is also officially licensed by the Nigerian Securities Exchange Commission (SEC) as a digital sub-broker.

  • Headquarters: Lekki, Nigeria
  • Year Founded: 2019
  • Number of Employees: 11-50

Our Mission

  • To democratize investing in the US stock market for Nigerians and those outside the US by offering fractional shares and a low minimum investment.
  • Empower new investors with educational resources and a user-friendly platform to build wealth through US stocks.
  • To make investing in the global market accessible and secure for Nigerians.

What is the Stock Market?

Bamboo provides access to the stock market, allowing individuals to buy shares of companies and become partial owners.

We streamline the process by serving as the intermediary between investors and brokers, eliminating the need to deal with brokers directly.

With over 3,000 stocks available, we aim to simplify and make the investment process more efficient for all parties involved.

Our Services

  • The U.S. Stock Market: Buy shares and become a part-owner of global companies such as Apple, Microsoft, and many more. You don't need enough to buy a whole share – InvestBamboo lets you buy a portion of a share.
  • The Nigerian Stock Market: Buy shares and become a part-owner of Nigerian companies such as Dangote, Access Holdings, and many more. (Nigeria only at this time).
  • Bamboo Fixed Returns: A fixed-income dollar-denominated investment that gives you up to 8% annual returns. This product is available in Nigeria only at this time.

What Countries is Bamboo Available in?

Bamboo can be found in both Nigeria and Ghana at the moment.

You can utilize the Bamboo app from any location worldwide if you possess a Nigerian BVN or a Ghana Card! We are dedicated to expanding to additional countries in the near future and aim to cover as many countries as possible.

Company Co-founders
Umar Faruq Akinwunmi
Richmond Bassey

Bamboo Global Inc
Business Model

The Company major services and product include: Finance, Asset Management, Equity Trading, Wealth Management, Retail Brokerage, Stockbroking, B2B Solutions

The Company was Founded
The Company was established on
January 2, 2019
HeadQuarters
The Company has its Operational Headquarters at Lagos, Nigeria
Industry
The Company is contributing to the development of the Industry B2B, Financial Services
Staff Strength since Inception
The Company prides in her team member of about 1 - 50 active members

Bamboo Global Inc Business Model

The Company major services and product include: Finance, Asset Management, Equity Trading, Wealth Management, Retail Brokerage, Stockbroking, B2B Solutions

yes
Have they recieved Funding from VCs
yes
Have they recieved Funding from VCs
yes
How many number of Funding rounds?
—104m
Company Net worth as of 2023

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