Financial Services in Jamaica

The Jamaica National Group

On February 1, 2017, The Jamaica National Group, a powerful, Jamaican mutually-owned global business, became a reality and the country’s third largest commercial bank, JN Bank, was launched. Following the re-submission of the Jamaica National Building Society (JNBS) application for a commercial banking license in November 2013 to the Bank of Jamaica (BOJ), the application was approved by the BOJ in February 2015. The country’s third largest financial institution at the time, the Society commenced the process to convert the building society into a commercial bank and to restructure the JN Group. The JN Group has been restructured to ensure compliance with the new Banking Services Act. The reorganisation of the JN Group involved the establishment of the JN Financial Group, a financial holding company, which will own the new JN Bank and all other companies in the JN Group that offer financial services. These companies are: • JN Fund Managers Ltd.(JNFM) • JN Life Insurance Ltd.(JN Life) • JN Money Services Ltd.(JNMS) • JN Small Business Loans Ltd.(JNSBL) • JN Cayman Ltd. JN General Insurance Ltd.(JNGI) A Non-Financial Holding Company, the MCS Group has also been established to take ownership of non-financial entities in The Jamaica National Group. These non-financial entities are: • Jamaica Automobile Association (JAA) • JN Properties Limited • Management Control Systems (MC Systems) The Creative Unit (TCU) Total Credit Services Limited (TCS) Both the JN Financial Group and the MCS Group and the entities under their control will be under the direct control of The Jamaica National Group. All members’ rights under mutuality will be transferred to The Jamaica National Group and JN Bank account holders will automatically become a member of The Jamaica National Group.

1001 to 5000 staff

National Commercial Bank Jamaica Limited Ncb

We are the People’s Bank. With roots dating back to 1837, NCB is a financial powerhouse. We serve Jamaicans from all walks of life with 20+ digital and full-service branches across the island, and the largest ABM fleet of 300+ machines. We also offer a range of revolutionary services and payment solutions like NCB ePOS, the first of its kind in the English-speaking Caribbean that allows NCB Merchants to accept payments by simply tapping contactless cards or virtual cards in digital wallets like NCB Pay. Follow for the latest news, exclusive insights, and more.

1001 to 5000 staff

Aim Financial Corporation Limited

Jamaica's #1 place to get LOANS for ANY PURPOSE from up to $3.3M*. ABOUT AIM Financial Corporation Limited AIM Financial Corporation Limited,(AIM), was formed on May 6, 2004, as a micro-finance company. Through continuous development and enhancements, we offer a comprehensive range of loan options designed to meet your needs and offer flexible repayment packages. There are four locations open to serve you in Kingston and Saint Catherine. We are currently offering these main categories of loans: MOTOR VEHICLE LOANS PERSONAL LOANS Our loan officers are trained professionals who can help evaluate your eligibility and provide you with options that are specifically tailored to your unique financial situation. WhatsApp your Inquiry: If you prefer to chat directly with one of our loan officers, feel free to send us a WhatsApp message. See our branch contacts below: Head Office (19 West Kings House Road):(876) 232-8613 or (876) 525-7739 Pavilion Mall (Shop #27):(876) 878-7693 (876) 232-8610 Kingston Mall (Shop# 23-24 Kingston Mall):(876) 553-4847 (876) 553-4843 Spanish Town (Shop # 17 Oasis Plaza):(876) 553-1554 Portmore (Shop # 17 Oasis Plaza):(876) 553-4765 (876) 232-8605 May Pen (Shop #15, 35 Main Street, Bargain Village):(876) 573-4922 Mandeville (Shop # 11-12, Bank House Mall ):(876) 579-7713 (876) 232-8606 Ocho Rios (Shop # 34-35 Soni’s Plaza, Main Street):(876) 402-4012 Montego Bay (Shop # F202, Baywest Shopping Centre, 1 Harbour Street):(876) 499-1048 Our loan officers will be able to assist you with any questions or concerns regarding the loan application process. At AIM Financial, we strive to provide the best possible service to our customers. We understand that financial matters can be complex, and we want to ensure you have all the information you need to make informed decisions. Our application process is simple and hassle-free.

11 to 50 staff

Simm Associates, Inc

SIMM Associates is a full-service, nationally licensed collection agency providing compliant receivables management solutions across the student lending, consumer lending, credit and retail card, fintech, healthcare, auto finance, credit union, and debt buying industries. We deliver traditional collection services alongside a persona-based, machine-learning digital solution designed to enhance consumer engagement while maintaining regulatory compliance. In addition, we offer best-in-class deceased care solutions, including decedent verification, estate location scrubs, a proprietary Probate Tracker℠ claim filing process, and an empathetic survivor recovery approach, all performed with brand sensitivity and compliance at the forefront. Headquartered in Newark, Delaware, we operate call centers in Jamaica and the Dominican Republic. We hold PCI DSS Level 1, ISO 27002, SOC 1 Type II, and SOC 2 Type II certifications and service clients throughout the United States, including Puerto Rico.

