Who can issue e-money in Ethiopia?
6 entities are on the official National Bank of Ethiopia register under the Ethiopia licence category this dataset maps to e-money issuance ("Payment Instrument 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 2026-08-04 · changed 2026-08-04.
“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
Payment Instrument Issuer
National Bank of Ethiopia · 6 entities · source not dated- Ethiotelecom
- Kacha Digital Financial Services S.C
- Safaricom Ethiopia PLC
- ToloPay Financial Technology S.C
- Vitabirr Financial Services S.C
- Yaya Payment Instrument Issuer S.C
Source: National Bank of Ethiopia
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