Directory · ZM
Financial Services in Zambia
A register of firms and the professionals working at them in the Financial Services sector based in Zambia. Browse the public index, then filter or export on Kipplo.
Companies
233 on file
Ecobank Zambia
Ecobank Zambia, an affiliate of the Ecobank Group is a full-service bank. It provides Wholesale, Retail, Investment and Transactional Banking services to governments, financial institutions, multinationals, local companies, SMEs and individuals. Ecobank has had a presence in Zambia since August 2009 and currently operates through its 7 branches in Lusaka (Thabo Mbeki, Cairo Road, Woodlands and Industrial Branch), and on the Copperbelt (Kitwe, Ndola and Copperbelt University). Ecobank Zambia’s services are delivered by three customer-focused business segments namely Corporate Banking, Commercial Banking and Consumer Banking all of which are supported by an Integrated IT platform operated by eProcess, the group’s technology subsidiary. The bank is increasingly focusing on digital platforms to provide convenience to its clients. It is committed to serving its clients with speed, accuracy and the highest level of professionalism. Ecobank won the “Best Customer Experience Organisation in Zambia” awarded by the Zambia Institute for Customer Management in 2015. Ecobank Zambia was also awarded the Best Overall Bank for EMV Migration in Southern and East Africa by VISA in 2016. The bank will continue to work towards customer service excellence in Zambia. With an asset base of K3.345 billion as at 31st December 2019, the bank was ranked 8th out of 18 commercial banks in Zambia in terms of asset size. Ecobank has laid a great emphasis on digital banking as a means of achieving greater financial inclusion across Africa and also to deliver services in a more efficient and cost effective manner. In 2017, the Ecobank Group was named the “Best Digital Bank in Africa” at the Euromoney Awards. The Group was also awarded winner for “Innovation in Banking” by the African Banker Awards. This attests to its focus on digital solutions as a key driver of its business. Ecobank Zambia is licensed and regulated by Bank of Zambia (BOZ) and operates within the prudential guidelines.
201 to 500 staff
Madison Finance Company Limited
Madison Finance Company Limited (MFinance) was established in 2004 and is a Deposit Taking Financial Institution that is regulated by the Bank of Zambia. MFinance was granted a license to operate as a deposit-taking micro finance institution in August 2014 and is now taking deposits from corporates as well as individuals. MFinance also provides a wide array of loan products to micro, small and medium sized entrepreneurs as well as pay-roll backed financial products and services. MFinance operates a 12-branch network across the country covering peri-urban and rural areas thus assisting to realise the Government’s goal of financial inclusion. MFinance provides a wide array of financial solutions to micro, small and medium sized entrepreneurs as well as pay-roll backed financial products and services.
51 to 200 staff
Zambia National Building Society
Zambia National Building Society is a provider of mortgage, banking and property management services. ZNBS is wholly owned by the Zambian Government and is the largest building Society in Zambia. It was established by the Building Societies Act of 1968 which was amended on 24th December 1970. ZNBS has a network of 21 branches and 15 properties in Zambia and present in Lusaka, Mazabuka, Choma,Livingsone,Chipata,Mongu,Kapiri,Kabwe,Ndola, Kitwe, Chingola, Mufulira,Chililabomwe, Luanshya, Solwezi, Mansa, Kasama and Mpika.ZNBS intends to expand to Muchinga province and Nyimba in Eastern Province.
201 to 500 staff
Finca Zambia
FINCA Zambia Ltd is a Microfinance Deposit Taking Institution regulated by The Bank of Zambia under the Banking and Financial Services (Microfinance) Regulations, 2006.
201 to 500 staff
Absa Bank Zambia Plc
Absa Bank Zambia PLC is one of Zambia's leading financial institutions offering an integrated set of products and services across Corporate and Investment Banking, Business Banking with solutions for SMEs, and Retail Banking. Absa Bank Zambia PLC is part of Absa Group Limited, one of Africa's largest diversified financial services groups. The Group has a presence in 12 African countries and representative offices in London and New York. Absa is a truly African brand with global reach, inspired by the people we serve and driven by our purpose of bringing possibility to life.
