Who can issue e-money in Rwanda?
As of 2025-11, 7 entities are on the official National Bank of Rwanda register under the Rwanda licence category this dataset maps to e-money issuance ("E-Money 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 2026-08-24 · 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
E-Money Issuer
National Bank of Rwanda · 7 entities · source date 2025-11- Airtel Mobile Commerce Limited
- Centrika Limited
- Chipper Technologies Rwanda Limited
- Flutterwave Rwanda Limited
- Mobicash Limited
- Mobile Money Rwanda Limited
- MVEND Rwanda Limited
Source: National Bank of Rwanda
Related
Everything Afriset holds on Rwanda →
Related questions
This question, in other markets