LemFi Esewa Remittance Partnership Approved by Nepal Central Bank to Boost Money Transfer

LemFi, through RightCard Payment Services Limited, has secured approval from Nepal Rastra Bank, the Central Bank of Nepal, to partner with Esewa, Nepal’s leading digital payment platform. This move allows LemFi to expand its remittance services into Nepal, offering a reliable and compliant channel for money transfers from North America and Europe.

The partnership is designed to provide customers with secure, low-cost, and efficient international payment services. Residents in the United States, the United Kingdom, and Europe can now send funds to Nepal with confidence, leveraging Esewa’s established digital payment network to ensure fast and trustworthy transactions.

With over 2 million users globally, LemFi continues to demonstrate how technology and strategic partnerships can make financial services more accessible. This collaboration with Esewa highlights the company’s commitment to supporting the Nepalese diaspora while maintaining strict compliance with local regulatory standards.

Remittances are a crucial lifeline for Nepal’s economy, and partnerships like this reinforce financial stability and trust. Muhammad Daiyaan Alam, LemFi’s Head of South Asia Expansion & Growth, emphasized that Nepal represents a key remittance corridor in South Asia, and this approval allows LemFi to better serve both customers and their beneficiaries.

LemFi plans to continue leveraging technology, partnerships, and strategic acquisitions to expand its global reach. Customers can expect competitive exchange rates, reliable services, and continued access to innovative financial solutions.

source: nairametrics