The investment platform Bamboo has launched a new app, ‘Coins by Bamboo’, aimed at Nigerians in the diaspora. This app is designed to facilitate money transfers quickly and economically through a Canadian money services license. Initially, the app targets the Nigeria-Canada corridor, offering services with no fees and competitive exchange rates. In addition to transfers, it also allows users to make donations to various charitable foundations. With ‘Coins by Bamboo’, Bamboo continues its mission to democratize access to investment for Africans while promoting positive social impacts.
Bamboo introduces the ‘Coins by Bamboo’ app for Nigerians in the diaspora
The investment platform Bamboo recently unveiled its latest innovation: an app called ‘Coins by Bamboo’, aimed at Nigerians living abroad. Facilitating money transfers is at the heart of this initiative, which aims to provide a fast and economical alternative to traditional transfer channels. With a Finance Service license in Canada, this app stands out for its efficiency and security, addressing the urgent needs of the remittance market. This is just the first step toward a broader opening, hoped for by Nigeria and other emerging markets.
A world of opportunities to invest and support
The co-founder and CEO of Bamboo, Richmond Bassey, sees ‘Coins’ as a tremendous opportunity to promote investments among Africans. He states that developing human capital is crucial in this dynamic. It is through such projects that they wish to contribute to a prosperous and sustainable future. Furthermore, the app provides users with the opportunity to make donations to multiple charitable foundations, such as the Women at Risk International Foundation or Bethesda Home For The Blind. Through this commitment, Bamboo hopes to democratize access to investment and foster social impact.
Partnerships for expanded reach
In its quest to revolutionize money transfer, Bamboo is not stopping there. Strategic collaborations with charitable organizations have been established to expand the footprint of this initiative. This partnership aims to offer users facilitated donation options while supporting causes that matter to them. The app is on its way to becoming an essential tool for anyone looking to make a positive impact, even thousands of miles away from their home country. More than just an app, ‘Coins by Bamboo’ is a gateway to ambitious and inclusive socio-economic engagement.
