23rd August 2023, Kathmandu
Enjaz for Nepalese Remittances to facilitate remittance services for Nepalese migrants and their families
Esewa Money Transfer, the fastest growing digital-first remittance company under F1Soft Group, which has been providing remittance services to Nepal from more than 200 countries across the world has entered into an agreement with Enjaz Payment Services Company, which is one of the leading financial companies in Saudi Arabia
With this agreement, Nepalese living and working in Saudi Arabia can send remittances to Nepal through any of the 150 Enjaz Payment branches or using Enjaz App POS, Kiosks, and web channels. Meanwhile, the beneficiaries in Nepal can receive remittances from more than 13,800+ dedicated remit agents, 100,000+ cash pick-up enabled wallet agent locations of Esewa Money Transfer, and all major banks and financial institutions along with their branches. Furthermore, this agreement gives Enjaz access to 7.5 million+ users of the eSewa wallet for direct remittance load to the wallet.
Enjaz for Nepalese Remittances
Amid the signing ceremony, the CEO of Enjaz, Mr. Khalid Al Zain stated, “We understand that Esewa Money Transfer is not just a standalone remittance company but a part of F1Soft Group that has institutionalized the digital payments ecosystem in Nepal through various groundbreaking fintech initiatives. Being a Payment company having a deep-rooted belief in innovation and service excellence, we look forward to working closely with Esewa Money Transfer to provide transformative remittance services to the Nepali migrant population in Saudi Arabia and their families back home in Nepal.”
Speaking on the occasion, F1Soft Group’s Global Group President Mr. Biswas Dhakal stated “We are extremely delighted to be aside with such a prestigious institution like Enjaz and see tremendous growth opportunities in our mission to support a significant number of Nepalese working in Saudi Arabia by leveraging on Enjaz’s extensive network on physical as well as digital channels.”
Director of Group Strategy, Mr. Daniel D Shrestha, and CEO of Esewa Money Transfer, Mr. Ajesh Koirala, were present during the special signing ceremony organized at Enjaz’s head office in Riyadh involving senior officials of both organizations.
About Enjaz Payment Services Company:
Enjaz Payment Services Company is a leading Fintech company licensed by Saudi Central Bank to cater financial services via the most advanced Fintech methodology in the market. With a brilliant idea we built our brand and with superb service we built our reputation. The customer-centric ethos combined with a quality-driven systematic approach and constant innovation in products and processes, sets Enjaz apart from its peers. Moreover, Enjaz offers a full suite of diversified and innovative financial solutions in the Area of Payments via our digital & physical channels. We are one of few players in the GCC to develop its proprietary best-in-class money remittance platform “Enjaz Easy” Through our partnerships with leading international financial institutions and global money transfer operators (MTOs), our services enable customers to send money to over 200 countries
About Esewa Money Transfer:
Esewa Money Transfer is Nepal’s fastest-growing cross-border remittance service provider and a subsidiary of F1Soft Group, Nepal’s largest fintech conglomerate with a global footprint. The extensive payment network of Esewa Money Transfer along with direct access to 7.5 million+ eSewa mobile wallet users will provide an unparalleled reach for remitters and beneficiaries alike; where sending and receiving money is as easy as giving a few taps on a mobile phone.
The service offerings comprise more than 13,800 dedicated remit agents, 100,000+ cash pick-up enabled wallet agent locations of Esewa Money Transfer, major banks, financial institutions, and their branches.
Incorporated in the year 2019 and licensed by Nepal Rastra Bank under foreign exchange regulation, Esewa Money Transfer is a part of F1Soft Group that has been empowering more than 20 million+ population and 1.2 million+ entities across the country through innovative fintech-based payment services.
