Afriset Fintech

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
  1. Ethiotelecom
  2. Kacha Digital Financial Services S.C
  3. Safaricom Ethiopia PLC
  4. ToloPay Financial Technology S.C
  5. Vitabirr Financial Services S.C
  6. Yaya Payment Instrument Issuer S.C

Source: National Bank of Ethiopia

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