MTN Mobile Money (U) Limited (MTN MoMo) has partnered with Sanlam Investments East Africa Limited to launch Yinvesta, a revolutionary unit trust investment product designed to make investing easy, accessible, and flexible for all Ugandans. The launch event was held at MTH Uganda Head Quarters , bringing together industry leaders, financial experts, and young entrepreneurs eager to embrace smart investment solutions.
Yinvesta allows customers to start investing with as little as UGX 1,000, offering daily interest earnings, easy withdrawals, and full transparency through MTN MoMo channels. This initiative reinforces MTN MoMo’s commitment to providing innovative financial solutions that empower Ugandans to take control of their financial future.
Speaking at the launch, Jemima Kariuki, Chief Product Officer at MTN MoMo, emphasized the significance of Yinvesta in democratizing investment opportunities.
“At MTN MoMo, we believe that financial empowerment should be accessible to everyone. Yinvesta simplifies investing, making it possible for Ugandans to grow their wealth effortlessly. With just UGX 1,000, anyone can start their journey toward financial independence. Together, our moves are unstoppable,” said Kariuki.
Yinvesta operates as a unit trust, pooling investments from multiple individuals into a professionally managed fund ensuring stability, reduced risk and offer a competitive return to the investors. The product is licensed by the Capital Markets Authority of Uganda under the Collective Investments Schemes Act of 2003.
Jonathan Stichbury, Chief Executive Officer at Sanlam Investments East Africa Limited, highlighted the importance of accessible investment options in the current economic landscape.
“At Sanlam, we empower generations to be financially confident, secure, and prosperous. Technology has transformed business operations and the investment industry is no exception. With the launch of Yinvesta, we are revolutionizing the way Ugandans invest. This user-friendly mobile phone platform empowers individuals to start investing with as little as UGX 1,000, As Yinvesta offers daily interest on earnings but also enables instant withdrawals, making investing both simple and flexible for everyone.” We are excited about the potential of this partnership, which will have a profound impact in the financial landscape of Uganda. By combining over 25 years’ experience in the region and innovative spirit, we will create a brighter future for our clients and the country.’’ Stichbury stated.
The launch event featured a live product demo, a panel discussion on financial literacy, and exclusive investment insights from industry experts. Customers can start investing today by dialing *165*7*1#on their mobile phones or using the MTN MoMo app. Join thousands of Ugandans taking charge of their financial future with Yinvesta. Start investing with just UGX 1,000 and watch your money grow. Dial *165*6# or use the MTN MoMo app today – https://www.youtube.com/watch?v=F8LPleFqdJg&t=547s
