XENO is a goal-based saving and investment service that helps individuals, families, groups, and institutions to plan, save, and invest for their financial goals. The company was launched in 2017 and is licensed and regulated by the Capital Markets Authority (CMA) as a Fund Manager and Collective Investment Scheme Manager.
XENO offers a digital saving and investing platform which allows individuals to set goals and open investment accounts to save and invest towards those goals. They recently partnered with MTN MoMo Uganda to offer their investment platform on the MTN Mobile Money menu. MTN Uganda Customers can save towards their financial goals by activating their XENO accounts by simply dialing *165*5*7#. The minimum saving amount is UGX10,000/=.
How to get started with Xeno on MTN Momo
You need a registered MTN line and a minimum investment amount of UGX 10,000 to start investing.
- Step 1: Dial *165*5*7#
- Step 2: Activate Personal
- Step 3: Select your investment Goal
- Step 4: Enter Initial Investment
- Dial *165# to approve this transaction
How to transfer into or top up Your account
- Step 1: Dial *165*5*7#
- Step 2: Make a Deposit
- Step 3: For Self
- Step 4: Personal
- Step 5: Select Goal
- Step 6: Enter Amount
- Dial *165# to approve this transaction
How to withdraw your money
You can withdraw all or some of your money at any time and with no penalty or additional fees by following the steps below.
- Step 1: Dial *165*5*7#
- Step 2: My Accounts
- Step 3: Personal
- Step 4: Select Goal
- Step 5: Withdraw
- Step 6: Enter Amount
- Step 7: Pay through (Mobile Money)
You can also use their web application at myxeno.com.