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
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
Digital Sub-Broker
Nigeria (SEC)
Bamboo Systems Technology Limited
Sub-broker (NGX)
Nigeria
Bamboo Systems Technology Limited (via Lambeth Capital Limited)
Money Service Business
Canada (FINTRAC)
Internode Pay Limited
The stack
Payments / PSP
Accounting gap: none