Loita

What Loita does

Loita is a privately held pan-African financial services group founded in 1992 and headquartered in Mauritius, operating through four core business pillars across 15+ African countries. Loita Capital Partners International provides investment banking advisory services including debt and equity arrangement, corporate finance, treasury and capital markets, bank management, and correspondent banking for governments, central banks, commercial banks, and major corporates. Loita Transaction Services (LXS) operates electronic funds transfer and national payment switching infrastructure ('The Switch') in Zimbabwe, Kenya, and Zambia, alongside the EFT Corporation division which provides Postilion-based software licensing, POS devices, HSMs, and server hardware. FinTech International extends this technology stack into core banking (Finfinancial) and a shared MFI Hub platform serving microfinance institutions and Saccos, with integrations to national payment switches, mobile network operators, credit reference bureaus, immigration, and traffic systems.

The firm's revenue model combines transaction fees from operating national payment switches, professional services fees from advisory mandates, software licensing and maintenance revenue, managed services from seconding professionals into bank management teams, and credit-only microfinance lending through FinCredit in Kenya and Uganda. Distribution is delivered through direct enterprise field sales supported by physical offices in Mauritius, Kenya, South Africa, Zimbabwe, Ghana, Liberia, and Malawi, with relationships spanning 26+ years and cumulative advised/structured transaction volume exceeding USD 6 billion since inception. Customer concentration is spread across multiple regulated financial institutions and government counterparties, with marquee mandates including LBDI, NASSCORP, Finance Corporation Malawi, BACAR Rwanda, Finance Bank Zambia, and Afrasia Bank Mauritius.

Name

Loita

Legal name

Loita Group

Website

https://loita.com

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

11–50 employees

Short description

Loita is a Mauritius-headquartered pan-African financial services group founded in 1992, providing investment banking advisory, national payment switching infrastructure, core banking software, and microfinance lending to governments, central banks, commercial banks, and MFIs across 15+ African countries.

Ownership category

akta.pro rank

Product category

Investment Banking & Financial Services

NAICS

Portfolio Management and Investment Advice (523940), Credit Intermediation and Related Activities (522)

SIC

Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211), Loan Brokers (6163)

akta.pro primary industry

Investment Management Advisory (RIA) (FSAEAAAB)

akta.pro secondary industries

Portfolio Management–Led RIAs (Discretionary/Model-Based) (FSAAACAC), SME Loan Servicing & Collections (FSAKAGAK)

Keywords

• Investment banking advisory
• Payment switching services
• Microfinance lending
• Bank management services
• Electronic funds transfer

Headquarters

HQ city

Cassis

HQ country

Mauritius

HQ region

Africa

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Switching Transaction Fees: Recurring transaction fees from the switching business model. LXS's national switches in Zimbabwe, Kenya and Zambia generate transaction fees as the main revenue driver. Joining fees and monthly service fees also apply.
2. Corporate Finance Advisory: Advisory services for debt arrangements, equity transactions, and capital-raising for African clients including governments, central banks, and banks.
3. Software Licensing and Maintenance: Postilion software licensing and maintenance fees, along with reselling of hardware equipment (Hypercom POS devices, Futurex HSMs, Stratus ftServers) and related products.
4. Bank Management Services: Technical management agreements with banks where Loita secondes professionals to full-time management teams in operations, treasury, credit, marketing and financial control.
5. Project-based Implementation Services: Service fees for project management, technical consultation and support, implementation costs, customized development, and training.
6. Microfinance Lending (FinCredit): Credit-only microfinance operations in Kenya and Uganda providing asset financing, loans, and insurance products to diverse clientele.

Go-to-market motion3 records

Distribution channels1 record

Marketing channels4 records

Core offering

Loita is a pan-African financial services group offering investment banking advisory, debt and equity arrangement, bank management, electronic funds transfer and payment switching infrastructure, microfinance lending, and corporate administrative services across Africa. The group advises governments, central banks, commercial banks, exporters, and importers on structuring and arranging transactions, and operates national payment switches in Zimbabwe, Kenya, and Zambia through its LXS division.

