CIM Financial Services Ltd (Cim Group) is a financial services group listed on the Official Market of the Stock Exchange and headquartered in Mauritius. Cim Group operates across two major clusters namely: Finance cluster and Investment cluster.
The Group has over 700 employees across Mauritius and Rodrigues.
Cim Finance offers financial solutions to consumers, SMEs and large corporates. Present on the credit market since 1987, Cim Finance has more than 600 employees and over 80 counters spread over Mauritius and Rodrigues.
Cim Finance has been, and remains, the first non-banking financial institution in Sub- Saharan Africa to issue MasterCard and Visa credit cards..
The company is regulated by the Bank of Mauritius (BoM) as non-banking deposit taking institution and licensed by the Financial Services Commission (FSC) as a credit financing institution and offers a range of credit card issuing and acquiring services. Cim Finance is equally engaged in leasing and factoring activities duly licensed by the FSC.
The Group has a significant stake in iVeri Payment Technologies, a pan-African electronic payment solutions provider based in Johannesburg. The company has been developing electronic payment technology since 1998 for a range of African based banks.
The Group has also recently set up a hire purchase business in Kenya under the name of Cim Credit Kenya. The Company has deployed a fin-tech enabled business model leveraging on Kenya’s unique mobile digital eco system and high consumer awareness of mobile phone app-based lending platforms.