MFinance is a financial services company in Zambia operating in the micro-finance segment of the market. It is licensed as a deposit taking institution by the Bank of Zambia ranking amongst the market leaders; it is part of the MFS Group, one of the leading diversified financial services groups in Zambia, listed on the Lusaka Stock Exchange. MFinance has two business units notably providing credit to salaried employees of public and private sector enterprises, through the salary-deduction mechanism, and to micro, small and medium sized enterprises (‘MSMEs’). In both segments of the market, the credit is for relatively modest amounts and for relatively short periods thereby reducing the risk of non-payment.
| Website | http://www.mfinance.co.zm |
| Revenue | $30.3 million |
| Employees | 3 (3 on RocketReach) |
| Address | Independence Ave, Lusaka, ZM |
| Phone | +260 211 231 983 |
| Industry | Finance General, Financial Services, Finance |
| Competitors | Standard Chartered Bank, UBA Group, Ecobank Nigeria, Zambia National Commercial Bank (Zanaco) PLC, Bank of Zambia, Zambia Development Agency, Stanbic Bank Zambia, First Capital Bank Zambia, LUSAKA APEX MEDICAL UNIVERSITY, Absa Bank Zambia PLC (view competitors) |
| SIC | SIC Code 61 Companies, SIC Code 615 Companies |
| NAICS | NAICS Code 52229 Companies, NAICS Code 5222 Companies, NAICS Code 52 Companies, NAICS Code 522298 Companies, NAICS Code 522 Companies |
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The MFinance annual revenue was $30.3 million in 2026.
chris Mooney is the Director of Finance of MFinance.
3 people are employed at MFinance.
The NAICS codes for MFinance are [52229, 5222, 52, 522298, 522].
The SIC codes for MFinance are [61, 615].