Insurance and asset manager, Axa Mansard Investments partners with Jumia’s app, "Jumia One" to bring its money market fund as well as investment to the public.
According to the firm, the merger is an effort to tackle savings and profer investment solutions to the public.
In a statement, the company said, “In addition to MyAXA app, Axa Mansard’s money market fund is now accessible through the Jumia One app.
"This means that new and existing clients can now either sign up and/or make payments to the money market fund on the Jumia One app.”
Commenting on the merger, Renah Osiemi, Head of Solutions at Axa Mansard Investments said; “Axa remains committed to empowering people to live better lives. We are therefore very excited about this partnership with Jumia One which will make transactions easier and money market fund more accessible to a wider number of people.”
Similarly, Tunde Akinnuwa, Head of Jumia One, said: “Our mission is to bring every online service in one place and make them easier, more secure and more affordable to everyone.
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