Product overview

Loita is a pan-African financial services group founded in 1992 and headquartered in Mauritius, organized around four core business pillars. Loita Capital Partners International is the investment banking and corporate finance arm providing advisory services, debt and equity arrangement, and bank management across Africa. Loita Transaction Services (LXS) operates through its switching business (The Switch) covering Zimbabwe, Kenya, and Zambia, and its EFT Corp division providing software licensing and hardware solutions. Fintech International, a wholly owned subsidiary, provides underlying financial technology infrastructure including the Finfinancial core banking system and the MFI Hub shared platform for microfinance institutions. FinCredit Limited extends credit-only microfinance in Kenya and Uganda. Loita Management Services provides regulatory and administrative services in Mauritius for global business clients. Treasury and Capital Markets, Bank Management Services, and Correspondent Banking round out the offerings. The group has advised on, structured, and arranged in excess of US$6 billion in transactions since inception.

Differentiator

Problem solved

Functional benefit

Brands

• FinTech International: Financial technology solutions including core banking, leasing, and digital banking services across Africa.
• EFT Corporation
• FinCredit

Products and services

• Loita Capital Partners International Pan-African investment banking and financial services firm offering arrangement and funding of debt transactions, advisory and capital-raising for equity transactions, bank management, correspondent banking, and corporate financial services across Africa from a network of affiliated locations.
• Loita Transaction Services (LXS) - Payment Switching and EFT Division supporting group subsidiaries in the automation of transactions and applications of card technologies. Operates through two core divisions: EFT Corp (software licensing, POS devices, HSMs, servers) and The Switch (Pan-African payment switching and clearing businesses). Provides electronic funds transfer, switching, consulting, and systems integration services for banking and non-banking customers across Zimbabwe, Kenya, and Zambia.
• FinCredit Limited Credit-only micro-finance institution operating in Kenya and Uganda since 2000, originally part of the AAR Group of Companies. Provides microfinance products including asset financing, instant loans, employee check-off loans, logbook loans, salary advances, business loans, and insurance premium financing to diverse clientele.
• Loita Management Services Limited Advisory and administrative services in the Global Business, Trust, and Financial Sectors for international organizations and individual investors establishing a presence in or related to Mauritius. Leverages pan-African experience to offer customized and responsive services for clients with regional headquarters in Mauritius doing business in Africa and Europe.
• Fintech International - Finfinancial System and MFI Hub Wholly owned subsidiary providing financial technology solutions including the Finfinancial system (core banking, leasing, and digital banking) and the MFI Hub shared platform for MFIs and Saccos. Serves the African financial services industry, including Malawi's national payments ecosystem, with solutions for automation, digitization, mobile savings, lending, and integration to national payment systems, mobile network operators, credit reference bureaus, immigration systems, and traffic departments.
• Bank Management Services (BMS) Technical and administrative bank management services through which Loita seconds professionals to full-time management teams in operations, treasury, credit, marketing, and financial control. Loita has been involved in the establishment, management, and restructuring of banks in Ghana, Rwanda, South Africa, Malawi, and Zambia.

Quantifiable outcome

• Advised on, structured and arranged over USD 6 billion in transactions across Africa since 1992
• +3 more outcomes

Named customers9 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature4 records

Partnerships

Eleven partnerships are on record, tiered core, flagship and minor.

