Who can issue e-money in Rwanda?

As of 2025-11-01, 7 entities are on the official National Bank of Rwanda register under the Rwanda licence category mapped to e-money issuance ("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.