Perth start-up turning change into cryptocurrency

Bamboo will invest spare change into cryptocurrency like Bitcoin and Ethereum.

But Mr George doesn’t plan to stop there.

He wants to extend micro investment to things like commodities and real estate.

This passion is shared by his founding team, which wants to share the benefits of blockchain with the rest of the world.

Blockchain is a decentralised ledger technology that enables cryptocurrency such as Bitcoin, however, it is extremely complex and not well understood by people outside financial technology circles.

“We believed that blockchain represented new technologies and opportunities but were far too difficult to have any level of exposure to,” Mr George said.

“We wanted to build product and tools that made it easy for anyone to get involved. We call it democratising finance.

“There are lots of these apps. Raiz democratises what hedge funds and wealth management companies used to only make accessible to high net worth…