Chumz.io: Funding, Investors & Team (Sep 2026)
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.io has raised $100k across 1 funding round on record, the most recent an undisclosed round of $100k announced in Oct 2024.
That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Chumz.io Company Profile and Key Stats
Latest funding round on record: Oct 2024.
Chumz.io Funding Rounds
Chumz.io Founders and Leadership Team
No contact details are on record for this team yet.
Chumz.io Funding Compared to Other Financial Services Startups
Chumz.io's latest round of $100k is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like Chumz.io in Financial Services and City Estate
Companies Similar to Chumz.io
Turaco develops simplified insurance and credit solutions through mobile technology to solve the healthcare…
MyCredit provides loans, guarantees, leasing, and insurance services, including business loans, salary loans,…
Purple Elephant Ventures is a venture studio founded in 2020 by Ben Peterson, Jan van De Willebois & Mikul…
Our Mission: We offer financial services to business and communities that reduce friction between buyers and…
AZA Finance is a digital foreign exchange and payment platform that leverages blockchain settlement to…
Lami is an end-to-end digital insurance platform and API that enables companies across sectors to offer…
Mara is a company operating in the sub-Saharan Africa region. Mara offers a suite of crypto products…
ImaliPay is a financial health platform offering financial products to freelancers and blue collar gig…
Paylend is a FinTech startup focused on providing access to finance and digitizing MSMEs in Kenya.
Asante Financial Services Group is a company that focuses on facilitating financial independence for…
Sidian Bank offers corporate banking services such as SME banking, loans and insurance.
Chumz.io Funding FAQs
What does Chumz.io do?
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.
How much funding has Chumz.io raised?
Chumz.io has raised $100k across 1 round on record. The most recent is an undisclosed round of $100k announced in Oct 2024.
When did Chumz.io last raise funding?
Chumz.io's most recent funding round on record is an undisclosed round of $100k, announced in Oct 2024.
Who founded Chumz.io?
FundedIQ lists Samuel Njuguna (Founder) at Chumz.io.
Where is Chumz.io headquartered?
Chumz.io is based in City Estate, Nairobi Area, Kenya.
How many employees does Chumz.io have?
Chumz.io is in the 11-50 employee band.
How does Chumz.io's funding compare to other Financial Services startups?
Chumz.io's latest round of $100k is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.
About FundedIQ's Chumz.io Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Chumz.io is left off this page rather than filled in.
Know who just raised. Then know who to reach.
Every newly funded startup with its round, its investors and its founders: delivered weekly by email, or searchable in the app.
Alerts from $19/mo · Pro from $99/mo. Card required, nothing charged until day 15, and we email you 3 days before that.