Bamboo
Online brokerage for Africans to invest in local and international markets
Bamboo is an online brokerage founded in 2019 by Richmond Bassey and Yanmo Omorogbe, giving Africans and the diaspora access to local and international markets from one platform. It removes the need for a foreign bank account, broker minimum deposits, or extensive paperwork, and lets users begin with as little as ₦10,000 or $10.
The platform covers U.S. stocks and ETFs, Nigerian stocks and ETFs, Naira savings, government-backed Treasury Bills, dollar-denominated fixed-return investments, real estate, and IPOs and primary offers across U.S. and Nigerian markets. Users can invest on their own or use expert-managed funds, and an investment calculator models potential returns over time. Security features include bank-grade encryption, fraud prevention, and two-factor authentication. Bamboo is registered with Nigeria's SEC as a Digital Sub-Broker, with South Africa's FSCA, and through Bamboo Securities LLC with FINRA; it also operates through partnerships in Ghana and Kenya.
Bamboo is aimed at retail investors seeking diversified portfolios across asset classes and markets. It is available as a free account on iOS and Android, with no stated subscription tiers or seat-based pricing.
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