Home » WealthTech » Jumia One, AXA Mansard to Distribute Money Market Fund

Jumia One, AXA Mansard to Distribute Money Market Fund

AXA Mansard Investments, an asset manager in Nigeria, has partnered with Jumia One to bring AXA Mansard’s Money Market Fund closer to the public and to make it easier to invest.

A statement on Monday said in addition to AXA Mansard’s MyAXA app, AXA Mansard’s Money Market Fund would now be accessible on the Jumia One app.

This, according to Jumia One, will enable new and existing clients to either sign up and/or make payments to the money market fund on its app.

Jumia One is a one-stop-shop app that helps people to top-up airtime, pay bills, order food or a cab, book a hotel or a flight, find the next house or car, read the best blogs and bet online, among others.

Speaking on the partnership, Head of Jumia One, Tunde Akinnuwa, said, “Our mission is to bring every online service in one place and make them easier, more secure and more affordable to everyone. Therefore, we have chosen to work with an organisation whose mission aligns with ours. AXA Mansard has proven over the years that they remain resolute in providing excellent client experience and redefining the way investment solutions are delivered.”

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The Head of Solutions Development at AXA Mansard Investments, Renah Osiemi, said, “We are very excited to have partnered with Jumia One to make transactions easier and more accessible to our customers. We are diligently focused on delivering superior risk-adjusted returns for our clients, over the long term.

“AXA Mansard Investments Limited has tasked itself with seeking innovative ways to create value for its customers. One key thrust of our strategy is to create a delightful client experience that enables people to better manage their finances. This is the reason we are partnering with Jumia One to ensure we keep making transacting easy and seamless,” Osiemi concluded.