201 to 500 staff

Advantaq Limited

ADVANTAQ provides managed services for regional & community banks and other financial institutions. We provide our clients with innovative back-office solutions that deliver high-quality support, improved operational controls and increased efficiencies, allowing institutions to focus on sales and customer experience. ADVANTAQ provides financial institutions the benefits of cutting edge technology and specialized expertise, leveraging the scale of multiple institutions utilizing our services across the Caribbean.

11 to 50 staff

Cool Loans

Cool Loans is first and only microfinance institution in Jamaica offering non-collateralized, 24-hour loans. Our microloans facility is a part of the Cool Group of Companies. We offer our customers a quick, easy and convenient way to borrow. We will always treat you with the respect you deserve.

11 to 50 staff

Educom Co-Operative Credit Union

AAMM and UWI Co-operative Credit Unions merged their operations on April 1, 2015 and realized the birth of EduCom Co-operative Credit Union Limited. This merger had resulted in an asset base for EduCom of $5 billion and membership of approximately Both credit unions shared common values and strong commitment to their members. The UWI Mona and Community Co-operative Credit Union was founded in 1954 by the staff of the University of the West Indies, Mona with only two shillings and was then called University Staff College Co-operative Credit Union. The primary purpose of the Credit Union was to afford housing solutions for its members in the surrounding communities of Mountain Terrace and Nannyville Housing Scheme. The Credit Union before the merger served employees, students and alumni of the University of the West Indies and the University of Technology as well as their relatives. Staff and students of other institutions within neighbouring communities, staff of businesses and residents, within the neighbouring communities and their relatives were also eligible for membership at UWI Mona and Community Co-operative Credit Union. Originally known as the Association of Assistant Masters and Mistresses, AAMM was conceived in 1960 as a vehicle to assist teachers to gain access to credit facilities which were difficult to obtain from more traditional financial institutions. Like the UWI Mona Co-operative Credit Union, AAMM started from humble beginnings with only One Hundred and Sixty Eight pounds in share capital. Prior to the merger AAMM served teachers and their families. Based on the similarities of both credit unions, combining their strengths give both the opportunity, to deliver stronger financial performance and offer a wider range of financial products to an expanded membership base.

201 to 500 staff

Flourish Financial Services Ltd

Flourish Financial Services is a Debt Collections Agency created to help businesses in various industries and countries increase their recovery performance and reduce their bad debt portfolio.

1 to 10 staff

Gateway Co-Operative Credit Union

To empower our members by providing excellent service and sound financial guidance to create partnerships that will result in prudent, progressive and competitive business decisions, yielding mutual success. The unification of the Hanover and Montego Credit Unions gave birth to Gateway Co-operative Credit Union (2017) Limited on January 3, 2017. Post-merger, Gateway is now the 6th largest Credit Union in Jamaica, boasting an asset size of approximately $8.1 billion JMD, with a membership of over members in the Cornwall Region.

51 to 200 staff

Mozido

Mozido created a mobile financial services platform that helps people manage money easier and cheaper than traditional methods. Using just the mobile phone, customers of brands using Mozido’s platform can buy goods, make payments, and send money more conveniently and at a lower cost than using a bank or a credit card. More and more people around the world are choosing to manage their money themselves, via their mobile phone, instead of relying on, and paying fees to, traditional financial institutions. It’s these people – the unbanked and underserved, and those who realize we are all underserved by today’s traditional financial models – which Mozido serves best. Mozido’s mobile payments platform includes mobile financial services, city services, loyalty programs, and solutions for financial services and retail. Our cloud-based platform is highly interoperable and can work with virtually any wireless carrier or mobile device, and can integrate with mobile offerings from other vendors. For more information, visit us at Follow us on Twitter:@MozidoGlobal

501 to 1000 staff

The Jamaica Stock Exchange Limited

51 to 200 staff

Multi Level Marketing

Founded in 2018, Loans On Demand aim is to offer payday loans at an incredible low rate to employees of companies in Montego Bay. The primary focus of Loans On Demand is to provide small personal loans to individuals who are in need of financial assistance. We aim to provide a buffer zone for Our customers, through easy access to economical and convenient loans.

