Connect with us

Business

Jumia One partners AXA Mansard to distribute money market fund

Published

on

Economy

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.”

Also Read:  Video: Jumia Market MD, Sefik Bagdadioglu, Analyzes The Challenges Of E-commerce In Nigeria

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

Also Read:  Stanbic IBTC Zero Balance Account Gives Savers an Edge

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.

Share
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Jumia Implements “Contactless” Delivery And “Cashless” Payments In Response To The COVID-19 In Africa 

Published

on

MSMEs Empowerment

The delivery and payment methods of the e-commerce platform ensures safer transactions for riders and consumers

 

Lagos (Nigeria), 31st March 2020: Africa’s leading eCommerce platform Jumia has announced the implementation of ‘contactless’ delivery for prepaid packages on the platform. The company is taking additional measures to keep consumers, delivery agents and partners safe in the wake of the COVID-19 outbreak.

 

To drive the initiative, the ‘contactless safe delivery’ option has been implemented on JumiaPay, the payment platform. This enables consumers to make prepaid payments for products online and get it delivered without a direct body contact or cash exchange with the delivery agent.

 

 “The health and safety of our customers and delivery agents is our absolute priority. We are uniquely positioned to step up and be part of Africa’s response strategy in this challenging time. We have implemented a “Contactless” delivery option, which eliminates any possibility of physical contact. Convenience, social distancing and cashless measures are woven into one solution to combat the current situation.”  said Apoorva Kumar, SVP Logistics at Jumia.

Also Read:  Whither Ladi Balogun?

 

Jumia’s delivery agents have been trained to enforce necessary standards during delivery. They are instructed to call or text when they arrive at the customer’s place and drop off the package at their doorstep, then step back to the safe distance limit and will wait for the customer to take the package before leaving.

Also Read:  Video: Jumia Market MD, Sefik Bagdadioglu, Analyzes The Challenges Of E-commerce In Nigeria

 

Consumers are strongly encouraged to pay “cashless” on Jumia through JumiaPay. This will ensure less physical cash coming into contact with delivery riders and  the wider population and will in turn help reduce the risk of coronavirus transmission.

 

Jumia “Contactless” delivery payment option is available on all JumiaPay/ Prepaid Packages and all cashless delivery modes that are contactless such as mobile money.

 

About Jumia

Jumia is a leading e-commerce platform in Africa. It is built around a marketplace, Jumia Logistics, and JumiaPay. The marketplace helps millions o

Share
Continue Reading

Business

Union Bank Ramps Up Support for the Fight Against COVID-19 in Nigeria  

Published

on

Union Bank

 Union Bank today announced additional donations totalling Three Hundred Million Naira (N300million)as part of its multi-pronged approach to tackle the spread of Coronavirus in Nigeria.

 

As part of the Private Sector Coalition Against COVID-19, Union Bank has contributed Two Hundred and Fifty Million Naira (N250million) into the fund set up by the coalition to raise N120bn (One Hundred and Twenty Billion Naira) to fight the outbreak in Nigeria.

 

In addition, the Bank also made a further donation of Fifty Million Naira (N50million) to the Lagos State Covid-19: Emergency Food Response programme which was set up to support low-income families who will be directly impacted by the state-wide restrictions in place to limit the spread of the disease. Lagos State currently has the highest number of COVID-19 cases in Nigeria.

Also Read:  Keystone Bank partners Google, Facebook to train MSMEs across Nigeria on digital marketing

 

Commenting on the Bank’s active efforts to tackle COVID-19 in Nigeria, the Chief Executive Officer of Union Bank, Emeka Emuwa, said:

“The fight against Covid-19 requires all hands-on deck with close collaboration between the public and private sector. Union Bank is committed to supporting Nigeria’s response to ensure the country avoids a pandemic. We will especially be looking to support ordinary Nigerians who will be disproportionately impacted economically at this time.”

Last week, as part of its immediate response to the outbreak, the Bank made an initial donation of N50,000,000 ($130,000) into a $500,000 fund set up by 54gene, African genomics research, services and development company working closely with the Nigeria Centre for Disease Control (NCDC) to fight the COVID-19 menace.

Share
Continue Reading

Business

Prudential Zenith Life protecting its customers during the Coronavirus (COVID – 19) pandemic

Published

on

Africa Prudential

 

In the face of the coronavirus pandemic and the resulting lockdown, Prudential Zenith Life Insurance is rolling out a range of services to help customers cope with the lockdown.

The new services include a range of additional COVID-19 insurance cover enhancements, without additional premium charges, and a waiver for ‘pandemic’ exclusions as contained in its policy language.

In line with the recent pronouncement of the federal government, the company will be temporarily locked down and has therefore set up a dedicated claims team with remote working capabilities, to enable customers make and receive claims virtually.

According to the statement from the insurance company, the claims procedure will be simplified to allow customers make claims through the WhatsApp channel.

Also Read:  Inflation rate dropped to 9% in May —NBS

This development makes it possible for customers to buy insurance products without any physical interface with sales personnel or visit to a physical branch.

Commenting on the changes, Prudential Africa CEO Matt Lilley said, “we realise this is a worrying time for everyone and we want to reassure you that protecting the health and wellness of our customers, employees and partners is our primary concern.

“At Prudential, we have been delivering promises for over 170 years and this time will be no different. I am proud of the measures we are announcing today and I know that they will provide our customers additional peace of mind.”

He added that the waiting periods for new cover have been reduced, and the company is providing additional training and incentives to sales personnel to continue providing advice and access to insurance, even as they work remotely.

Also Read:  UBA’s REDTV to Light Up #UBAmarketplace 2019 With Creative Panel Sessions, Fashion Shows, Cinema, Concert

He encouraged Nigerians to stay safe and adhere to the directives from the Ministry of health, Nigerian centre for disease control (NCDC) and other relevant authorities.

“We are going to get through these trying times together” he assured.

What you should know

Prudential Zenith Life Insurance was born when Prudential Plc, one of the oldest and most strongly capitalized life insurance companies in the world, acquired a majority stake in Zenith Life Assurance.

Share
Continue Reading

Facebook

Trending

Copyright © 2019, February13 Media