Exciting news from Chumz founders Njogu Kinyanjui, Titus Marenye, and Samuel Njuguna! Their innovative application is revolutionizing saving and investing in Kenya, enabling individuals to start with as little as five Kenyan shillings. 💰
Leveraging their expertise in computer science, finance, and technology, the trio developed Chumz to address the challenge of high initial deposit requirements in traditional investment channels, making saving and investing accessible to all. 💡
Securing a license from the Capital Markets Authority (CMA) in 2022, Chumz utilizes behavioral psychology to guide users on saving and investing based on their spending habits. From prompting users to invest discounts to sending alerts in places where overspending is likely, the app empowers users to make informed financial decisions. 💡
With over 150,000 registered users and plans to enhance the app with gamified experiences, Chumz is paving the way for a future where financial literacy and independence are within everyone’s reach. Join the movement and start your journey to financial wellness today!