501 to 1000 staff
Entrepreneurs Financial Centre Efc
Entrepreneurs Financial Centre (EFC) is a deposit-taking Micro Finance Institution licensed and regulated by the Bank of Zambia. EFC was founded with the intent to provide working capital solutions for Micro, Small and Medium Enterprises (MSMEs), with a focus on product innovation tailored to meet clients' needs. At EFC, we believe that access to finance plays an important role in business growth. We are passionate about wealth creation and developing the private sector by increasing access to specialized financial services in Zambia. We aim to reinvent Micro-Finance by offering flexible terms and creating unique opportunities for our clients. Our Vision and Mission Our Vision and Mission statements are relevant and inspiring. By 2020, EFC Zambia will be the preferred financial institution for around of MSMEs working in diverse sectors of the economy, providing them with access to funding adapted to their needs. We will continue to explore new markets/segments and re-enforce our position in the "Missing Middle segment" by doubling our balance sheet in the next three years
51 to 200 staff
Fsd Zambia
Financial Sector Deepening Zambia (FSDZ) is a Zambian organisation working closely with key players throughout the economy to ensure that all Zambians are financially healthy, particularly the most excluded and underserved. We help rural families, women, youth, low income people, and other households in Zambia to understand and access a wide range of sustainable, comparable and affordable financial services. To expand financial inclusion, we collaborate with both public and private sector institutions to make financial markets work better. FSD Zambia enhances trust between clients and suppliers of financial services by helping to increase their understanding, expand innovation, and lower costs. In this way all women, men, girls and boys can learn about, choose, and use a wide range of financial services according to their needs. FSDZ enjoys the active support of financing partners UK Aid, Swedish Sida and Rural Finance Expansion Programme (RUFEP).
11 to 50 staff
Mobicom Africa Ltd
Mobicom Africa Ltd founded in 2011 is a Pan African marketing, below the line consultancy firm with focused expertise in Digital Financial Services (DFS) deployment and enhancement. We have scored several success stories in Southern & East Africa regions working with the some of the biggest Mobile Network Operators and Banks over the years.
201 to 500 staff
Citizens Economic Empowerment Commission
The Citizens Economic Empowerment Commission was established by the Zambian Government through an act of Parliament Act No. 9 of 2006 with a mandate to implement various economic empowerment programs across the country. The rationale of the CEEC is to promote the empowerment of citizens that have been marginalized or disadvantaged and whose access to economic resources and development capacity has been constrained due to various factors such as race, sex, educational background, status and disability. In executing its mandate, the CEEC has anchored its programs and activities around the nine pillars of empowerment which include equity ownership management and control of companies. These must be citizens-influenced companies (5 to 25 per cent), citizen empowered in the range of 25 to 50 per cent and citizens owned (50 plus one percent). Preferential Procurement, as provided for in the Citizens Economic Empowerment (CEE) Act number 9 of 2006, is a measure designed to broaden market access of the local enterprises so as to integrate them into the mainstream economy. Preferential procurement is a key component in empowering the Zambian Citizens. It is noted that government procurement accounts for about 15% of the Gross Domestic Product (GDP). Both the private and public sectors spend a lot of money on procurement of goods and services in the course of their business activity, citizens have been constrained to effectively and meaningfully participate.
51 to 200 staff
Agora Microfinance Zambia Amz
Agora Microfinance Zambia Limited, a company limited by shares, was licensed with the Bank of Zambia in 2010 as a non-deposit taking non-bank financial institution, with the objective of providing financial service to the financially excluded (largely rural) population of Zambia. Since its inception, AMZ has adopted the solidarity group model for its group lending and includes a diverse range of products such as Agriculture lending, Group lending, Small business group lending, MSME lending, Micro Insurance, and Mobile money in its portfolio of offerings.
501 to 1000 staff
Care Cooperative Savings & Credit Society Limited
To provide affordable and flexible financial services to members through savings, loans and investments in an efficient, effective and transparent manner to enhance member's standard of living.
