YC-backed Bamboo expands to Canada with remittance product

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Bamboo, the Y Combinator-backed investment app that allows Africans to buy and trade local and international stocks, is expanding to Canada after securing the country’s Money Service Business (MSB) licence.

The company will also launch its remittance payment service, Coins by Bamboo. The product will enable diaspora money transfers to Africa, to reduce high cross-border fees through…

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