Afriset Fintech

Who can issue e-money in Namibia?

9 entities are on the official Bank of Namibia register under the Namibia licence category this dataset maps to e-money issuance ("Electronic Money (E-Money) participant") — 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 · unchanged since the previous check.

“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

Electronic Money (E-Money) participant

Bank of Namibia · 9 entities · source not dated
  1. Bank Windhoek (BWHK)
  2. First National Bank (FNB)
  3. MTC Maris (Pty) Ltd
  4. Nam-mic Payment Solutions (NPS)
  5. Nedbank Namibia (NBN)
  6. Standard Bank Namibia (SBN)
  7. United PayPoint (Pty) Ltd
  8. Virtual Technology Services (VTS)
  9. VIVO Energy Namibia (VIVO)

Source: Bank of Namibia

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