Banking — Mobile Money

Mobile money in Ethiopia — TeleBirr, CBEBirr, Amole and more.

All 27 NBE-licensed payment operators in Ethiopia — compare mobile money platforms, USSD services and digital payment solutions.

27
Licensed payment operators
NBE
Regulatory authority
2021
First licence issued

NBE registry

All 27 licensed payment operators

AdmasPay Financial Technology S.C

Largest

Payment Gateway Operator

LicenceNPS-PII/021/2025
StatusPilot Phase

AfroPay Digital Financial Technology S.C

Payment Gateway Operator

LicenceNPS-PSO/017/2025
StatusPilot Phase

Amole (Dashen Bank)

Digital payment platform from Dashen Bank with merchant payments and bill pay.

Websiteamole.com

Beqelal Financial Technology S.C

Payment Gateway Operator

LicenceNPS-PSO/018/2025
StatusPilot Phase

BirrLink Financial Technologies S.C

Payment Gateway Operator

LicenceNPS-PSO/014/2025
StatusPilot Phase

Cashflow Financial Technologies S.C

Payment Gateway Operator

LicenceNPS-PSO/011/2024
StatusPilot Phase

CBEBirr (Commercial Bank of Ethiopia)

Mobile banking and payment service from the Commercial Bank of Ethiopia.

EPay Financial Services S.C

POS and Payment Gateway Operator

LicenceNPS-PSO/019/2025
StatusPilot Phase

Ethiotelecom | Telebirr

MOBILE MONEY SERVICES & USE OF AGENTS

LicenceNPS PII/01/2021
StatusCommercialized

Fenanpay Solutions S.C

Payment Gateway Operator

LicenceNPS-PSO/009/2024
StatusCommercialized

FinPay Digital Financial Solution S.C

Payment Gateway Operator

LicenceNPS-PII/020/2025
StatusPilot Phase

HelloCash (Amhara Bank)

Mobile money service with strong presence in Amhara region.

Institution Name

Service Type

LicenceLicense Number
StatusCurrent Status
WebsiteWebsite

KisPay Financial Solutions S.C

Payment Gateway Operator

LicenceNPS-PSO/015/2025
StatusPilot Phase
Websitekispay.et

LakiPay Financial Technologies S.C

Payment Gateway Operator

LicenceNPS-PSO/012/2025
StatusPilot Phase

M-BIRR

Mobile financial service for rural and underserved communities.

Websitembirr.com

PawaPay Digital Financial Services S.C

Payment Gateway Operator

LicenceNPS-PSO/010/2024
StatusPilot Phase
Websitepawapay.io

Payment System Operators

Safaricom Ethiopia PLC | M-PESA

MOBILE MONEY SERVICES & USE OF AGENTS

LicenceNPS/PII/003/2023
StatusCommercialized

StarPay Financial Service S.C

Payment Gateway Operator

LicenceNPS-PSO/013/2025
StatusCommercialized

Sunpay Financial Solutions S.C

POS & PAYMENT GATEWAY OPERATOR

LicenceNPS/PSO/004/2021
StatusLicense Revoked

TeleBirr (Ethio Telecom)

Ethiopia largest mobile money platform with 40M+ registered users.

Timeless Pay Tech Solutions S.C

Payment Gateway Operator

LicenceNPS-PSO/016/2025
StatusPilot Phase

ToloPay Financial Technology S.C

Payment Instrument Issuer

LicenceNPS-PII/005/2025
StatusPilot Phase

Vitabirr Financial Services S.C

Payment Instrument Issuer

LicenceNPS-PII/006/2025
StatusPilot Phase

Yagout Pay Financial Technology S.C

POS & PAYMENT GATEWAY OPERATOR

LicenceNPS/PSO/008/2023
StatusCommercialized

Yaya Payment Instrument Issuer S.C

MOBILE MONEY SERVICES & USE OF AGENTS

LicenceNPS/PII/004/2023
StatusCommercialized

Source: NBE registry · nbe.gov.et · 27 licensed payment instrument issuers

Platform guide

Ethiopian mobile money explained.

01

TeleBirr — the dominant platform

TeleBirr is Ethiopia largest mobile money platform with over 40 million registered users. Operated by Ethio Telecom, it supports payments, transfers, bill payments and merchant QR codes. Available on all networks via USSD and smartphone app.

02

Interoperability — the future

The NBE Mobile Money Interoperability Directive requires all operators to enable transfers between platforms. TeleBirr users can send to CBEBirr users and vice versa — making the ecosystem more useful for everyone.

03

Bank-linked vs standalone wallets

CBEBirr and Amole are bank-linked platforms — directly connected to your bank account. TeleBirr and HelloCash operate as standalone wallets you load with cash. Bank-linked wallets offer higher limits and easier fund management.

NBE licensed only

Every operator verified against the NBE registry.

BirrBank only lists payment operators holding a valid National Payment System licence from the National Bank of Ethiopia.

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