FinClub: Transforming Finance, Empowering People, and Building a Sustainable Future

The financial landscape is evolving and with it, the way individuals and businesses access funding, invest in sustainability and engage with financial technology. As a leading fintech player in Mauritius, FinClub is committed to delivering innovative financing solutions that drive both economic and social progress. The first quarter of 2025 has been a milestone period for FinClub, driven by strong demand, innovation, and community impact. Loan applications have surged to an impressive MUR 1 billion, reflecting growing trust in our platform. We also introduced the Green Loan—an innovative financing solution designed to make renewable energy more accessible and affordable, empowering individuals and businesses to invest in a sustainable future while reducing their carbon footprint. Additionally, our efforts in financial literacy and community engagement continue to shape a more inclusive and accessible financial ecosystem.

MUR 1 Billion in Loan Applications – A Growing Demand for Alternative Finance.

The rising demand for fast, flexible and accessible financing solutions has enabled FinClub to cross the MUR 1 billion in loan applications.

By offering a seamless, digital-first financing process, FinClub is empowering individuals, entrepreneurs, and businesses to access capital without the delays, complexities and restrictions of conventional banking systems. This milestone is not just a testament to FinClub’s growth but a clear indicator of a financial shift in Mauritius, where alternative finance is becoming an integral part of the economy. This also reflects a growing trust in peer to peer lending as a viable alternative to traditional banking.

Green Loan – Making Sustainable Investments More Accessible

As energy costs continue to rise and environmental concerns take centre stage, the need for affordable and accessible green financing has never been more critical. In response, FinClub has introduced the Green Loan, a financing solution designed to facilitate the adoption of renewable energy and sustainable technologies.

Whether for solar panel installations, solar water heaters, hybrid or electric vehicles, or water- saving solutions, FinClub’s Green Loan allows Individuals and SMEs to borrow up to Rs 1M and Rs 2.5M respectively. Up to 100% of your project costs are covered, it does not require any collateral or guarantee, is approved quickly(2-3 days) and above, all interest rates start at 8.0%.

Strategic Partnership with Solar Centre

In the same spirit, FinClub is partnering with key players in the sector, among which is Solar Centre (Mauritius).

Through this collaboration both parties aim at providing customers with a seamless customer experience, facilitating the financing of premium solar equipment and as a result, reduce reliance on the national grid for greater stability and sell excess energy back to the grid to make significant savings on their electricity bill.

Customers may apply for FinClub’s Green Loan directly from Solar Centre or from FinClub.mu. This partnership marks a significant step forward in promoting renewable energy adoption, ensuring that financial constraints do not stand in the way of sustainability.

Financial Literacy in Action – A Visit from Middlesex University Students

At FinClub, we are convinced that financial education remains a cornerstone of financial empowerment. Along the same lines, we recently welcomed Middlesex University Mauritius students for an interactive session on financial education, fintech and investment strategies.

The discussion covered fundamental topics such as the need to shifting from a savings to an investment culture, as well as more advanced insights into peer to peer lending and alternative finance models. By engaging with the next generation of financial leaders, FinClub aims to bridge the knowledge gap and equip young minds with the tools to make informed financial decisions.

Women Entrepreneur Empowerment – Supporting Inclusive Economic Growth

Women entrepreneurs represent a powerful driving force in economic development, yet many continue to face challenges in securing funding and accessing financial education. To address this, FinClub designed and hosted a Women Entrepreneur Empowerment Workshop at its offices on 21 March 2025. This initiative was designed to:
• Provide financial education tailored to business growth
• Offer insights into basic marketing strategies for SMEs
• Create networking opportunities with industry leaders

The event was held in collaboration with Entreprendre au Féminin Océan Indien (EFOI-Maurice) and Women Enrtrepreneurs who forms the FinClub community. This initiative is part of FinClub’s broader mission to ensure financial inclusion and equal opportunities in entrepreneurship with a special focus on empowering women entrepreneurs in the celebration of International Women’s Day.

Maha Shivratree – Giving Back to the Community

At FinClub, community engagement is a core value. During the Maha Shivratree pilgrimage, FinClub staff participated in distributing drinks and refreshments to pilgrims, offering support and fostering connections with the community. Beyond financial services, FinClub remains committed to social impact initiatives that contribute to the well-being of the Mauritian people.

A Leadership Milestone – Sanjay G. Mungur Joins the MAFH Board

FinClub is proud to announce that Sanjay G. Mungur, Founder & CEO of FinClub, has been appointed to the Mauritius Africa FinTech Hub (MAFH) Board.

His extensive expertise in digital finance, fintech innovation, and sustainable finance will contribute to shaping the future of fintech in Africa and the Indian Ocean region. This appointment reinforces FinClub’s position as a leading player in the fintech ecosystem, driving positive change at both national and regional levels.

The Future of Finance is Here

From facilitating faster, more accessible financing solutions to pioneering sustainable investments and financial education initiatives, FinClub remains committed to redefining finance for the better. With a strong foundation built on innovation, accessibility and sustainability, the road ahead is one of continued growth, impact, and financial empowerment for all Mauritians.