Formerly ChamaSpace · Now Zedek

Built for
How Kenya Saves.

Zedek is the digital financial home for Kenya's 300,000+ chamas and millions of individual savers. We're turning informal financial power into structured, transparent, and growing wealth.

300K+
Chamas in Kenya
KSh 300B
Managed collectively
6
Integrated products
KSh 5
Minimum to start saving
Our Purpose

What Drives Us

Everything we build is grounded in a single belief: financial well-being should be within everyone's reach.

Vision

Financial Well-Being for Everyone

A future where financial security is within reach, regardless of background or location — from Nairobi CBD to rural Kenya.

Mission

Innovative & Accessible Finance

To provide innovative digital solutions that empower individuals, groups, and communities to take full control of their financial destinies.

Who We Are

The Digital Brand of Jeld Investment Ltd

Founded in 2022 and headquartered in Nairobi, Zedek (formerly ChamaSpace) was built by people who understand chamas from the inside out.

The Problem

Kenyan Savers and Chamas Deserve Better Tools

Over 300,000 chamas collectively manage an estimated KSh 300 billion — yet most still rely on handwritten notebooks, WhatsApp groups, and cash envelopes. Many Kenyans are locked out of investment vehicles as high entry investment lock them out.

The informal sector is powerful. Chamas are Kenya's most widespread financial safety net — they just need digital infrastructure to match their scale.

Manual Bookkeeping

Notebooks and Excel sheets lead to errors, fraud, and mistrust — eroding group savings and relationships.

Idle & Shrinking Funds

Traditional merry-go-rounds circulate money without growth — leaving savings vulnerable to inflation over time.

No Access to Credit

Most chama members are excluded from formal financial institutions due to lack of verifiable credit history.

High Entry Barriers

Money market funds often require KSh 1,000–5,000+ minimums — locking out low-income earners who need growth most.

Our Solution

Six Products. One Ecosystem.

Zedek is the only platform providing a fully integrated digital ecosystem for Kenyan chamas and personal savers. No more juggling apps.

Savings Goals (Wekeza)

From KSh 5

Create personal or group savings goals earning 10–15% interest. Choose Fixed (lock for higher returns) or Regular (daily/weekly/monthly) contributions.

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Smart Wallet

M-Pesa Connected

The financial hub powering everything. Deposit via M-Pesa Paybill/Till, withdraw instantly, or send money to any member or chama.

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Kopeshana P2P

Peer Lending

Secure, collateral-free lending between verified members. Digital loan agreements, repayment tracking, and transparent interest terms — no banks needed.

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Chama Bookkeeping

Transparent

Real-time tracking of all contributions, loans, fines, and expenses — accessible to every member. Replace notebooks with a live, auditable ledger.

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Merry-Go-Round

Smart Rota

Automate merry-go-round cycles while temporarily investing idle funds in high-yield instruments — so your money grows even while waiting its turn.

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Expense Tracker

Personal Finance

See exactly where your money goes. Categorise spending, set budgets, and get insights that help you save smarter — not just more.

Learn more
WHY ZEDEK EXISTS

Built Around How Communities Actually Save

Across Kenya, millions rely on informal financial systems — chamas, merry-go-rounds, family groups, and trusted communities. But most still operate through notebooks, spreadsheets, and scattered WhatsApp messages.

Zedek was created to modernize these systems without removing the trust, flexibility, and social connection that make them powerful. We are building financial infrastructure designed around how people already save, lend, contribute, and grow together.

THE TEAM

The People Behind Zedek

Built by founders who understand the realities of communal finance, digital trust, and the importance of accessible financial tools.

Lawrence Mwangi

Lawrence Mwangi

Co-Founder & CEO

Lawrence grew up around chamas and informal savings groups, where trust was strong but financial systems were limited. After seeing how difficult it was for groups to manage contributions, loans, and investments transparently, he co-founded Zedek to modernize communal finance while preserving the social trust that makes it work.

Community Finance Savings Systems Financial Infrastructure
Solomon

Solomon

Co-Founder & CTO

Solomon began building Zedek after recognizing that many financial tools were either too complicated, too expensive, or disconnected from how ordinary people actually manage money. His focus is building technology that feels simple, transparent, and trustworthy from the very first interaction.

Product Engineering User Experience Platform Architecture
JOURNEY

The Zedek Journey

2023

The Idea

Initial concepts formed around improving transparency and structure in community finance systems.

2024

MVP Launch

The first version of the platform launched with savings goals and bookkeeping capabilities.

2025

Growth

ChamaSpace expanded into a broader financial ecosystem supporting lending, tracking, and communal finance.

2026

Zedek

The platform evolved into Zedek — a modern financial infrastructure platform built for individuals and communities.

Our Values

The Principles That Guide Everything

From how we build features to how we talk to users — these values are non-negotiable at Zedek.

Trust & Transparency

Every transaction is visible to members in real time. No hidden fees, no opaque processes. Chamas thrive on trust — so does Zedek.

Community First

We serve group-based finance where most fintechs don't. Our platform is built around the collective, not just the individual.

Radical Accessibility

Starting from KSh 5 is not a gimmick — it's a commitment. Financial tools should work for every Kenyan, not just those who already have capital.

Money Should Grow

Savings sitting idle lose value. We invest idle funds in money market instruments so your money always works — even between contributions.

Name Change · 2024

From ChamaSpace to Zedek

You may know us as ChamaSpace. We've grown — and our name now reflects where we're going. Zedek offers all the products in ChamaSpace but we have added many others.

Ready to Join Zedek?

Whether you're saving solo or managing a chama of 100 — Zedek gives you the digital infrastructure to do it right.

No commitments. Start saving from as little as KSh 5.