In a significant step toward inclusive finance, Uganda mobile investment via MTN MoMo has officially launched through a groundbreaking product called Yinvesta. Developed in partnership with Sanlam Investments East Africa, Yinvesta is a mobile-based unit trust designed to make investing accessible to every Ugandan — even those with just UGX1,000 (about US$0.27) to start.
Yinvesta aims to break traditional barriers to investment by offering a flexible, low-entry alternative that operates entirely through MTN Mobile Money (MoMo). Customers can earn daily interest, track performance in real-time, and withdraw funds anytime, all from the MTN MoMo app or by dialing a USSD code.
The fund pools individual investments into a professionally managed unit trust, providing diversification and reducing risk. It is fully licensed by the Capital Markets Authority of Uganda under the Collective Investments Schemes Act of 2003, ensuring regulatory oversight and investor protection.
Speaking at the launch event, Jonathan Stichbury, CEO of Sanlam Investments East Africa, emphasized the product’s transformative nature. “Technology has changed how business operates, and investment is no exception. Yinvesta makes wealth-building possible for anyone with a mobile phone.”
The event also included live demos, discussions on financial literacy, and insights from industry experts, underlining the product’s goal to empower Ugandans with tools for financial independence.
With Uganda mobile investment via MTN MoMo, the country joins a growing trend across Africa of integrating fintech into everyday life. Yinvesta is not only a testament to Uganda’s digital finance evolution but also a major step toward democratizing investment access for the masses.
