# Chumz: Save & Invest — Fostering financial well-being

> Group savings and investment app with visual goals and accountability features. (iPhone/iPad app by Moneto Ventures.)

- Source: https://appshunter.io/ios/app/chumz-save-and-invest/id1582428475 (this page in markdown: same URL + `.md`)
- Developer: [Moneto Ventures](https://appshunter.io/developer/1582428477)
- Category: Finance, Productivity
- Price: Free
- Rating: 4.80/5 from 19 App Store ratings · 2 written reviews indexed
- Age rating: 4+
- Requires: iOS 15.1 · 49 MB
- Languages: American English
- Released: 2022-03-29
- Data updated: 2026-08-16
- Monetization: free
- User reviews in markdown: https://appshunter.io/ios/app/chumz-save-and-invest/id1582428475/reviews.md

## What is Chumz?

Chumz App enables you or your group to form a savings and investment culture through mobile money by enabling you to create a goal with a visual image, set reminders for when to save, get feedback on your savings progress and enable accountability for savers by showing what everyone has saved. The App allows you to save any amount you would like to save.

## Key features

- Create visual savings goals
- Set saving reminders
- Track savings progress
- Group accountability features
- Save any amount

## Recent user reviews (2 of 2)

All indexed reviews: https://appshunter.io/ios/app/chumz-save-and-invest/id1582428475/reviews.md

### 5/5 — Perfect

*2025-04-05*

Functions perfectly well,like it

**Developer response:** Thank you so much for your feedback!😊

### 5/5 — Excellent saving app

*2024-01-03*

Amazing saving app. I saved 72k on the 2023 52 week challenge.

**Developer response:** Hello, thank you so much for the feedback and congratulations on your savings.

## Frequently asked questions about Chumz

### What is Chumz?

Chumz is a finance app designed to help you and your group build a savings and investment culture. It allows you to create visual savings goals, set reminders, and track your progress.

### How does Chumz foster accountability?

Chumz enables accountability by allowing savers within a group to see what everyone has saved towards a shared goal. This transparency encourages consistent contributions.

### Can I save any amount with Chumz?

Yes, the app allows you to save any amount you would like to save towards your goals, providing flexibility for different financial situations.

### What devices does Chumz support?

Chumz is available on iPhone and iPod devices, offering a convenient way to manage your savings on the go.

### Is Chumz free to use?

Yes, Chumz is available for free, with no in-app purchases or advertisements, allowing users to focus on their financial goals.

### How often is Chumz updated?

The app was last updated to version 3.8.0 on February 2, 2026, indicating regular maintenance and potential feature additions.

### What is the age rating for Chumz?

Chumz has an age rating of 4+, making it suitable for a wide range of users interested in financial management.

### What do users like about Chumz?

Users appreciate Chumz for its ability to foster a savings culture and provide accountability within groups, as reflected in its high rating of 4.7 stars.

## Version history (last 5 releases)

### 3.8.4 — 2026-07-23

- Group goals can now be withdrawn to Quick Save or M-Pesa per request
- Goal & group-goal creation rebuilt in TypeScript, including new 52-Week Challenge screens
- Arena challenges: custom cover images, verified creator badge, FlashList leaderboard with streak comparisons
- PIN input rewritten as a single hidden field fixes digit scrambling, improves accessibility
- Keyboard handling overhauled across login and signup screens
- Force-update screen live for all markets
- Deep link fixes; round-down moved to WorkManager for reliability

### 3.8.3 — 2026-06-29

Improved login and phone verification, updated transfer limits, fixed UI issues, and enhanced app performance and reliability.

### 3.8.2 — 2026-05-02

- New ID Options: You can now sign up or verify your identity using an Alien ID or Passport.
- Smarter Goals: We’ve refreshed the Personal Goals view to make it easier and clearer to start your saving journey.
- Wider Support: The app now fully supports the latest Safaricom phone number formats.
- Smoother Experience: Enjoy a more consistent feel when entering your username across the app.
- Envelope Challenge: We’ve fixed the calendar bugs to keep your savings streak on track.
- Balance Protection: Added a helpful check to prevent withdrawals from exceeding your available balance.
- Performance: General under-the-hood tweaks to keep the app running fast and snappy.

### 3.8.1 — 2026-04-09

- Arena Challenge (Gamified Savings): Set daily, weekly, or monthly targets, track streaks, and compete with friends or the public in Arenas of 1–500 participants.
- Pesalink Bank Deposits: Users can now make direct deposits into the app from their bank accounts.
- Security Enhancements: System security and data protection measures have been strengthened.
- Sign-Up & Login: Username and password option introduced with improved credential management.
- Next of Kin: Users can now add multiple next-of-kin contacts.
- Superfans: The challenge has been updated to reflect the current year tag.
- FAQs: In-app help content has been expanded and clarified.

### 3.8.0 — 2026-02-02

- Arena Challenge (Gamified Savings): Set daily, weekly, or monthly targets, track streaks, and compete with friends or the public in Arenas of 1–500 participants.
- Pesalink Bank Deposits: Users can now make direct deposits into the app from their bank accounts.
- Security Enhancements: System security and data protection measures have been strengthened.
- Sign-Up & Login: Username and password option introduced with improved credential management.
- Next of Kin: Users can now add multiple next-of-kin contacts.
- Superfans: The challenge has been updated to reflect the current year tag.
- FAQs: In-app help content has been expanded and clarified.

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## More apps by Moneto Ventures

- [Tunzi](https://appshunter.io/ios/app/tunzi/id6680194093)

All apps by Moneto Ventures: https://appshunter.io/developer/1582428477

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*Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-08-16.*