MTN Mobile Money has partnered with Hobbiton trust to offer a unique investment product via MTN Mobile Money.
This is the first of its kind on the market and customers will have an opportunity of saving money through the unit trust and earn interest.
Customers will access this service through the MTN Mobile Money short code *303#
No paperwork is required for anyone to open a savings account
How does the service work?
- Patumba is a Mobile-Based Digital Savings/Investment product, this service allows anyone with an active MTN Mobile Money account to invest as low as a K1 into Patumba (Hobbiton Money Market Unit Trust Fund) for a minimum investment period of 93 Days.