A mobile savings and investment app for users in Kenya to set goals, save from mobile money, get reminders, and track progress over time.
Chumz Product Overview
Is Chumz Right for You?
Liners prepares and updates these highlights as product information changes. Editorial standardsBest For
- Kenyan mobile money users
- Chama savings groups
What It Does Well
- Save from M-Pesa
- Goal saving plans
Things to Check
- M-Pesa connection setup
- Investment options offered
About Chumz
Chumz is a mobile savings and investment app for individuals and groups in Kenya who want to build saving habits directly from mobile money.
Key capabilities include:
- Goal-based saving for personal and group targets (for example business, education, rent, or a 52-Week Challenge), with an in-app interface to create goals and track progress
- Reminders and saving rules that help users deposit consistently, including options to save automatically when spending or receiving mobile money
- Progress tracking and reports that show saving performance over time and provide suggestions for improvement
- Group savings for shared goals with family, friends, or colleagues
Available on Android and iOS.
It targets B2C users and informal groups that prefer micro-savings through mobile money, including low-value deposits (as little as KES 5) and no account maintenance fees (standard M-Pesa fees apply, plus a small withdrawal fee).
In the Kenyan market, it stands out for combining behavioral nudges and gamified challenges with regulated investment access through Capital Markets Authority (CMA) authorization and licensed partners such as Nabo Capital (Kenya). Contact: info@chumz.io.
Chumz Facts
Liners compiles product facts from official websites, app stores, documentation, trusted public sources, and details shared by product teams during editorial review. We also consider crowdsourced updates when they include verifiable evidence, and refresh facts as information changes. How we source dataAs of Oct 19, 2026, Chumz is rated 4.8 on the App Store from 24 reviews and 4.0 on Google Play from 3.6K reviews with 500K+ installs.
Recent Reviews for Chumz
Reviews reflect each reviewer's opinion. Companies cannot pay to alter or remove reviews. A verified review includes proof that Liners checked to an extent. Learn how reviews workHow is the score calculated?
Every product starts at a 3.5-star baseline worth 7 reviews. Each approved review pulls the score toward the real average, so a product with one 5-star review shows about 3.7.
Learn how reviews workNG · 3 reviews
Jun 4, 2026
Chumz has modernized how our chama saves. No more collecting cash by hand or chasing members for contributions. Everyone pays directly from M-Pesa, and the app tracks everything transparently.
Chumz Funding History
Liners compiles funding history from company announcements, investor records, and trusted reporting. We refresh it as new rounds are confirmed. How we source dataChumz has raised $100K across 2 recorded funding events. The latest was Other in Oct 2024.
- Total Raised:
- $100K
- Latest Round:
- Other
Chumz Investors & Funding Rounds
Chumz Founders & Leadership Team
Liners compiles leadership profiles from official company pages, professional profiles, and trusted public sources. We refresh them as teams change. How we source data
Latest Chumz News & Updates
Liners collects product news from official company updates and trusted publications. We refresh coverage as new articles are published. How we source dataFrequently Asked Questions About Chumz
Chumz is a mobile savings app that helps individuals and groups build savings habits through goal-based challenges, reminders, and interest-earning options. You download the app, create an account with your phone number, link M-Pesa, set a savings goal or choose a challenge like 52-Week or Envelope, and start saving with progress tracking and group features.
Chumz offers a free plan with no monthly charge, no maintenance cost, and no other charges. Deposits are free under KES 100 but may incur Safaricom fees above that; withdrawals cost 20 shillings for amounts below KES 1000 and 30 shillings above.
Chumz operates in Kenya. You can join the waiting list on the website to know when Chumz will be available in Nigeria.
Download the Chumz app from Google Play Store or Apple App Store, create an account using your phone number, and link your M-Pesa.
Yes, Chumz is available on iOS and Android.
Is Chumz Your Product?
Claim this listing to keep its information fresh and reply to reviews.
Your brand here — First mover advantage looks good on you. Claim this spot now.
Your brand here