Chumz: Revolutionising Kenya’s saving and investment culture
Chumz, a digital savings and investment app, is making it easier to kickstart better savings habits and reinforce positive financial behaviour.
The importance of saving and investing is rarely disputed and is among the most basic yet often repeated pieces of financial advice. Despite that, Kenyans have long struggled with a low savings culture.
With the proliferation of digital money lending apps, it has become easier to borrow habitually than to save. However, there are apps such as Chumz that are designed to help Kenyans put aside as little as KSh5 and develop strong saving and investing habits.
Watch the video to learn more.