Axian gets digital credit licence in Comoros

Details: Vaughan O'Grady; Category: Mobile Finance; 25 February 2026; 4340 views

Pan-African infrastructure and services group Axian says it has secured a Decentralised Digital Financial Institution (DFI) license from the Central Bank of Comoros, enabling the creation of a newly established regulated entity operating under a prudential supervisory framework.

This, says the company, represents a significant step in its digibank and fintech strategy and forms part of the group’s broader pan-African ambition to design and scale secure, interoperable and universally accessible digital financial solutions.

Across its markets, Axian says it is committed to empowering individuals, entrepreneurs and businesses by strengthening access to formal financial services that support life journeys and economic growth.

While Axian already has an established presence in mobile financial services through MVola, a company specialising in mobile payment solutions, the company explains that the newly licensed institution operates as a distinct regulated entity under the supervision of the Central Bank of Comoros.

It will, it says, comply fully with all applicable prudential, governance and regulatory requirements, complementing the existing financial system and reinforcing the country’s financial infrastructure.

This initiative is part of the Comoros Central Bank's drive to promote financial inclusion and modernise the national financial system.

From launch, the institution will introduce core digital credit solutions, including nano and micro-loans, accessible directly via mobile phones. This means that an individual or a farmer in Anjouan will be able to access a nano-loan directly from their mobile phone, without the need to travel to a bank branch.

Additional products will be introduced progressively under a measured development roadmap, ensuring responsible growth aligned with customer needs and regulatory standards.

The licence strengthens Axian’s ability to combine mobile distribution capabilities with regulated financial activities within a single compliant framework. By leveraging the reach of MVola and the Group’s broader digital ecosystem, Axian can extend access to formal financial services beyond the physical footprint of traditional banking and microfinance networks.