The $1m U-Gain Notes Were Oversubscribed But You Can Still Get Involved

By Leonard Sengere

U-Gain is a retail note which offers a fixed interest of 9% per annum. The note’s investment period or tenure is 12 months. The U-Gain Note was issued by Untu Capital.

What sets U-Gain apart is that investors can subscribe using mobile and online devices and paying using mobile wallets. Untu Capital realized that by eliminating the need for Note investors to have bank accounts and making sure the minimum investment was as low as $50, many more Zimbabweans could get involved.

Untu Capital has announced that the U-Gain note was oversubscribed by 73% as it raised $1.752m against …read more

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