Recently, Bamboo Invest App launched its equity trading services for Nigerians at home and in the diaspora. However, not many people really know the folks behind the app.
Firstly, the Bamboo Invest allows Nigerians to buy and sell stocks, exchange traded funds (ETFs) and index funds, derivatives listed in major exchanges in the U.S. such as the NASDAQ, the New York Stock Exchange. The app and its stock trading services which is made possible through a partnership with one of the largest digital trading technology in the U.S., DriveWealth Inc. and Lambeth Capital, a Nigerian stockbroking firm duly registered with the Securities and Exchange Commission (SEC), and Flutterwave, one of Africa’s largest payment platform.
While the startup has not launched in other African countries, it has not also launched trading in stocks listed on the Nigerian Stock Exchange (NSE).
While researching into the team behind Bamboo, here is what we found out.
The app was founded by Richmond Bassey and Yanmo Omorogbe.
Yanmo Omorogbe
She is the Co-Founder and Director of Growth at Bamboo. Before founding Bamboo, she was an Investment Associate at the African Infrastructure Investment Managers (AIIM).
Richmond Bassey
He is the Co-founder and CEO at Bamboo. He served as the Chief Of Staff for Helium Health prior to that. In an interview on Pulse.ng, Bassey describes Bamboo as being “on a mission to even out the playing field for access to global investment opportunities for everyday Nigerians.” He continues, “We believe everyday Nigerians that want to grow their personal wealth long-term and take part in the global markets should have an investment platform they can trust enough to do so.”
