Afriset Fintech

MOBILE MONEY OPERATOR LICENCE CATEGORY — Nigeria

The Nigeria licence category mapped to issue e-money / hold customer funds (Issue stored-value / electronic money redeemable at par and hold the customer float. The category of licence that lets a provider keep customers' money.) Regulator: Central Bank of Nigeria. MMOs may hold customer funds (e-money issuance). Mapping human-reviewed and approved in the Phase-1 plan, 2026-07-02. Published as section 'B. MOBILE MONEY OPERATOR LICENCE CATEGORY' on the CBN PSP register page.

As of 2026-07-02 (date of retrieval — the source publishes no date) · source: Central Bank of Nigeria · 17 entities

# Provider Status (as reported) Licensed / granted Source
1 Abeg Technologies Limited licensed Central Bank of Nigeria · as of 2026-07-02
2 Chams Mobile licensed Central Bank of Nigeria · as of 2026-07-02
3 eTranzact International Limited licensed Central Bank of Nigeria · as of 2026-07-02
4 Fortis Mobile Money Limited licensed Central Bank of Nigeria · as of 2026-07-02
5 Funds And Electronic Transfer (FETS) Limited licensed Central Bank of Nigeria · as of 2026-07-02
6 Hedonmark Management Services Limited licensed Central Bank of Nigeria · as of 2026-07-02
7 KongaPay Technologies Limited (formerly Zinternet Limited) licensed Central Bank of Nigeria · as of 2026-07-02
8 Mkudi Limited licensed Central Bank of Nigeria · as of 2026-07-02
9 NowNow Digital Systems Limited (formerly Contec Global Infotech Limited) licensed Central Bank of Nigeria · as of 2026-07-02
10 Opay Digital Services Limited (formerly Paycom Nigeria Limited) licensed Central Bank of Nigeria · as of 2026-07-02
11 Pagatech Limited licensed Central Bank of Nigeria · as of 2026-07-02
12 PalmPay Limited licensed Central Bank of Nigeria · as of 2026-07-02
13 Parkway Projects Limited licensed Central Bank of Nigeria · as of 2026-07-02
14 Teasy International Company Ltd licensed Central Bank of Nigeria · as of 2026-07-02
15 Visual ICT Limited licensed Central Bank of Nigeria · as of 2026-07-02
16 VTNetwork Limited licensed Central Bank of Nigeria · as of 2026-07-02
17 Xpress MTS Limited licensed Central Bank of Nigeria · as of 2026-07-02

The equivalent licence in other markets

Categories mapped to the same normalized activity (fintech:EMONEY_ISSUE):