11 to 50 staff
Izwe Zambia
Izwe has changed over one hundred thousand lives by providing flexible and accessible financial solutions. Since our launch in 2008, thousands of Zambians have turned to us for financial assistance and we’ve kept our promises and helped bring their dreams to life. As our longest-serving subsidiary to Izwe Africa Group we are proud to say that our extended time within this unique market has yielded immense results and invaluable growth experience. Our presence includes • 3 branches • 20 sales centres • 338 agents, covering all regions Izwe is a non-deposit taking financial business registered with and licensed by the Bank of Zambia (BOZ). It is also regulated by the Securities Exchange Commission (SEC), the Pensions and Insurance Authority (PIA) and the Lusaka Stock Exchange (LuSE). It was the first Zambian lender (and the second in Africa) to be SMART certified in 2016. This certification confirms our compliance to the 99 principles of responsible lending and treatment of clients, covering pricing, information security, affordability, along with sales and client interactions and feedback. We have built a significant reputation as a financial solutions provider characterised by transparency and customer-centricity. We are meticulous about regulatory compliance with local rules and authorities and it is this, coupled with unmatched service speed and ease of access that has established our credibility as a trusted, safe, and reliable financial journey partner. Whether you need a salary advance, or a personal or business finance solution Izwe can help. For more information:
51 to 200 staff
Kotani Pay
Overview Kotani Pay is Africa’s most reliable on ramp and off ramp platform. We enable businesses to remit to Africa to their local payment channels by converting their fiat to stablecoins and stablecoins to fiat. Our clients get to enjoy a faster, affordable and secure transaction process by either integrating to our API or accessing our one-time settlement solution. Products Stablecoin settlement solution- One time stablecoin/ fiat access. API-businesses can integrate seamlessly with local payment channels in Africa. USSD- On/off ramp directly to your mobile money. Use cases 1. Remittance 2. Forex arbitrage 3. Lending 4. Insurance 5. Saving 6. Social protection: Universal Basic Income 7. Busines financing: Inventory finance and supply chain finance 8. Gig work Stablecoins supported USDT, USDC, cUSD
11 to 50 staff
Micro Finance Zambia Limited
To provide financial services to the formal and informal sector distinguished by the ability to deliver sustainable profitability through product and service innovation, and quality employment.
51 to 200 staff
Octagon Financial Services Zambia Limited
Time to Save for Retirement is Now
11 to 50 staff
Stargate Finance
Stargate Financial Limited is a fintech company that was founded in 2018. In our strategic outlook, we envision the company initially as a microcredit provider serving the Zambian market and eventually incorporating other financial services covering savings, and other investments all leveraging technology.
11 to 50 staff
Digital Paygo
DIGITAL SHARED SERVICES LTD. The Zambia-based fintech company since February 2019, Digital Shared Services Limited, aims to build a joint digital marketplace offering solutions tailor-made for the Zambian market. The company came about out of the need for interoperability and collaboration in the pursuit of digital transformation initiatives. OUR SERVICES We live in a world where digital financial services are increasingly fragmented and confined to their silo. Their individual usefulness to many companies is limited by this lack of interoperability. Every bank and financial institution wants to drive digital transformation that usually recommends brick and mortar branch rationalisation to radically reduce fixed costs. With fewer branches open, alternative channels need to be driven. Digital PayGo provides valuable solutions to grow mobile transactions, drive incremental revenue, drive access to more channels that's where we come into play: Digital PayGo was born out of a need to find a cost-effective way to drive digital transformation while maintaining the compliance and security standards of the financial industry. We specialise in custom solutions to link to your business to the complex ecosystem of digital and financial services in Zambia. We are building a marketplace for shared digital solutions such as software/infrastructure as a service to lower entry barriers for Zambian businesses into utilising fintech.
11 to 50 staff
Lupiya
Payments, investments and loans
11 to 50 staff
Zambia Electronic Clearing House Limited Zechl
Zambia Electronic Clearing House Limited (ZECHL), is a non-profit making entity registered under the Companies Act No 10 of 2017. It is a private company limited by Shares. It was formed in and the current Shareholders are the Bank of Zambia and 18 Commercial Banks. The ZECHL provides interbank clearing and switching services to the Bank of Zambia, Commercial Banks, and Financial Institutions. The ZECHL operates the National Financial Switch (NFS) and the Cheque Truncation System (CTS), which are common/shared payment gateways that facilitate efficient and secure payment processing and interconnectivity between multi-payment institutions within the country. The services offered include, but not limited to the following: 1. Card payments. These transactions generated from Automated Teller Machine (ATM) and Point of Sale (POS) devices. Electronic Funds Transfer (EFT). This includes: a. Direct Debit and Credit Clearing. These are batched EFT transactions. b. E-Money. These are real-time EFT transactions. Cheque Image Clearing (CIC). These are batched electronic cheque transactions. Performing daily industry net settlement reporting for the ZECHL shareholders. The ZECHL has a strong workforce of about Thirty-Five (35) employees with its Head Office in Lusaka Zambia as the main operating site, complemented by an off-site Disaster Recovery site.
