Tunzi
Kigali, Rwanda
What it is
Tunzi is a mobile savings and investment app for setting goals, saving through mobile money, and tracking progress. It runs on Android, iOS, and the web. Users can customize personal goals, set reminders, and choose from Quick Save, Round down, Save on Spend, or a 52-week challenge. Groups can include 2 to 15 members, and every member must approve a withdrawal. Tunzi states that Quick Save and normal goals earn 6% per year, while locked goals and the 52-week challenge earn 8%, with interest distributed daily. The app has no monthly charge or maintenance cost, but withdrawals incur fees from RWF 200 to RWF 1,000, depending on transaction size. Requests are usually processed within 48 hours, excluding weekends and public holidays, and sent through MTN mobile money to a linked number. Deposits are held in a custody bank, and BK Capital handles investments. Tunzi says it is authorized by Rwanda's Capital Markets Authority. Users must be at least 18 and able to enter binding contracts.
For and against
For
- Available on Android, iOS, and the web
- Personal goals include reminders and progress tracking
- Group withdrawals require approval from every member
- Several saving rules and challenge options
- No monthly or maintenance charge
Against
- Withdrawals incur fees from RWF 200 to RWF 1,000
- Withdrawal requests can take up to 48 hours, excluding holidays
- Users must be at least 18
- Withdrawals use MTN mobile money
The verdict
Tunzi combines customizable goals, group saving, and several saving rules, with interest rates specified for different options. Before using it, account for withdrawal fees, processing time, and the MTN mobile money withdrawal channel.
Who it suits
Tunzi may suit adults in Rwanda who want to save toward personal or group goals through mobile money. Its rules and daily interest distribution may appeal to users looking for structured saving options.
Plans and prices
Tunzi
Free to use · no monthly charge or maintenance cost · withdrawal fees apply
Read 7 Oct 2026 · tunzi.money
On the record
- Custody and fund manager
- Tunzi says deposited funds are held in a custody bank and investments are handled by fund manager partner BK Capital.tunzi.money · read 7 Oct 2026
- Eligibility
- The terms require users to be at least 18 years old and legally able to enter binding contracts.tunzi.money · read 7 Oct 2026
- Group savings
- Groups support 2 to 15 members, and every member must approve a group withdrawal before it is processed.tunzi.money · read 7 Oct 2026
- Investment returns
- The FAQ states that Quick Save and normal goals earn 6% per year, while locked goals and the 52 week challenge earn 8% per year, with interest distributed daily.tunzi.money · read 7 Oct 2026
- Mobile apps
- Tunzi directs users to download the app from Google Play or the App Store.tunzi.money · read 7 Oct 2026
- Mobile money
- The terms define MOMO as the MTN mobile money payment channel and say withdrawals are sent to the user's linked mobile number through MTN mobile money.tunzi.money · read 7 Oct 2026
- Personal goals
- Users can create and customize personal goals, set reminders, and track progress against a target.tunzi.money · read 7 Oct 2026
- Privacy and data
- The privacy policy says Tunzi may access contacts and MTN mobile money messages with permission, and stores personal data on Google Cloud servers.tunzi.money · read 7 Oct 2026
- Purpose
- Tunzi is a mobile based savings and investment app that uses goals, behavioral psychology, and gamification to help people save through mobile money.tunzi.money · read 7 Oct 2026
- Regulatory status
- Tunzi states that it is authorized by Rwanda's Capital Markets Authority to offer its investment platform.tunzi.money · read 7 Oct 2026
- Saving rules
- The app offers Quick Save, Round down, Save on Spend, and a 52 week savings challenge.tunzi.money · read 7 Oct 2026
- Security
- Tunzi describes its app security as bank grade; its privacy policy says internet transmission is not completely secure and Tunzi cannot guarantee data security outside its direct control.tunzi.money · read 7 Oct 2026
- Support
- The FAQ directs users to the in-app help button for WhatsApp support and lists [email protected] as a contact email.tunzi.money · read 7 Oct 2026
- Withdrawal fees
- Tunzi says the app is free to use and lists withdrawal fees ranging from RWF 200 to RWF 1,000 for transaction ranges from RWF 500 to RWF 1,000,000.tunzi.money · read 7 Oct 2026
- Withdrawal timing
- Withdrawal requests are usually processed within 48 hours, excluding weekends and public holidays.tunzi.money · read 7 Oct 2026
