Cim Financial Services Ltd (Cim Group) is a financial services group listed on the Official Market of the Stock Exchange of Mauritius and head-quartered in Mauritius. CFSL (the “Cim Group”) and its subsidiaries operate across two major clusters.
Cim Finance offers financial solutions to individual consumers, SMEs and large corporates. Present on the credit market since 1987, Cim Finance has more than 500 employees and over 80 counters spread over Mauritius and Rodrigues. Cim Finance is the first non-banking financial institution in Sub-Saharan Africa to issue MasterCard and Visa credit cards, and the first financial institution to issue China UnionPay International credit cards in Africa. The company is regulated by the Bank of Mauritius (BoM) as a non-banking deposit taking institution and licensed by the Financial Services Commission (FSC) as a credit financing institution offering 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 company has been ISO 9001:2008 certified since 2009.
Cim Property holds a diversified portfolio in Mauritius comprising office, commercial and industrial properties as well as significant land assets held for development.
The Group also 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.