Bamboo, a platform dedicated to empowering Africans to invest in global markets, has launched its new remittance app, Coins by Bamboo.

This app, announced on October 31, facilitates money transfers from the diaspora to Africa with low fees and favorable exchange rates, positioning Bamboo as a contender in the burgeoning remittance sector.

Available on both iOS and Android, the app currently supports transfers from Canada to Nigeria, with plans to expand to more regions soon.