MANTRA Finance has announced the launch of its first regulated investment product that will allow investors to earn income from leasing electric bikes in the UAE.
Information about Pyse E-Bike Fleet
The Pyse E-Bike Fleet is a new investment product from MANTRA Finance and sustainable investment platform Pyse Earth. Investors will be able to purchase PYSEGREEN1 tokens, which will provide access to lease income from electric bike fleets used by major delivery and e-commerce companies in the UAE.
Regulation and Sustainability
The product is fully compliant with the Dubai Virtual Asset Regulatory Authority (VARA) guidelines and supports the emirate's D33 sustainability agenda. This is an important step towards ensuring financial transparency and sustainable development in the region.
Financial Aspects of the Investment Product
Investors in the product can expect a return of up to 16% internal rate of return (IRR) over a 51-month period, with monthly payouts in USDC. The minimum investment amount is $5,000, allowing a diverse set of investors to participate in this new project.
The launch of the Pyse E-Bike Fleet by MANTRA Finance marks an important step in developing new investment opportunities in the eco-friendly transportation market, meeting the modern demands for sustainable development.
