Kathmandu, November 11: LemFi, a global payment service provider, has received approval from Nepal Rastra Bank, the Central Bank of Nepal, to partner with Esewa, Nepal’s top digital payment platform, to enhance remittance services into Nepal. This collaboration will offer low-cost, secure, and efficient money transfer options for Nepalese residents in North America, Europe (including the UK), and other regions.
“We are honoured that our partnership, to better serve the Nepalese diaspora has received this approval” says Muhammad Daiyaan Alam, LemFi’s Head of South Asia Expansion & Growth “Nepal represents one of the most important remittance corridors in South Asia, and we welcome every opportunity to demonstrate our commitment to providing accessible and fair financial services for our customers as well as their beneficiaries”.strategic alliances, and a customer-first approach.
The partnership ensures compliance with Nepal’s financial regulations, offering peace of mind to users. Customers can also continue sending money to Nepal at competitive exchange rates with no hidden fees. Additionally, LemFi’s international network spans North America, Europe, and beyond, providing easy access for the Nepalese diaspora.
LemFi, with a customer base exceeding 2 million across the United States, the United Kingdom, Europe, and Canada, said it keep showcasing how advanced technology, strategic partnerships like this one, and key acquisitions enable the delivery of secure, dependable, and innovative financial services that are both fair and accessible to immigrants around the globe.