31/01/2022
Bamboo, a NIgerian fintech startup launched in 2020, is a platform that allows Nigerians buy and sell US shares. It gives an unrestricted access to over 3000 stocks on the U.S stock exchange list, right from your mobile phone.
Recently, in a series A funding round led by American Venture Capital firms, Bamboo was able to raise 15 million dollars
Despite the continuing pandemic, 2021 saw Africa’s potential being realized. The continent saw startups raising a staggering US$4.27 billion – more than the previous two years combined. Furthermore, the investments are paying off, with five unicorns minted in 2021 alone.
The rise of the African tech sector is being noticed by significant players in the industry. Sundar Pichai, Google’s CEO, recently announced the company would invest US$50 million in African startups, and would be financing US$1 billion in technology-led initiatives in the continent over the next five years.
