About Bambu
Bambu is a company based in Memphis (United States) founded in 2016 by Douglas Quay. Bambu has raised $11.29 million across 2 funding rounds. Bambu offers products and services including MyBambu VISA Debit Card, International Money Transfer, Health Services, Bambu Pay, and Spin and Win. Bambu operates in a competitive market with competitors including Maza, Utoppia and Waya, among others.
- Headquarter Memphis, United States
- Founders Douglas Quay
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
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Total Equity Funding
$11.29 M (USD)
in 2 rounds
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Latest Funding Round
$6.37 M (USD), Debt – Conventional
Jan 18, 2023
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Investors
Not available
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Employee Count
Not available
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Products & Services of Bambu
Bambu offers a comprehensive portfolio of products and services, including MyBambu VISA Debit Card, International Money Transfer, Health Services, Bambu Pay, and Spin and Win.
Debit card for online and in-store purchases with cashback rewards
Service for quick money transfers to Latin America
Access to 24/7 medical care for users and family members
Tool to send or request funds from non-users
Gamified rewards for card usage and transfers
People of Bambu
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Funding Insights of Bambu
Bambu has successfully raised a total of $11.29M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $6.37 million completed in January 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investments & Acquisitions by Bambu
Investment portfolio details for Bambu
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Financial Statements - Bambu
Detailed financials for Bambu
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Bambu Comparisons
Peer comparison for Bambu
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Competitors of Bambu
Bambu operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Maza, Utoppia and Waya, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Digital banking services for individuals are provided.
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| Locked | Locked | Locked |
Crypto-based banking solutions are provided via an online platform.
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| Locked | Locked | Locked |
An app-based banking platform is provided for migrants' financial needs.
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Detailed competitors of Bambu
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Bambu
Complete news archive for Bambu
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Frequently Asked Questions about Bambu
Bambu was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Bambu is headquartered in Memphis, United States. It is registered at Memphis, Tennessee, United States.
Douglas Quay is the current CEO of Bambu. They have also founded this company.
Bambu is a funded company, having raised a total of $11.29M across 2 funding rounds to date.
Bambu was founded in 2016 in Memphis, United States, as a provider in the digital banking sector. Services including savings accounts, virtual and physical prepaid cards, bill payments, international money transfers, vouchers, rewards, and check deposits are facilitated. The platform operates via applications available on iOS and Android, targeting individual users for everyday financial needs.
Bambu offers MyBambu VISA Debit Card, International Money Transfer, Health Services, Bambu Pay, and Spin and Win.