Rogers Capital

What Rogers Capital does

Rogers Capital is a Mauritius-based, privately held multi-division financial and technology services group operating as a subsidiary of ER Group (formerly ENL & Rogers). It is structured around three service lines: Technology (IT-enabled services, cloud and data centre, cybersecurity advisory, digital and data solutions, enterprise infrastructure, managed connectivity and broadband, and RPA & AI); Fiduciary (compliance, captive insurance, accounting, payroll, tax services, fund administration, corporate and trust management); and Credit & Leasing, delivered through two FSC-licensed subsidiaries — Rogers Capital Finance Ltd (leasing and factoring, BRN C17145562) and Rogers Capital Credit Ltd (credit financing, BRN C22189006). The company was founded in 2017 alongside its credit arm and reports 251–500 employees, with over 200 staff in the credit division alone.

The Credit division is the most documented revenue engine. It sells consumer finance products — personal credit (Rs 20,000–Rs 200,000 at 15.5% interest), Hire Purchase (12% fixed), Credit Finance Agreement (up to 48 months), business cash loans (up to MUR 500,000 without guarantee), second-hand vehicle financing, Sharia-compliant Ijarah (up to 84 months) and the Young Professional Scheme (100% financing for ages 25–45) — and bills a 2% processing fee plus Rs 200 application fee. Distribution combines 35+ physical counters across Mauritius and Rodrigues, the proprietary noula mobile app (launched 2020, upgraded 2024, with 30,000+ downloads and 86% reported customer satisfaction) and a network of 400+ merchant partners and 150+ car dealerships that originate credit at point of sale.

Revenue mechanics are diversified across interest income (transaction/take-rate), recurring leasing economics, and professional services fees from fiduciary and IT engagements. The customer base is reported at 80,000+ active credit clients, dominated by individuals and SMEs in Mauritius, with fiduciary and technology services also targeting international clients via representative offices in South Africa, Seychelles and Rwanda. Rogers Capital is GDPR-aligned and licensed by the Financial Services Commission for credit finance and leasing activities.

Name

Rogers Capital

Legal name

Rogers Capital Ltd

Website

https://rogerscapital.mu

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

251–500 employees

Short description

Rogers Capital is a Mauritius-based, privately held subsidiary of ER Group offering consumer credit and leasing (via FSC-licensed subsidiaries), fiduciary and professional services, and IT services including cloud, cybersecurity and RPA & AI to individuals, SMEs and global businesses across Mauritius and select African markets.

Ownership category

akta.pro rank

Product category

Consumer and Business Financial Services

NAICS

Finance and Insurance (52), Trust, Fiduciary, and Custody Activities (523991)

SIC

Personal Credit Institutions (6141), Short-Term Business Credit Institutions (6153), Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Direct Lending — Specialty Finance (Consumer/SME Lending Platforms) (FSAHAJAF)

akta.pro secondary industries

SME Trade Finance & Working Capital (LCs, Guarantees, Receivables) (FSABABAF), General SME & Middle-Market Commercial Banking (FSABABAA), SME Cash Management & Payments (Merchant, ACH/Wires, Payroll) (FSABABAD)

Keywords

• Consumer credit services
• Hire purchase financing
• Fiduciary services
• Leasing and factoring
• IT and cloud services

