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Britam x Boya Money Market Fund Fact Sheet

You stay liquid, earn daily returns, and track it all from the same dashboard where you manage expenses.

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Written by Stephanie
Updated this week

Let's start from the top;

1. What is Boya MMF?

Boya MMF is a feature that allows your business to earn daily interest on idle cash held in your Boya account. The funds are securely invested in a regulated Money Market Fund managed by Britam Asset Managers.

2. Who is Britam Asset Managers?

Britam Asset Managers is a licensed fund manager regulated by the Capital Markets Authority (CMA) in Kenya. They manage one of the country’s most trusted money market funds, and Boya has partnered with them to provide this investment service to you directly from your Boya account.

3. How does Boya MMF work?

  • You opt in to the MMF directly from your Boya dashboard.
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  • Boya automatically invests idle funds (based on your preferences) into the Britam Money Market Fund.
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  • You earn daily interest that’s visible in your account.
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  • You can withdraw your funds at any time without penalties or delays.
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4. What kind of returns can we expect?

Returns vary based on market conditions.

However, Money Market Funds in Kenya typically offer higher yields than standard business current accounts, while maintaining a conservative, low-risk profile.

Your dashboard will show historical and current return rates.

5. Is the money locked? Can we access it whenever we want?

Yes — your funds remain fully liquid. You can withdraw them anytime with no lock-in period or penalties.

6. Is it safe to invest company funds this way?

Yes. MMFs are widely used by businesses to manage cash reserves. Your funds are:

  • Managed by a licensed professional fund manager (Britam Asset Managers)
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  • Regulated under CMA rules
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  • Separated from your Boya operational funds
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  • Tracked with a full transaction and earnings trail visible on your Boya dashboard
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7. How is this different from a business savings account?

Unlike a traditional savings account:

  • You don’t need to open a new account
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  • There’s no paperwork
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  • Returns are typically higher
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  • You get full visibility and control from the same platform you use for expense management
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8. Who is this best suited for?

Any business that holds idle cash for:

  • Payroll
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  • Vendor payments
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  • Expense float
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  • Treasury reserves can benefit from Boya MMF. Instead of sitting in a non-interest-bearing account, that cash starts working for you.
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9. How do I get started?

  • Log in to your Boya account
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  • Navigate to the “Treasury” section
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  • To opt in, accept the terms and set your preferences
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  • Start earning interest daily!

If you need help, our Customer Success team can walk you through it in minutes.

10. Is there any cost to use Boya MMF?

There are no opt-in costs involved in using the Boya MMF product.

11. Can I track returns and download reports?

Yes. You’ll be able to:

  • View your daily earnings
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  • Track cumulative returns
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  • Download MMF transaction and interest reports for audit or accounting
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12. What happens if I want to stop using MMF?

You can exit at any time from your dashboard. Your funds will be returned to your main Boya account balance, and interest will stop accruing from that date.

Step-by-Step Guide:

  1. You opt in to MMF investing in your Boya account.

  2. Boya allocates idle funds into Britam’s licensed MMF.
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  3. You earn daily interest, which you can view in real-time.
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  4. Withdraw anytime, instantly, with no lock-ins or penalties.
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  5. Track performance on your Boya dashboard — fully transparent.

Still have more questions? Please feel free to reach us at [email protected]

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