- Safaricom introduces Ziidi Money Market Fund (MMF) for simple, accessible financial management.
- Approved by the Capital Markets Authority (CMA) as a Collective Investment Scheme (CIS).
- Integrated with M-PESA for easy deposits and withdrawals at no cost.
- Over 450,000 users and Ksh 2.85 billion in assets since December 2024 soft launch.
- Professionally managed by Standard Investment Bank and ALA Capital Limited.
- Aims to enhance financial inclusion and wealth creation for Kenyans.
Ziidi MMF: A Game-Changer in Financial Growth
Safaricom PLC has officially launched the Ziidi Money Market Fund (MMF) following CMA approval in November 2024. Designed as a Collective Investment Scheme, it offers Kenyans a simple way to invest and grow wealth.
M-PESA Integration for Seamless Transactions
The Ziidi MMF is directly linked with M-PESA, allowing users to deposit and withdraw funds with zero transaction fees. Customers can invest conveniently and earn daily interest on their deposits, promoting financial growth.
Professional and Regulated Management
The fund is managed by Standard Investment Bank and ALA Capital Limited, ensuring regulatory compliance and professional oversight. The Capital Markets Authority continues to regulate the fund, guaranteeing investor protection.
Impressive Early Adoption
Since its December 2024 soft launch, the fund has attracted over 450,000 users, accumulating more than Ksh 2.85 billion in assets. Its daily interest accrual ensures steady growth for investors.
Safaricom’s Commitment to Financial Inclusion
The Ziidi MMF is a testament to Safaricom’s dedication to making wealth creation accessible to all Kenyans. By leveraging technology, Safaricom is enabling individuals to achieve their financial goals and secure their futures.
For more details, visit Safaricom Ziidi MMF or connect via WhatsApp for assistance.
