Chumz
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About Chumz
Chumz.io is a savings platform that is revolutionising the savings culture in Africa. Through behavioural psychology techniques, the Chumz App can ease saving and investment experiences for its users. Goal-based investing, social nudges and default bias are some ways users can kick start and nurture their savings habits.
Chumz: quick facts
- Where is Chumz based and when was it founded?
- Chumz is headquartered in Nairobi, Kenya and was founded in 2019.
- How much funding has Chumz raised?
- Chumz has raised $110K across 4 disclosed rounds. Its latest, a Seed, was announced on Mar 21, 2025.
- Who has invested in Chumz?
- Backers include Safaricom Spark Accelerator Program, Milken-Motsepe Innovation Prize Program, AWS FinTech Africa Accelerator and GreenHouse Capital.
- What sector is Chumz in?
- Chumz operates in Financial Services, FinTech and Gamification.
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Profile updated Source: SLA Startup Index
