Bamboo, Nigeria’s popular online brokerage, on Friday announced its integration with Ghanaian fintech Affinity Africa to simplify wallet funding for users in Ghana.
This move combines Bamboo’s investment platform with Affinity’s digital banking technology to create a seamless way for Ghanaians to fund their wallets locally.
How Bamboo and Affinity Africa are changing wallet funding in Ghana
Bamboo has been expanding its reach into West Africa, opening up opportunities for Ghanaians to invest in U.S. stocks through partnerships like the one with 10th Capital Investments in Ghana.
Now, Bamboo’s integration with Affinity Africa enables users to top up their investment wallets more conveniently by using local bank account numbers provided by Affinity.
Affinity Africa, a digital bank launched in Ghana in October 2024, has quickly attracted over 50,000 customers.
It offers affordable and accessible financial services, especially to underserved individuals and small businesses.
The company’s hybrid model uses a mobile app and an agent network, removing barriers like fees and complex onboarding processes.
By providing local account numbers for wallet funding, Affinity Africa helps Bamboo users make instant deposits within Ghana, eliminating delays and high charges usually involved in cross-border payments.
This partnership aims to make investment funding simpler, quicker, and more cost-effective for everyday users.
Supporting Ghana’s growing digital economy with innovative solutions
Affinity Africa’s CEO, Tarek Mouganie, highlighted the company’s focus on affordable banking, which is driven by cutting operational costs through a digital-first model.
This new integration complements that vision by expanding how customers interact financially, empowering more Ghanaians to participate actively in investment markets.
The collaboration demonstrates how fintech companies in Africa are joining forces to address fundamental challenges faced by customers, such as high fees and limited access to formal banking.
Bamboo’s CEO, Richmond Bassey, expressed a strong belief that Africans should generate wealth spanning generations by simplifying access to investment opportunities across borders.
With Affinity’s tracked growth in customer acquisition and rising transaction volumes, 89% of deposits come from mobile money top-ups. The partnership is set to accelerate digital financial inclusion in Ghana.
Investors and entrepreneurs increasingly recognise Ghana’s fintech space as a fertile ground for innovative solutions tailored to local needs.
This integration between Bamboo and Affinity Africa marks a new chapter for wallet funding convenience in Ghana.
It will make it easier than ever for users to fund their investment accounts and participate in global markets through trusted local banking infrastructure.