Thursday
July 2
2020

How Fintech Khalti Is Empowering Women in Nepal

By Joe Devanesan

Khalti means “pocket” in Nepali, and it also refers to the popular e-wallet, mobile payment gateway, and digital service provider in the former kingdom of Nepal.

Since the fintech platform launched in 2017 with just four partners who were funding it using their own money, the app has grown to become one of the most popular digital platforms in the country. Khalti has had more than 1 million downloads from the Google Play Store as Nepalis use the app to top up their mobile balance, pay internet and cable TV bills, make bank deposits and send funds to family and friends.

Photo courtesy of Simone McCourtie.

Source: Techwire Asia (link opens in a new window)

Categories
Technology
Tags
business development, digital wallets, emerging markets, fintech, mobile money, SMEs, Women