Laxmi Bank Launches LxB Connect API Developer Platform in Nepal

LxB Connect Platform
Share It On:

28th April 2021,  Kathmandu

Laxmi Bank has launched LxB Connect – an API Developer Platform in Nepal. The bank Is using API Banking as a party to its strategy to increase the use of digital technology

For this, this bank has released an invitation to fintech, startups, developers to be Partners.

Fintech, startups, and developers will be able to offer a range of digital services.  To the bank’s shared customers in their respective areas as a result of this collaboration.

Under the LxB Connect Sandbox framework, interested partners will be able to incorporate. And use the bank’s API-related functions in terms of banking services and systems.

Laxmi Bank will have API access in three different categories:

Account Management:

It entails the creation of a customer portfolio, as well as the opening and management of accounts.

Financial:

Beneficiary Management, Money Transfer, Bill Payment, Recurring Payment, Remittance Payment, Salary Payment, Settlement, and Other Financial Services.

Non-financial:

Exchange rate, branch and ATM details, authentication, reconciliation, and statement, among other things.

About Bank

Laxmi Bank was established in 2002, has 129 branches, 5 hospital counters, 158 ATMs with over 2500 remittances, 61 branches with banking, and over 400 mobile agents.

Bank provides a complete range of products, services, and technology-driven digital offerings, catering to Individuals, MSMEs as well as corporate clients.


Share It On:

Recent Posts

Kumari Bank Promoter Share Sale: Eligibility, Application Process, and Price

Kumari Bank Promoter Share Sale: Eligibility, Application Process, and Price

Share It On:21st November, Kathmandu Kumari Bank Limited has officially declared its intention to sell a substantial number of promoter

Up to NPR 150 Cashback on Nepal Telecom and Ncell Services with Namaste Pay

Up to NPR 150 Cashback on Nepal Telecom and Ncell

Share It On:21st November, Kathmandu Namaste Pay has unveiled an exciting new campaign to reward its users with cashback on

Ncell introduces innovative feature, enabling customers to convert voice to data or data to voice services

Ncell introduces innovative feature, enabling customers to convert voice to

Share It On:21st November, Kathmandu Ncell customers can enjoy an innovative feature that allows them to convert or exchange remaining

Genese Solution’s G-TEC: Empowering Women in Tech and Creating a Diverse Tech Workforce in Nepal

Genese Solution’s G-TEC: Empowering Women in Tech and Creating a

Share It On:21st November 2024, Kathmandu Genese Solution – a value IT consulting company, and Kageshwori Manohara municipality, have joined

Shikhar Insurance: Celebrating 20 Years of Service and Commitment to Nepali Customers

Shikhar Insurance: Celebrating 20 Years of Service and Commitment to

Share It On:21st November 2024, Kathmandu Shikhar Insurance had a grand celebration for their 20th Anniversary. On the occasion of

India’s Generative AI Startups: A Comprehensive Look at 2024’s Key Trends and Investments

India’s Generative AI Startups: A Comprehensive Look at 2024’s Key

Share It On:21st November 2024, Kathmandu As 2024 draws to a close, India’s generative AI ecosystem stands out as a