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Jumia One partners AXA Mansard to distribute money market fund




In order to continue to provide top-notch savings and investment solutions, AXA Mansard Investments, a leading multi-expert asset manager in Nigeria has partnered with Nigeria’s foremost all-in-one lifestyle, Jumia One to bring AXA Mansard’s Money Market Fund closer to the public and to make it easier to invest.

In addition to AXA Mansard’s MyAXA app, AXA Mansard’s Money Market Fund will now be accessible on 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.

Jumia One is a one-stop shop app that helps to fulfill one’s daily needs in a single click. In ONE place, people can 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, bet online, listen to radio and even get money back from next purchases.

Speaking on the partnership, 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. Therefore, we have chosen to work with an organization 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.”

Renah Osiemi, Head of Solutions Development at AXA Mansard Investments 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 (“AMIL”) 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 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.


About Jumia

Jumia is the leading Pan-African e-commerce platform, present across 14 countries in Africa. Its mission is to improve the quality of everyday life in Africa by leveraging technology to deliver innovative, convenient and affordable online services to consumers while helping businesses grow as they use Jumia’s platform to better reach and serve consumers. The Jumia platform consists of a marketplace, which connects sellers with consumers, a logistics service, which enables the shipment and delivery of packages from sellers to consumers, and a payment service, which facilitates transactions among participants active on the Jumia platform in selected markets. On the marketplace, more than 80,000 sellers offer a broad range of goods and on-demand services. Jumia Logistics facilitates the delivery of goods in a convenient and reliable way, leveraging an extensive network of third-party logistics service providers, seamlessly integrated through the Jumia proprietary technology platform. JumiaPay offers a safe and easy solution to facilitate online transactions on the Jumia platform, with the intention of integrating additional financial services in the future.

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