CMA admits Sycamore Capital ltd to regulatory sandbox – Capital FM Kenya
Hi, what are you looking for?
African Startup League competition seeks to empower young Africans with USD1mn prize
Twitter founder Jack Dorsey in Kenya, invests Sh245mn
Microsoft introduces its global digital skills program in Kenya
Innovation week opens in Kenya to boost startups
Ghanaian tech firm mPharma pay Sh30.2mn in taxes to Kenya
Digital Transformation Awards to be held in November
Meta to launch ‘metaverse academy’ in France
PE firm Ascent Capital buys majority in Valley Hospital in Nakuru
Mastercard, OPay announce strategic partnership to grow cashless ecosystem
Does the 12pc minimum wage have a discernible effect on employment?
Govt urged to focus on enhancing productivity, commercialization in agriculture
Win for firms as Court of Appeal stops minimum tax implementation
President Ruto launches over 5,000 housing units in Machakos
Nakuru’s Cleanshelf Supermarket accused of selling expired sausages, beef
Sh48.5mn Hustlers Fund repaid by Kenyans, CS Chelugui says
Going Full-Time: Julia Gaitho’s Move from Employment to Full-Time Content Creator
Digital Marketing and The Transformative Power of The Internet
IFC Managing Director Makhtar Diop sits down with Sauti Sol
Seasoned Content Creators Jacky Vike And Jaymo Ule Msee Offer Great Advice To Newbies
Creativity in Marketing: What it Takes to Create Powerful Campaigns
Going Full-Time: Julia Gaitho’s Move from Employment to Full-Time Content Creator
Digital Marketing and The Transformative Power of The Internet
Capital FM’s Digital Director David Muba and EABL’s Head of Media Futures Waithera Kabiru Discuss their Digital Careers
The Importance of the Role of Marketing in an Organisation as told by Graham Villiers-Tuthill
Growth, Love and Education in the Life of Funke Michaels
Capital FM commemorates anniversary of Chris Kirubi’s death
Finding Opportunity in the midst of the pandemic: AskKirubi
COVID-19: Lessons Learned and Future Direction for Entrepreneurs
Kirubi set to acquire half of Centum Plc following nod by CMA
Kirubi warns investors against fake cryptocurrency platform using his name
By
Published
NAIROBI, Kenya Jan 17-The Capital Markets Authority (CMA) has admitted Sycamore Capital Limited to its Regulatory Sandbox for six months effective 10 January 2022.
The fintech firm seeks to test its application named Cashlet App, a digital mobile-based unit trusts investment application.
“The Cashlet App if successfully tested and rolled out in the open market, will play an important role in driving investor participation in the capital markets through collective investment schemes (CIS),” said CMA Chief Executive Wyckliffe Shamiah.
Shamiah added that the platform could contribute, in a way, to the growth of assets under CIS management over the current value of Sh100 billion.
Sycamore has partnered with licensed fund managers to avail units to the Cashlet App for testing.
Shamiah noted that Cashlet App would provide a convenient and affordable opportunity for small investors to have access to professionally managed and diversified portfolios of assets.
The admission of Sycamore Capital to the CMA Regulatory Sandbox raises the number of participants in the live test environment to 13.
NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight…
NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any…
NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead…
It is without a doubt that the COVID-19 pandemic has caught the whole world by surprise. Although its full impact is yet to be…
NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March…
NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety…
NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of…
NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the…
© 2022 Capital Digital Media. Capital Group Limited. All Rights Reserved
