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Bamboo

“Can a Nigerian fractional-investing app become the financial OS for the African diaspora — bridging brokerage, FX, and remittance?”

Founded2019
HQLagos, Nigeria (with San Francisco office)
Total raised$17.4M+
Latest roundSeries A, 2022
IndustryFintech / Investment
The story

Bamboo launched in 2020 as a Nigerian app for fractional investing in US stocks, using DriveWealth as its US brokerage partner. After raising $15M from Tiger Global and Greycroft in 2022 it expanded into Ghana. In 2025 the group launched Misan via a Canadian subsidiary (Internode Pay Limited, FINTRAC-registered) — pivoting beyond brokerage into cross-border money movement / remittance for the African diaspora.

Last 12 months
2025-05
Product timeline
2020
Bamboo launched in January 2020 as a Nigerian fractional-investing app for US stocks· launch
2021
Raised $2.4M to scale Nigerian investment platform· funding
2022
Raised $15M Series A led by Greycroft and Tiger Global· funding
2025
Launched Misan (Internode Pay Limited), a Canada-based remittance/money service offering· launch
Regulated entities
3
regulatory licences held by Bamboo
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
1 layer disclosed in Bamboo’s embedded-finance stack
Payments / PSP
Flutterwave
Accounting gap: none

Bamboo — frequently asked

Who is Bamboo's payment processor?

Bamboo processes payments through Flutterwave.

Where is Bamboo headquartered?

Bamboo is founded in 2019 and headquartered in Lagos, Nigeria (with San Francisco office).

How much funding has Bamboo raised?

Bamboo has raised $17.4M+ in total (latest round: Series A, 2022).

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