Home Press OfficeBamboo Bamboo becomes the first real estate firm to accept bitcoin payments

Bamboo becomes the first real estate firm to accept bitcoin payments

by Blessing Ubani
Bamboo becomes the first real estate firm to accept bitcoin payments

Bamboo Real Estate and Construction Limited, a leading provider of comfortable land and housing, innovation and technology has announced that it will start accepting cryptocurrency payment starting from February 2021.

This innovative move is first of its kind as the real estate firm seizes the growing opportunity in cryptocurrency to increase its customer base. Digital currency is the future of money and bamboo is proud to be the first to embrace it as well as lead the way for other real estate brands across Africa.

According to the Chief Executive Officer, Oseyomon Ighodaloh stated that ”As a leading provider of comfortable land and housing, innovation and technology have always been our hallmark, hence the need to adapt to smarter means of payment for Africa’s growing tech-savvy population.”

He added that “This is a historic and redefining moment as it demonstrates our renewed energy in coming up with solutions to serve Nigeria and indeed Africa better, running a cryptocurrency account is entirely free and payment with Bitcoin is easy, fast, with transaction charges much lesser than conventional banks. “You can take advantage, and do business better with us,” 

The new payment method applies to all their products and services including Bamboo Capital and Investment company which happens to be one of the single largest investment platforms in Nigeria at the moment with an over $20M equity in Real estate.

Bamboo Capital provides members of the public the opportunity of investing money by buying land in any of our different estates and getting a return on investment along with initial capital after 12,18 or 24 months when you decide to return ownership of the landed property to the company. 

Oseyomon concludes that “It’s a new era, the global economy has gone digital and we at Bamboo are taking you along with us,” 

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