Commerce Plex Limited Partners with IME Limited to Revolutionize Nepal's Remittance Services

Wed, Sep 4, 2024 6:09 AM on Latest, Corporate,

Commerce Plex Limited, a subsidiary of Simpaisa Holdings, has partnered with IME Limited to enhance Nepal's remittance services. Regulated by FINTRAC in Canada, Commerce Plex aims to combine fintech innovation with IME's local expertise to improve the efficiency and transparency of money transfers.

The partnership was formalized at a ceremony in Kathmandu, with key representatives from both companies present. Shahroze A Khan, Head of Business for Commerce Plex, highlighted the partnership's role in advancing financial inclusion and providing reliable remittance channels for expatriates. The collaboration is set to revolutionize remittance services in Nepal, benefiting many families and communities.