Afriset Fintech

Who can issue e-money in Rwanda?

As of 2025-11, 7 entities are on the official National Bank of Rwanda register under the Rwanda licence category this dataset maps to e-money issuance ("E-Money Issuer") — issuing stored value and holding the customer float under that licence. Other institutions (e.g. licensed banks) may hold customer funds under separate authority. The full, source-linked list is below.

Maintained: this official source is re-checked on a weekly schedule — last checked 2026-08-24 · unchanged since the previous check.

Source recency: National Bank of Rwanda's official list is dated 2025-11 — the most recent official publication; verify current status directly with National Bank of Rwanda. Entries below are as reported by that list — not a statement of current status.

“E-money issuance” here is the normalized activity: Issue stored-value / electronic money redeemable at par and hold the customer float. The category of licence that lets a provider keep customers' money.

Activity id (as used by the Afriset MCP): fintech:EMONEY_ISSUE

E-Money Issuer

National Bank of Rwanda · 7 entities · source date 2025-11
  1. Airtel Mobile Commerce Limited
  2. Centrika Limited
  3. Chipper Technologies Rwanda Limited
  4. Flutterwave Rwanda Limited
  5. Mobicash Limited
  6. Mobile Money Rwanda Limited
  7. MVEND Rwanda Limited

Source: National Bank of Rwanda

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