Finance Cluster

• Consumer Finance

Cim Finance began its Consumer Finance activities in 1987 and has since grown into a leading provider of credit solutions for the purchase of products and services, including unsecured credit facilities with flexible repayment terms. Its network spans over 100 retail points of sale and more than 700 authorised merchants across Mauritius and Rodrigues, ensuring wide accessibility.

 Driven by a commitment to innovation and inclusivity, Cim Finance has significantly enhanced its digital offerings. The MoFinans app serves as a hub for services such as e-loans, accessible both via the app and WhatsApp for Business, while traditional support remains available. The launch of MoPay has further improved the customer experience with a seamless, secure payment solution for consumers and merchants alike. To promote smarter, data driven lending, the company has also adopted a behavioural credit scorecard and integrated digital lending into merchant e-commerce platforms, making credit more accessible at the point of need.

• Leasing

In 1996, Cim Finance became the first player to introduce leasing activities in Mauritius, offering vehicle and equipment leasing services to individuals, entrepreneurs, SMEs, and large corporations. In 2021, Cim Finance pioneered a Green Lease scheme to encourage the purchase of electric or hybrid vehicles and equipment at attractive interest rates. In 2022, Cim Finance further strengthened its position in the leasing market with the strategic acquisition of Tsusho Capital (Mauritius) Limited, a well-established player in vehicle leasing since 2009.

• Cards & Payments

Cim Finance, as a principal member of Visa and Mastercard, is the only non-banking financial institution issuing Credit Cards in Mauritius. Cardholders can benefit from an interest-free period of up to 45 days, along with privileges such as airport lounge access and exclusive partner offers. Cim Finance has also introduced the Cashback Credit Card, allowing customers to earn cashback on everyday spending while enjoying a simple, secure and rewarding payment experience. On the acquiring side, Cim Finance is one of the island’s fastest-growing acquirers, offering solutions ranging from payment links to smart POS terminals, with the aim of supporting business growth while delivering enhanced payment services to their customers.

• Insurance

Cim Finance has taken on a pivotal role as a trusted insurance agent, partnering with top-rated insurance companies including SWAN, MUA, SICOM and Jubilee-Allianz, to offer a comprehensive suite of insurance protection products for its customers. The company offers insurance plans for credit purchases, loan facilities, motor vehicles as well as financed equipment.

• Factoring

True to its pioneering spirit, Cim Finance introduced recourse factoring services in 2004. Since then, the company has continuously evolved its offering to include non-recourse and international factoring solutions. These services are designed to help businesses optimise their cash flow, allowing them to focus on driving long-term, sustainable growth.

• SME

As part of its commitment to empowering small and medium-sized enterprises (SMEs), Cim Finance launched the Noubiznes digital platform in 2022, a one-stop ecosystem offering expert advice, mentorship, networking opportunities, and business resources. To complement this initiative, Cim Finance also offers a wide range of SME-focused financial solutions, including SME loans, leasing and green lease options, factoring, business credit cards, POS terminals, and e-commerce solutions. All are designed to promote growth, enhance sustainability, and improve operational efficiency.

Investment Cluster

Cim Finance’s expansion into Africa began in Kenya with the establishment of Aspira, a wholly owned subsidiary specialising in the Hire Purchase segment. In 2018, Aspira launched a mobile app to facilitate applications for credit facilities and the provision of information on loan status and payment updates. In 2022, Cim Finance acquired a minority stake in Fundkiss, Mauritius’ pioneering peer-to-peer lending platform. Moreover, in line with its diversification strategy, Cim Finance has a controlling stake in Loinette Capital, an asset-based finance provider focused on creating bespoke funding solutions to SMEs across sub-Saharan Africa since 2008. The company is headquartered and regulated as a credit provider in Mauritius, with representatives in West, Central and East Africa and Mauritius.