Nepal’s digital economy
Probe into Nepali Payment Firms
In a move to crackdown on illicit financial activities, the Nepal Rastra Bank (NRB), the country’s central bank and regulatory authority, has launched an investigation into two prominent Nepali payment service providers – Prabhu Money Transfer and Sajilo Pay Payment Services. The investigation stems from suspicions of their alleged involvement in unlawful businesses such as […]
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Pathao Expands Reach Across Nepal as Regulatory Clarity Delays Competitors
Pathao, a leading app-based transportation and food delivery company, continues its robust expansion across Nepal, marking a significant shift in the country’s transportation landscape. However, regulatory uncertainties pose challenges for competitors, stalling their expansion outside Kathmandu Valley. Since its inception in 2015, Pathao has rapidly grown, extending its services to 18 cities nationwide, including Chitwan, […]
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