What does it take to get an e-money licence in Mozambique?

To hold an e-money licence in Mozambique, you need the Instituição de moeda electrónica licence from Banco de Moçambique. Published local presence / incorporation: Must adopt the form of a public limited company (sociedade anónima). 3 entities currently hold an e-money licence in Mozambique. Full requirements — minimum capital, local presence, timeline, local ownership, fees and ongoing obligations — are set out below in each instrument's own words, with source and date; amounts are in the statute's own currency.

“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

Instituição de moeda electrónica

Banco de Moçambique

Requirement	As published	Source	Source date
Minimum capital	Not officially published: Decreto 50/2024 fixes no metical minimum-capital amount for an e-money institution; the pre-2024 figures are in the revoked Decreto 99/2019 and no operative published figure was located this build.	Decreto n.º 50/2024, de 11 de Julho — Regulamento da Lei das Instituições de Crédito e Sociedades Financeiras (LICSF); the EPSP regime lives in arts. 51–59 (revokes Decretos 56/2004, 57/2004, 31/2006, 30/2014 and 99/2019, the EPSP decree)	2024-07-11
Local presence / incorporation	Must adopt the form of a public limited company (sociedade anónima). Verbatim “a forma de sociedade anónima, quando se constituam como instituição de moeda electrónica e instituição de transferência de fundos”	Decreto n.º 50/2024, de 11 de Julho — Regulamento da Lei das Instituições de Crédito e Sociedades Financeiras (LICSF); the EPSP regime lives in arts. 51–59 (revokes Decretos 56/2004, 57/2004, 31/2006, 30/2014 and 99/2019, the EPSP decree)	2024-07-11
Timeline	Not officially published: Licensing is decided case-by-case by the Governor under the LICSF; no fixed number of days within which BdM must grant or refuse an EPSP application is published in this regulamento.	Decreto n.º 50/2024, de 11 de Julho — Regulamento da Lei das Instituições de Crédito e Sociedades Financeiras (LICSF); the EPSP regime lives in arts. 51–59 (revokes Decretos 56/2004, 57/2004, 31/2006, 30/2014 and 99/2019, the EPSP decree)	2024-07-11
Local ownership	No such requirement: Decreto 50/2024 sets no ownership-percentage or nationality cap for an e-money institution.	Decreto n.º 50/2024, de 11 de Julho — Regulamento da Lei das Instituições de Crédito e Sociedades Financeiras (LICSF); the EPSP regime lives in arts. 51–59 (revokes Decretos 56/2004, 57/2004, 31/2006, 30/2014 and 99/2019, the EPSP decree)	2024-07-11
Fees	No such requirement: No application/authorization fee schedule is fixed for an EPSP in Decreto 50/2024.	Decreto n.º 50/2024, de 11 de Julho — Regulamento da Lei das Instituições de Crédito e Sociedades Financeiras (LICSF); the EPSP regime lives in arts. 51–59 (revokes Decretos 56/2004, 57/2004, 31/2006, 30/2014 and 99/2019, the EPSP decree)	2024-07-11
Ongoing obligations	E-money is issued only against receipt of funds and is redeemable at par at the holder's request. Verbatim “A emissão de moeda electrónica faz-se sempre contra a recepção de fundos … A moeda electrónica é reembolsável a pedido dos seus portadores”	Decreto n.º 50/2024, de 11 de Julho — Regulamento da Lei das Instituições de Crédito e Sociedades Financeiras (LICSF); the EPSP regime lives in arts. 51–59 (revokes Decretos 56/2004, 57/2004, 31/2006, 30/2014 and 99/2019, the EPSP decree)	2024-07-11

Requirements as published in the cited instruments — not legal or compliance advice. Capital and fees are shown in the currency the statute itself uses. Where a value is located but not yet verified, we show that it exists but don't publish the figure. Verify directly with the regulator.

Maintained: this official source is re-checked on a weekly schedule — last checked 2026-08-04.

Who already holds this licence?

3 entities are on the Banco de Moçambique register under the Instituição de moeda electrónica category — view the register .

What does it take to get an e-money licence in Mozambique?

Instituição de moeda electrónica

Who already holds this licence?

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