Fintech & digital payments rules in Guinea (2026)

The BCRG licenses Electronic Money Establishments as distinct supervised entities. As of 2025-2026, 11 EMEs are licensed and active in Guinea, with operators including Orange Money and others holding autonomous EME licenses granted by the BCRG.

The BCRG has launched a national Monetary and Digital Switch — a sovereign interoperability platform linking banks, EMEs, microfinance institutions, and payment operators to enable real-time electronic transactions at reduced cost, in line with international security standards.

The BCRG officially launched the Système de Paiement Instantané (SPI) project on 18 December 2025, built on open-source Mojaloop technology. Implemented by La Guinéenne de Monétique (GuiM), the SPI aims for real-time 24/7 interoperable transfers across all financial actors. As of May 2026, governance frameworks and technical work are progressing but the system is not yet fully live.

Guinea's AML/CFT framework is anchored in Law No. 2021/0024/AN and supervised by the BCRG, aligned with GIABA (Inter-Governmental Action Group against Money Laundering in West Africa) standards. KYC requirements apply to all EMEs and payment operators.

No dedicated open banking framework or BNPL-specific regulation has been identified in Guinea as of May 2026. These segments remain unregulated as standalone categories; digital credit products may fall under general banking/consumer lending oversight by the BCRG.

In November 2025, the BCRG, with World Bank support, presented a strategy to deploy a merchant payment system modelled on M-Pesa, targeting government-to-person (G2P) disbursements and cash reduction. This strategic push reinforces the broader digital payments regulatory agenda.