Afriset Fintech

MVEND Rwanda Limited

Rwanda

E-Money Issuer

Normalized activity: Issue e-money / hold customer funds (fintech:EMONEY_ISSUE)

Status (as reported): 
licensed
Source wording: 
“The following are institutions that have a license to operate in Rwanda (as of November 2025) under Law No 061/2021 of 14/10/2021 governing payment systems”
Regulator: 
National Bank of Rwanda

Source: National Bank of Rwanda · as of 2025-11-01 · recorded 2026-07-02T19:37:33Z

Aggregator

Normalized activity: Process payments (no float) (fintech:PAYMENT_PROCESSING)

Status (as reported): 
licensed
Source wording: 
“The following are institutions that have a license to operate in Rwanda (as of November 2025) under Law No 061/2021 of 14/10/2021 governing payment systems”
Regulator: 
National Bank of Rwanda

Source: National Bank of Rwanda · as of 2025-11-01 · recorded 2026-07-02T19:37:33Z

Remittance

Normalized activity: Cross-border money transfer (fintech:REMITTANCE_XBORDER)

Status (as reported): 
licensed
Source wording: 
“The following are institutions that have a license to operate in Rwanda (as of November 2025) under Law No 061/2021 of 14/10/2021 governing payment systems”
Regulator: 
National Bank of Rwanda

Source: National Bank of Rwanda · as of 2025-11-01 · recorded 2026-07-02T19:37:33Z