Nepal’s Remittance Revolution: Commerce Plex and IME Lead the

KATHMANDU- Commerce Plex Limited, a wholly owned subsidiary of Simpaisa Holdings Company and a licensed Foreign Money Services Business (FMSB) regulated by FINTRAC in Canada, has formed a strategic partnership with IME Limited to transform Nepal’s remittance landscape. This collaboration combines fintech innovation with local expertise to improve the efficiency and transparency of remittance services.

At the signing ceremony held at IME’s corporate office in Kathmandu, key figures, including Mr. Dibakar Paudel, CEO of IME Limited, and Mr. Shahroze A Khan, Head of Business for Commerce Plex Limited, formalized the partnership. Ms. Sanjana Farid, Country Manager (Nepal & Bangladesh), and Mr. Shailendra Joshi, Deputy Country Manager (Nepal) of Commerce Plex, were also present.

Mr. Shahroze commented, “Our partnership with IME Limited marks a significant step in driving financial inclusion and delivering unparalleled service quality, empowering expatriates with reliable channels to send money home.”

Together, Commerce Plex and IME Limited are committed to revolutionizing remittance services in Nepal, strengthening the financial ecosystem for the benefit of countless families and communities.