Bike-sharing operator Charichari has begun selling an investment fund for individuals to finance the introduction of 1,100 new electric-assist bicycles in Fukuoka by the end of August, responding to rising demand as its service area expands. The company currently operates 4,700 bikes across the city. The fund, offered in partnership with Mitsubishi UFJ Trust and Banking, is the first in Japan to use e-bikes as collateral for a personal movable property trust. Expected annual pre-tax yield is 2.5%, and each ¥100,000 investment includes ride tickets worth ¥5,400 annually. Source: Securite
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