New Asset Class, Free Instant Deposit and more.
Your favourite investing app got an upgrade! And here are the exciting new things on the platform.
New Asset Class – Fixed Returns
We now have a new asset class, Fixed Returns. Fixed Returns is a dollar-denominated investment that allows you to lock your money for 90-365 days and get up to 8% dollar returns. This product is perfect for low-risk investors and those looking to diversify their portfolios. Find out more about Fixed Returns here
With our new asset class, Fixed Returns, you will need to be able to move your money between our asset classes on Bamboo, and that’s why we created Bamboo Wallet. Bamboo Wallet allows you to easily move your money to a Fixed Returns investment or to your stock brokerage account. You can also move your money from the stock brokerage account to your Bamboo Wallet to withdraw or invest in Fixed Returns. Also, once your Fixed Returns matures, they automatically go to your Bamboo Wallet. See Bamboo Wallet as your money bag but for Bamboo.
Here’s how to fund your Bamboo Wallet.
- Tap the Account icon in the bottom right corner of your iOS or Android app.
- Tap Deposit
- Enter the deposit amount you want to fund with, there is a $10 minimum per deposit.
- Choose your preferred funding option and follow the on-screen instructions.
- Deposits reflect instantly in your Bamboo wallet but may take up to 1 hour.
Our main website also got an upgrade, and trust me, you’re going to love it! Check it out here – investbamboo.com. On the website, you can see all our products at a glance, from the Powered by Bamboo (our API) to Bamboo for Managers (our asset manager investment tool), and the best part? You can create your fixed returns on the page! I told you it’s cool. Plus, it is a beautiful website.
Free Instant Deposit
Making deposits just got better! Not only can you make deposits and see it on your Bamboo Wallet, this deposit now comes free at no charge! Instant deposits are now free on Bamboo, tell everyone you know.
$10 Minimum Deposit
Now you can make deposits as low as $10 in your Bamboo Wallet, as opposed to the $20 previously put in place.
Have any cool thing you want us to include on Bamboo? Comment below.