IME Pay and Khalti Merge to Launch Unified Platform ‘Khalti by IME’
Kathmandu – In a significant development for Nepal’s digital finance ecosystem, IME Pay and Khalti, two of the country’s leading digital wallets, have officially merged. The integrated platform was launched under the new brand name ‘Khalti by IME’ at a formal ceremony held in Kathmandu.
The Nepal Rastra Bank’s Deputy Governor, Bam Bahadur Mishra, formally handed over the unified license to the newly merged entity during the event. With the completion of this strategic merger, a new company named IME Khalti Limited has been established, boasting a paid-up capital of over NPR 540 million.
The merger brings together a combined user base of 12.7 million customers, making Khalti by IME the largest digital wallet service in Nepal in terms of both users and capital. According to company representatives, the integration of services under a single app will streamline transactions and improve access to digital financial tools for users across the country.
Speaking at the launch, Manoj Kumar Agrawal, Chairperson of Khalti, described the merger as a “historic milestone” in the long-term growth of Nepal’s digital financial sector. He emphasized that the unified company is committed to expanding financial inclusion and bringing modern financial services to every corner of the country.
Binay Khadka, CEO of IME Khalti Limited, highlighted the company’s roadmap to further enhance digital accessibility, financial literacy, and inclusive financial services. He noted that the merger sets the foundation for introducing new, innovative solutions tailored to the evolving needs of the Nepali public.
The launch of Khalti by IME marks a transformative moment in the country’s digital economy, and industry experts believe it could pave the way for more consolidation and innovation in Nepal’s fintech landscape.
