Investment Platform Bamboo Launches in South Africa
The platform will offers US-listed stocks to South Africans with as little as ZAR150.
Investment Platform Bamboo Launches in South Africa
Bamboo—a startup that offers companies shares investment opportunities in Nigeria—has announced launch of services in South Africa. The platform launched in SA for the purpose of letting South Africans to access global US-listed stocks through fractional investing with as little as ZAR150. In addition to that, Bamboo—an investment platform that gives Africans the tools to build wealth from the ground up through real-time access to the global markets—will be breaking down the traditional barriers that have long kept everyday investors and traders out of international markets in South Africa. According to Yanmo Omorogbe, co-founder and chief operating officer at Bamboo, people in Africa are starting to change the way they think about growing their money and investing. South Africa is seen as a very important place to help more people get access to financial services, like investing and saving, especially those who haven’t had those opportunities before. We’re witnessing a fundamental shift …
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Temmy is the founder of Budgetrend. He is a seasoned journalist with extensive experience in business of technology, economy, finance, business, money, politics and education. He is currently studying Accounting at the Federal University of Oye-Ekit…