Headquarters

HQ city

Port Louis

HQ country

Mauritius

HQ region

Africa

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Consumer Credit Financing: Interest income from personal loans, vehicle financing, and credit purchases. Revenue generated through interest rates (15.5% for personal credit, 12% for Hire Purchase), processing fees (2% + Rs 200 application fee), and credit facilities repayable over 3-48 months.
2. Leasing Services: Vehicle and equipment leasing through Rogers Capital Finance Ltd. Includes finance lease, operating lease, and leaseback options for individuals and businesses with flexible repayment periods up to 84 months.
3. Fiduciary and Professional Services: Trust, fund administration, corporate services, compliance, accounting, payroll, and tax services provided through the Fiduciary division.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Rogers Capital is a Mauritius-headquartered financial and business services group operating three divisions: Credit (consumer and business finance, hire purchase, leasing, factoring, insurance distribution), Fiduciary (trust, fund administration, tax, payroll, compliance and regulatory services), and Technology (IT-enabled services, cloud, cybersecurity, RPA and AI solutions). The company serves individual consumers, SMEs and corporates through more than 35 service counters across Mauritius, Seychelles, South Africa and Rwanda, and complements its offering with the proprietary 'noula' mobile platform.

Product overview

Rogers Capital is a multi-service financial and technology company operating as part of the ER Group in Mauritius, offering three main service lines: Technology Services (including RPA & AI, Cloud & Data Center, Cybersecurity, Digital & Data Solutions, Infrastructure, and Connectivity), Fiduciary Services (compliance, captive insurance, accounting, payroll, tax, fund administration, and corporate trust), and Credit & Leasing Services. The Credit arm operates through Rogers Capital Finance Ltd (leasing and factoring) and Rogers Capital Credit Ltd (consumer credit), serving over 80,000 clients with products including the noula mobile app for credit applications, vehicle financing (new, reconditioned, second-hand), personal loans, hire purchase, Credit Finance Agreement (CFA), the Young Professional Scheme for vehicle financing, and Ijarah (Sharia-compliant leasing). The company also offers business cash loans up to MUR 500,000, insurance products, and various payment solutions through 150+ payment points across Mauritius and Rodrigues.

Differentiator

Problem solved

Functional benefit

Brands

• noula: Mobile credit application launched by Rogers Capital Credit in 2020, enabling consumers to apply for credit, check balances, make payments, and access digital receipts.

Products and services

• Consumer Credit
• Business Cash Loans
• Leasing Services
• Factoring Services
• Insurance Distribution
• Fiduciary Services
• Technology Services
• noula Mobile Application

Quantifiable outcome

• 86% customer satisfaction rate
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Cim Financial Services (Cim Finance): Mauritius-based consumer finance leader offering credit, hire purchase, leasing and cards through retail and merchant networks; directly overlaps Rogers Capital's core consumer credit and leasing business in the same market.
• Mauritian Eagle Leasing (La Prudence): Mauritius-based leasing and finance provider offering vehicle and equipment leasing; directly comparable to Rogers Capital Finance's leasing and factoring business.

Regional players

• Bayport Financial Services: African consumer lender providing personal loans and credit to individuals; comparable consumer-credit model but focused on other African geographies rather than Mauritius.
• Letshego Holdings: Pan-African consumer and micro/SME lender with a digital-plus-branch distribution model; comparable lending focus across African markets outside Mauritius.
• ABC Banking Corporation: Mauritian bank offering leasing and credit facilities to individuals and SMEs; overlapping domestic financing offering at smaller scale.

Broad incumbents

• The Mauritius Commercial Bank (MCB): Largest Mauritian bank offering retail credit, leasing and corporate finance; a broad incumbent whose consumer credit and SME lending overlap Rogers Capital's offering in the same market.
• SBM Holdings: Major Mauritian banking and financial services group providing lending, leasing and financial services; competes with Rogers Capital across consumer and SME credit domestically.

Others

• IQ-EQ: Global investor-services and fiduciary/fund-administration firm with strong Mauritius operations; overlaps Rogers Capital's fiduciary and fund services division rather than its credit arm.
• Ocorian: International fiduciary, trust and fund administration provider active in Mauritius; comparable to Rogers Capital's fiduciary service line.
• Sanne Group (Apex): Fund administration and fiduciary services provider with a Mauritius presence; overlaps Rogers Capital's fiduciary and fund-services division.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/RogersCapitalConsumerFinance
• Instagraminstagram.com/rogerscapital_consumerfinance
• Xx.com/rogerscapital

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Rogers Capital