Afriset Fintech

Who can issue e-money in Kenya?

As of 2026-05-15, 9 entities are on the official Central Bank of Kenya register under the Kenya licence categories mapped to e-money issuance ("E-Money Issuer" and "Small E-Money Issuer"). Only these categories may hold customer funds. The full, source-linked list is below.

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

E-Money Issuer Central Bank of Kenya · 9 entities · as of 2026-05-15

  1. Afrinet Global & Company Limited
  2. Airtel Money Kenya Limited
  3. Finserve Africa Limited
  4. Kashia Services Limited
  5. Safaricom PLC
  6. Telkom Kenya Limited
  7. Viewtech Limited
  8. Web Tribe Limited
  9. Whizmo Limited

Source: Central Bank of Kenya

Small E-Money Issuer Central Bank of Kenya · 0 entities · as of 2026-05-15

Source: Central Bank of Kenya