The website Tech-​ish.​com writes "Standard Chartered launches '​SC Shilingi' Money Market Fund." The piece explains, "The Standard Chartered Bank, in collaboration with Sanlam Investments East Africa, and Mangosteen BCC Pte Ltd, has launched the SC Shilingi fund, a low-​ticket money markets fund which it will be proposition for its clientele. The 100% digital investment product available on the SC Mobile app allows clients to investment amounts of as low as KShs 1000, earn competitive interests and withdraw funds anytime.... With as low as 1000 Kenyan Shillings, customers will have access to an investment solution. The product is 100% digital and available 24/​7 on SC Mobile app.... Standard Chartered says the product will enable one move money from your current account daily, weekly or monthly to the Money Market Fund managed by Sanlam." The story comments, "The platform will combine a customer current account with the local currency Money Market Fund investment to provide client with attractive returns, higher than they would ordinarily get from a current account and/​or savings account while maintaining a relatively high level of liquidity." It adds, "Mr. Mark Mulatya, Chief Operating Officer at Sanlam Investments East Africa Limited noted that Sanlam Investments believes in improving people'​s lives by empowering them to be financially stable through wealth creation. '​We do this by responding to the needs of our customers across a variety of financial services and in a timely manner. This collaboration solidifies our shared commitment to promote a saving and investing culture through solutions such as the Sanlam Money Market Fund which offers capital preservation, high levels of investment returns and immediate access to money when requested.'"

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