1 to 10 staff

Tip Friendly Society

TIP Friendly Society (TIP) is a non-profit based insuring Society for all persons employed in the field of education. The Society was established in September 1997 and is registered under the Friendly Societies Act of 1966. TIP is a Member of the International Co-operative Alliance, and we hold membership and sit on the board of the ICA America’s. We are regulated and audited by the Registrar of the Department of Co-operatives & Friendly Societies; and governed by a Committee of Management (Board) which comprises 17 members (14 are parish representatives, 1 is a youth representative and 2 are members at large). To date, we are the largest Friendly Society in Jamaica. As at December 2023 Audited Financial Report, our asset base is $6.25 billion; our loan portfolio is $4.6 billion; our members’ savings is $3.5 billion, and we served a membership of over

51 to 200 staff

Wilco Finance

WILCO Finance's mission is to improve access to financing for individuals, micro, small and medium enterprises (MSMEs) in Jamaica and wider Caribbean region. Its sustainable finance strategy guides its vision of financial inclusiveness and its impact on the stakeholders, communities and the environment. MSMEs, and the challenges and opportunities they manage daily, are at the centre of the WILCO ecosystem. We understand the importance of inclusive, affordable and accessible financing and have partnered with development financing institutions to advance microfinance in Jamaica. WILCO Finance is a licensed microcredit institution by the Bank of Jamaica (BOJ), and an Accredited Microfinance Institution (MFI) by The Development Bank of Jamaica (DBJ).

1 to 10 staff

Regions Financial Services

Regions Financial Services is a financial solutions company that operates in the microfinance industry. The Company's product offering includes Personal and Business Loans up to $1.5 Million. Our goal is to provide our customers with lending solutions that fulfill their wants and needs at the most affordable rate. Our friendly, knowledgeable, and professional staff educate and provide the best financial solutions for our customers.

11 to 50 staff

The Victoria Mutual Building Society

201 to 500 staff

Advance Source Finance Ltd

Advance Source Finance matches investor funds with our SourceCo loan customers when they need funds. Advance Source Finance is aware of the periods in life when the customer needs to borrow, and we provide a service that can efficiently provide funds on any mobile device utilizing state of the art loan servicing software which is new to the market. Advance Source Finance loans will be a completely cloud-based business, utilizing artificial intelligence risk assessment data analysis tools to reduce risk and provide loans that are based on responsible fiscal policy.

1 to 10 staff

Eppley Limited

Eppley is an investment company listed on the Jamaica Stock Exchange. We focus on private markets in the Caribbean and Central America. Our strategy is to generate attractive risk-adjusted returns by addressing inefficiencies in the region across credit, mezzanine, real estate and infrastructure asset classes. We invest on our own account and on behalf of our investors in our managed funds including- Caribbean Mezzanine Fund II Successor to Caribbean Mezzanine Fund I, the first credit and mezzanine fund focused on the Caribbean. We have a successful track record of deploying capital in this strategy throughout the Caribbean since 2017 with a diverse portfolio of investments to logistics, technology, energy, BPO and industrial entities- Eppley Caribbean Property Fund Largest listed real estate fund in the Caribbean. Owns a diversified commercial real estate portfolio across the region, with blue chip tenanted industrial, BPO, office and retail assets. Produces attractive hard currency income and capital appreciation. Only real estate fund listed on all three major regional stock exchanges: Jamaica Stock Exchange, Barbados Stock Exchange and the Trinidad and Tobago Stock Exchange. Headquarters 58 Halfway Tree Road, Kingston, Kingston JM

11 to 50 staff

Payaveta

A mobile digital wallet payment service that allows users to easily transfer money to one another, allows small businesses without POS machines to accept cashless payments, allows users to easily receive their remittances from family and friends abroad, and allows users to buy,sell,send and receive cryptocurrency as remittance.

1 to 10 staff

Thrivingdollars Co

We educate young professional adults on how to make smarter financial decisions and create their ideal financial lives.

1 to 10 staff

Isp Finance Services Ltd

Unknown to some but already a household name to many, ISP Finance Services is a micro-finance company whose origins can be traced back to January 2007. At ISP, we are committed to providing outstanding customer service by treating people with dignity and respect. This means going the extra mile, but that’s just how we like to do things.

11 to 50 staff

National & Community Co-Operative Credit Union

A Member-focused, Community-Centred, Innovative, employer of choice and Jamaica's #1 Credit Union in Member Value and Member Satisfaction.

11 to 50 staff

Pension Industry Association Of Jamaica

The Pension Industry Association of Jamaica (PIAJ) was incorporated on October 12, 2004, as a non-profit organization dedicated to promoting public awareness and understanding of issues related to superannuation funds, retirement schemes, and their stakeholders. Our membership includes defined benefit and defined contribution pension schemes, as well as providers of essential services to the pensions sector—such as investment managers, administrators, and pension plan sponsors. The Association also welcomes individuals with a vested interest in the pension industry. The PIAJ is governed by a Board of Directors, which oversees the governance and strategic direction of the Association. Supporting the Board are three key subcommittees: Legislative and Public Relations.

11 to 50 staff

E-Loan Micro Financing Limited

We Don't Just Grant Loans, We Satisfy Financial Appitites

1 to 10 staff