Is your money safe?
Cashlet is built on a foundation of bank-grade security and strict regulatory oversight. Your savings are invested in CMA-regulated funds managed by licensed institutions, ensuring your hard-earned money is protected 24/7 in line with Kenyan financial laws.
REGULATED
CMA Regulated Funds
ENCRYPTED
Bank-Grade Security
PROTECTED
Licensed Fund Managers
General Questions
What exactly is Cashlet?
Cashlet is a modern savings app that gives you access to high-yield Money Market Funds. We partner with regulated fund managers to help everyday Kenyans grow their wealth with as little as KES 1,000.
New to Cashlet? Learn how we're making wealth building accessible for every Kenyan through smart, regulated savings technology.
Is Cashlet a bank?
No, we are a financial technology platform. Unlike a bank that keeps your money in a savings account, we invest your funds directly into Money Market Funds managed by CMA-licensed institutions to ensure better returns.
Why should I use Cashlet in 2026?
In 2026, keeping cash static means losing value. Cashlet offers real-time tracking, daily interest credited to your app, and the ability to start small while earning like a pro investor.
Savings & Accounts
How do I open an account?
Opening a Cashlet account is easy. Simply download the app, register with your phone number and email, and complete your KYC within minutes.
What are the interest rates?
Cashlet users typically earn between 10% to 13% p.a. interest depending on market conditions, with daily updates in your dashboard.
Is there a minimum balance?
You can start your savings journey with as little as KES 100 on Cashlet. Our goal is to make professional funds accessible to everyone.
Can I have multiple goals?
Yes, you can create multiple savings plans for different goals within the app—whether it's for 'sherehe', school fees, or an emergency fund.
Are my savings taxed?
Interest earned is subject to a 15% withholding tax by the government of Kenya, which is automatically deducted from your daily earnings.
How do I fund my account?
The core funding method is via M-Pesa. You can use our 'Easy Fund' feature for instant push notifications to your phone to save seamlessly.
Withdrawals & Transfers
Accessing your funds is simple and fast. We understand that everyday Kenyan savers in 2026 need liquidity and speed.
M-Pesa Transfers
Withdraw directly to your registered M-Pesa number. Funds are typically available within 1 working day, ensuring you have cash when you need it for emergencies or daily expenses.
Process Timelines
Requests made before 10:00 AM are usually processed same-day. Weekend and public holiday requests are settled on the next business day.
Low Minimums & Policy
Minimum withdrawal is Ksh 100. There are no hidden fees or penalties for accessing your savings, maintaining Cashlet's commitment to complete transparency.