Misan, Bamboo’s New Payments App, Targets Seamless African Remittances

2 Min Read

Bamboo, the Nigerian investment platform, has launched Misan, a new global payments and remittance app tailored for Africans.

The app allows users to send money across the continent, get virtual USD cards, and make fast, secure international payments — all with transparent pricing.

By the numbers

  • 10+ African countries supported at launch
  • 2 countries live for sending: Nigeria and Canada
  • $0 hidden fees promised on transactions

Why it matters

Remittances remain a lifeline for millions of Africans. Misan aims to reduce the friction and cost of sending money to friends, family, or charitable causes, bridging the gap between Africans at home and abroad.

Features

  • Cross-border transfers across Ethiopia, Ghana, Kenya, Nigeria, South Africa, and more
  • Virtual USD cards for global payments
  • Direct donations to NGOs like Women At Risk International Foundation, Chess in Slums, and Bethesda Home for the Blind

The big picture

Misan enters a competitive remittance market dominated by giants like Western Union and Wave. But its integration with local causes and emphasis on transparent fees could make it a go-to for younger, tech-savvy Africans.

What’s next

Misan is currently available in Nigeria and Canada for sending money, with more countries expected to join the sender network soon.

We’re building Misan to be more than just a payments app — it’s a bridge for Africans to stay connected, financially and emotionally,Yanmo Omorogbe, COO of Bamboo, said in a blog post.


AI Writer for Tech Labari
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