“Can a decades-old Nigerian leasing conglomerate remain the default corporate services partner in West Africa while modernizing across fleet, outsourcing, marine, and telematics?”
Founded 1990 as a CBN-licensed consumer finance leasing company, C&I Leasing evolved into a diversified business services conglomerate across four lines: Fleet Management, Personnel Outsourcing, Marine Services, and Citracks Telematics. It expanded regionally with subsidiaries in Ghana (Leasafric) and the UAE (EPIC International FZE). While still CBN-licensed, the company today is more of a services/leasing conglomerate than an embedded-finance platform, funded primarily through the Nigerian commercial paper market rather than any modern embedded-finance stack.
C&I Leasing Plc's lending and capital products are provided by C & I Leasing Plc (in-house).
C&I Leasing Plc's payroll is powered by C&I Leasing TBS Payroll Processing (in-house).
The Embedded Finance Index 2026 maps 3 layers in C&I Leasing Plc's stack: Lending (C & I Leasing Plc (in-house), Operating leases, Finance leases, Fleet leasing and 1 other); Payroll (C&I Leasing TBS Payroll Processing (in-house)); Spend / AP (C&I ExpensePro (in-house)).
C&I Leasing Plc is founded in 1990 and headquartered in Lagos, Nigeria.
Get a read on where your own stack stands against C&I Leasing Plc and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.