From friendship to developers: Platform nets 150,000 users

Chumz team at their office premises in Nairobi. [Nanjinia Wamuswa, Standard]

Several years ago, three friends set out to establish why few Kenyans had taken up investment options, despite the State statistician - Kenya National Bureau of Statistics (KNBS) revealing that only 13 per cent of Kenyans were engaged in it.

The three, Titus Marenye, Njogu Kinyanjui and Samuel Njuguna had observed that most investment platforms and fund managers had high initial investment requirements.