Afriset Fintech

Who can issue e-money in Zambia?

7 entities are on the official Bank of Zambia register under the Zambia licence category this dataset maps to e-money issuance ("Electronic Money Institution") — 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

Electronic Money Institution

Bank of Zambia · 7 entities · source not dated
  1. MTN Mobile Money Limited
  2. Mypay Financial Solutions Limited
  3. Samafrica Online Zambia Limited
  4. Spargris Zambia Limited
  5. Union 54 Limited
  6. Zamtel Mobile Money Limited
  7. Zoona Transactions Zambia Limited

Source: Bank of Zambia

Related

Everything Afriset holds on Zambia →

All questions →