On Friday, 20th March, Bamboo, an African investment platform, gathered Ghanaian users for an evening of conversation about the platform and to take feedback to help improve its services.
The event was held at Buro coworking space in Osu, Accra, where Bamboo co-founders Richmond Bassey and Yanmo Omorogbe sat down with users to discuss product updates and field questions from the audience.
Here’s what stood out from the engagement:
50,000 Users Strong; Bamboo 3.0 Is On The Way
Bamboo stated that there has been good growth on its platform in Ghana, with more than 50,000 registered users participating in stock buying and selling.
Like any growing company, they were constantly listening to feedback on how to improve the product and add new features.
Bassey stated that the Bamboo team is currently working on a new version of the app, and they are taking in feedback from users on how to build and improve the new version, which is likely to roll out this year.
Additional Features Including T-Bills and Local Stocks Are On The Table
Last year, Bamboo added Nigerian Exchange-listed stocks — complete with instant settlements and dividend payments — to its platform.
At the mixer, the conversation pointed toward even more. T-Bills, local stocks, and tools for portfolio diversification are all being explored.
The vision is a single app where a user can hold global tech stocks alongside local investments, and eventually access fixed-income products without switching platforms.
Their New Remittance App Is Supposed To Work in Ghana
Bamboo launched its remittance app, Misan, in late 2024. Built initially to serve Nigerians in the diaspora sending money home, Misan is similar to apps like LemFi, which allow users in countries including Canada to send funds back home.
Currently, registration for the app is not active in Ghana, even though the founders noted that it should allow users to use the platform. It was an issue they stated that they would fix.
Prediction Markets On The Horizon?
When prediction markets came up during the Q&A, it elicited an interesting response.
There has been an explosive growth of platforms like Polymarket and the appetite among younger African investors for more dynamic financial products.
At the moment, the addition of prediction markets is more of a regulatory hurdle than a technical one for Bamboo. But whether Bamboo users want that feature is something the founders stated they would explore.
The Bottom Line
Bamboo showed up to this mixer with a stronger hand than it’s ever held. More markets, more products, more regulatory credibility.
The challenge now is execution — turning a compelling product story into a business that sustains itself.