11 to 50 staff
Abc Asset Management
African Banking Corporation Investments Services Limited (Co. registration number 47958) T/A ABC Asset Management is a subsidiary and 100% owned by Atlas Mara Zambia. We are a licensed Dealer regulated by the Securities and Exchange Commission of Zambia. We are an investment management company ranked among Zambia’s largest managers of mutual funds/unit trusts. The business has over 30 years of combined experience, offering investment services that cut across a wide range of investment classes. Over the years we have crafted and perfected the art of investment management practice and have delivered consistently on all portfolios that we manage. As your trusted investment manager we recognize we have an important part to play in shaping the future of all our stakeholders. Therefore, our focus on doing the right thing for our clients, our people and community lives at the center of our service culture. Our Promise: To deliver wealth management services through value investing and capital preservation. Our goal is to always provide you with access to the best investment ideas and superior investment performance. Our investing responsibly for all our stakeholders helps us deliver on a sustainable business model that allows us to meet all of our clients’ aspirations. We will always nurture the values that are at the center of who we are as a business.
1 to 10 staff
African Life Financial Services
African Life Financial Services Zambia Limited is a leading privately owned wealth management company in Zambia serving both corporations and retail clients from every economic sector of the country. • We are Zambia’s largest private investment managers and are pioneers of the Zambian investment management industry, having a track record that goes back over 24 years to the liberalization of the Zambian financial sector. • We have recognized capabilities across all major asset classes that are managed either through segregated or pooled mandates depending on the investor’s preference. In addition to fund management we have proven capabilities in property development, corporate finance, and managing the life and non-life assets of insurance companies and management of endowment and religious bodies’ funds. • Through our Mpile Unit Trust funds we offer the following products to suit every investment case for institutional clients: o Mpile Global Equity Fund o Mpile Local Equity Fund o Mpile High Yield Debt Fund o Mpile Money Market Fund o Mpile Balanced Fund o Mpile Property Fund o Mpile Gratuity Fund • For Fund Management, Aflife investment management services includes: o Review of the fund profile, o Setting up of a long term investment strategy, o Implementing the strategy, o Investing the fund, o Keeping trustees informed of investment decisions/recommendations and o Achieving the long term security on behalf of the members. Aflife also invests for The Apex Retirement Fund; a retirement fund for self-employed high net worth professional individuals. Aflife’s main investment objectives include capital appreciation, liquidity, investment returns, risk diversification and appropriate asset to liability matching.
11 to 50 staff
Cgrate Zambia Ltd
cGrate Zambia is a subsidiary of cGrate International. Established in 2009, cGrate Zambia’s mission is to provide convenience by processing payments that connect consumers, merchants and issuers. cGrate has traditionally focused on the high-volume distribution and sale of electronic vouchers (airtime, electricity, water and other utility payments) and provision of mobile banking services. The company has evolved over the last years to service the growing demand by financial institutions and mobile money operators to digitize their operations by providing points of presence for merchant payments, cash withdrawals, cash deposits, and online payments. Our role in the market is to bring all issuers into one platform for merchants to serve consumers from the multiple issuers.
51 to 200 staff
Gs Cash Advance
GS Cash Advance is a microfinance company based in Zambia, providing short-term loans to clients. Our services include cash advances with repayment periods ranging from three to six months, designed for individuals working for approved companies. Our company's aim is to make the lending process quick and easy, without requiring collateral. We offer affordable loans with minimal requirements and strive to provide excellent customer service and financial advice.
201 to 500 staff
Hobbiton Investment Management Company
Hobbiton Investment Management Company is a Zambian Company run by experienced fund managers and investment advisers. The Company has a number of investment and savings products that are safe, secure and high yield and easy to invest in. We have a facility known as "Hobbiton Unit Trust Fund" which provides high yields, easy to redeem and easy to access. The Hobbiton Unit Trust allows one to investment as low as ZMW 250 per month of which the minimum investment period is 180 Days. Our Clients are able to make their investments using Debit Cards, Mobile Money, DDAC facility and Payroll deduction. You can reach us on;+260956529966 +260211232877 or email; invest@hobbiton.com
1 to 10 staff