• Liberia Bank for Development and Investment (LBDI)coreStrategic or Co-development Partner · 16 January 2020Loita Capital Partners International assisted in opening an investment banking unit of LBDI in Monrovia, Liberia. The launch was dedicated by President of African Export-Import Bank, Dr. Benedict Oramah, with support from Central Bank of Liberia, Government of Liberia, and National Investment Commission. Loita plans to play an active role in Liberia's banking community creating platforms for innovative financial solutions.
• Africa Export-Import Bank (Afreximbank)flagshipStrategic or Co-development Partner · 16 January 2020Afreximbank President Dr. Benedict Oramah dedicated the LBDI investment banking unit launch. Afreximbank approved USD 65 million worth of bonds for Liberian Banking sector. The bank has exhibited partnership in Africa by supporting various financing initiatives that benefit African countries including Liberia.
• Government of Liberia / Former President Ellen Johnson SirleafcoreStrategic or Co-development Partner · 1 January 2016Former President Ellen Johnson Sirleaf encouraged Loita in 2016 to consider non-traditional financial approaches for liquidity issues confronting NASSCORP. Loita was invited to Liberia through this encouragement to structure solutions for the National Social Security and Welfare Corporation.
• Junior Achievement Mascareignes (JA Mascareignes)minorOthersLoita is represented on the Board by Director of Corporate Affairs Kim Gueho as Treasurer. JA Mascareignes educates and inspires young population to develop entrepreneurial and life skills through Learn by Doing Programs, reaching over 45,000 beneficiaries since 2009.
• Eric Edward Roy Fund (EERF) for Education in AfricaminorOthersFund established by Eric's family and business partners in Loita to advance ideals for development of African communities through support for early education of African Youth. Dr. Delwin Roy serves as Chairman and President.
• Western Indian Ocean Marine Science Association (WIOMSA)minorOthersNon-governmental organisation advancing regional cooperation in coastal and marine sciences and management, supporting sustainable development in the Western Indian Ocean Region.
• Republic National Bank of New YorkcoreStrategic or Co-development PartnerLoita was appointed as sole African strategic marketing partner. Through this relationship, Loita structured correspondent relationships and lines of credit supporting numerous banks and financial institutions in the COMESA region.
• Lloyds TSB BankcoreStrategic or Co-development PartnerIn 2001, Loita served as Lloyds TSB Bank's Africa-wide representative. Through this relationship, Loita structured correspondent relationships and lines of credit supporting numerous banks and financial institutions.
• Ecobank TransnationalcoreStrategic or Co-development PartnerFinance Corporation Malawi was restructured as a commercial bank in joint venture with Ecobank Transnational, a leading Pan-African bank.
• Africa Business RoundtableminorOthersLoita CEO Justin Chinyanta serves as Executive Vice President (Southern Africa) for the Africa Business Roundtable.
• Frontier 100 CEOs (Global Development Initiative)minorOthersJustin Chinyanta is a pioneer member of General Colin Powell and Ms Madeleine Albright's Initiative for Global Development's Frontier 100 CEOs.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Rand Merchant Bank (FirstRand): African-focused investment banking and corporate finance division of FirstRand, providing advisory, debt arranging, and principal investing across Africa. Comparable to Loita Capital Partners International in mandate scope (debt/equity advisory, restructuring, project finance) and in pan-African institutional client base.
• Interswitch: Pan-African integrated digital payments and commerce company operating payment switches, processing, and consumer payment platforms across Nigeria and broader Africa. Directly comparable to Loita's 'The Switch' national payment-switch business in Zimbabwe, Kenya, and Zambia, with overlapping payment-processing and infrastructure mandate.
• Actis: Emerging-markets private equity investor with significant African exposure across financial services, infrastructure, and consumer sectors. Comparable to Loita's pan-African financial-sector advisory and capital-raising mandate, particularly around African banks, fintech, and infrastructure finance.
• Helios Investment Partners: Pan-African private equity firm investing across financial services, fintech, and related sectors in Africa. Comparable to Loita Capital Partners International in institutional pan-African financial-services advisory and capital deployment, though operating primarily as a principal investor rather than pure advisor.
• Ecobank Transnational: Pan-African banking group operating across 30+ African countries with retail, commercial, and investment banking operations. Already a strategic partner of Loita in the Finance Corporation Malawi restructuring, Ecobank directly overlaps Loita's pan-African investment banking, correspondent banking, and transaction-banking footprints.
• Letshego Holdings: Pan-African microfinance and inclusive finance group operating across 11 African markets, focused on consumer and SME credit products. Directly comparable to Loita's FinCredit subsidiary, with similar asset-financing, salary-deduction, and micro-lending products targeted at employed and informal-sector borrowers.

Broad incumbents

• Standard Bank Group: Africa's largest banking group by assets, with extensive investment banking, transaction services, and emerging-markets operations across Africa. Compares to Loita's pan-African advisory and transaction-banking presence, but at significantly broader scale and as part of a full-service retail/commercial banking franchise.
• Bank of Africa (BMCE Group / BOA Group): Pan-African and international banking group with presence in over 20 countries across Africa and Europe, providing retail, corporate, and investment banking. Compares to Loita's pan-African banking, advisory, and correspondent-banking activities, though as a much larger full-service banking franchise.

Regional players

• Network International: Leading payment processor across the Middle East and Africa, providing merchant acquiring, card processing, and payment-switching services. Comparable to Loita Transaction Services in EFT/switching functionality, though Network International's primary geographic footprint is Middle East/North Africa rather than sub-Saharan Africa.

Emerging players

• MFS Africa (now Onafriq): Pan-African digital payments network enabling cross-border mobile-money and payment interoperability across 200+ corridors. Comparable to Loita's switching and EFT infrastructure business, focused on similar payment-rail and interoperability challenges across African markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/LoitaMauritius

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries12 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 Loita