About Bambu
Bambu is a Financial Services company based in Memphis (United States) founded in 2016 by Douglas Quay. Provider of digital banking for individuals. Bambu has raised $11.29 million across 2 funding rounds. Its chief executive, as recorded, is Douglas Quay. Its website mybambu.com draws about 38 thousand monthly visits. Bambu offers products and services including MyBambu VISA Debit Card, International Money Transfer, Health Services, Bambu Pay, and Spin and Win. Its focus areas include FinTech, Banking Tech, Internet First Banks and Through Bank Partnerships. Its competitors include Maza and Utoppia; 2 of its 2 listed competitors have raised funding.
Company details
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.
- Headquarters Memphis, United States
- Founders Douglas Quay
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website mybambu.com/en
- Social LinkedIn Facebook Instagram YouTube
- Total Equity Funding$11.29M (USD)
in 2 rounds
- Latest Funding Round$6.37M (USD), Debt – Conventional
Jan 2023
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
Apps and channels of Bambu
its YouTube channel MyBambu has 12.5K subscribers and 30 videos.
Videos from Bambu
The most watched videos on Bambu's YouTube channel, MyBambu (12.5K subscribers). Click a video to play it here.
More on MyBambu.
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.
- Total Funding $11.29M
- Total Rounds 2
- Last Round Debt – Conventional — $6.37M
- First Round $11.29M
(Jan 2021)
All 2 funding rounds of Bambu with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2023 | $6.37M | Debt – Conventional | – | – | – |
| Jan 2021 | $11.29M | Series B | – | – | – |
People of Bambu
13 people are tracked at Bambu (6 in leadership, 7 in team).
| Name | Role | Group |
|---|---|---|
Douglas Quay | Founder & CEO | Leadership |
Val Infante | President Of Operations | Leadership |
David Carlson | Director Of Special Projects | Leadership |
John Gairhan | Chief Technology Officer | Leadership |
Pedro Infante | Chief Compliance Officer At Bambu Systems, LLC | Leadership |
Mike Hamric | Settlement Director | Leadership |
Arthur Silva | React / React Native Developer | Team |
Djiby Faye | Compliance Manager | Team |
Nicole Martinez | Marketing Project Manager | Team |
Katie Walker | Project Manager Scrum Master | Team |
John Donoghue | Senior Software Engineer | Team |
Sergio Garzon | Strategy and BI Manager | Team |
Maria Jose Munoz Wu | Marketing Coordinator | Team |
Complete people profiles for Bambu
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Bambu
3 dated milestones of Bambu across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Bambu is founded.
- Funding First funding round of $11.3M.
- Funding Latest funding round, Debt – Conventional, of $6.4M.
Competitors of Bambu
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| withmaza.com | 2021 | Los Angeles, United States | $23M | 2 | Digital banking services for individuals are provided. | |
| utoppia.com | 2021 | Mountain View, United States | $3.37M | Crypto-based banking solutions are provided via an online platform. |
Detailed competitors of Bambu
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Bambu
The website of Bambu (mybambu.com) receives about 37.6K visits a month.
- Monthly visits37.6K
▼ 26.3% vs previous month
Websites whose visitors overlap most with Bambu. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| comun.app | 100% | 117.4K | #327,394 | View details | |
| galileo-ft.com | 98% | 72.4K | #513,608 | View details | |
| uniteller.com | 54% | 40.7K | #371,805 | View details |
Top companies in Banking & FinTech Platforms
3 companies that operate in the same segment as Bambu (Banking & FinTech Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | USD 2.71 M | 1,807 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | 237 |
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Related news about Bambu
Complete news archive for Bambu
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
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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 CEO of Bambu, as recorded in our data. They have also founded this company.
Bambu is a funded company, having raised a total of $11.29M across 2 funding rounds to date. The company's 1st funding round was a Series B of $11.29M, raised on Jan 2021.
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.