Nepal’s First-Ever Digital Wallet Merger: IME Pay and Khalti Join Forces to Form IME Khalti Limited
19th June 2025, Kathmandu
In a landmark development that promises to reshape the nation’s financial technology landscape, the Nepal Rastra Bank (NRB) has granted final approval for the merger of two prominent digital wallets, IME Pay and Khalti.
Nepal’s First-Ever Digital Wallet Merger
This historic consolidation marks Nepal’s first-ever large-scale digital wallet merger, leading to the formation of IME Khalti Limited.
The unified entity will operate under the familiar Khalti brand, which will serve as the sole digital wallet app for users moving forward. This strategic move is expected to streamline digital financial services and accelerate Nepal’s journey towards a cashless economy.
“This merger signifies more than just the consolidation of two leading wallets,” stated an official close to the development. “It’s a strategic move toward building a robust digital finance infrastructure that encourages innovation and collaboration among fintech firms.”
Key Highlights for Users:
The transition is designed to be seamless for the millions of users across both platforms. During the joint operation phase, both the IME Pay and Khalti apps will continue to function, ensuring no disruption to daily transactions.
Seamless Integration: Existing users’ wallet balances, Khalti Points, and IME Pay Rewards will be automatically and securely integrated into the new system.
Profile Merge: Customers holding accounts on both platforms will have the convenience of merging their profiles with a single tap.
Migration for IME Pay Users: Users exclusively on the IME Pay platform will be seamlessly migrated to the Khalti platform, which will become the central hub for services.
Enhanced Features for New Users: New users downloading the Khalti app will benefit from an expanded suite of streamlined services and an improved user experience.
Future Services: IME Khalti Limited is set to introduce a range of new services, including global remittances directly to the wallet, bank account opening, Visa Card access, and various loan options.
Security and Trust: The merged entity assures users that all balances, data, and loyalty points are fully protected and will remain accessible throughout and beyond the transition.
Over the next three months, the newly formed joint team will prioritize smooth user migration, robust customer support, and significant platform performance enhancements to ensure a seamless experience.
Implications for Nepal’s Fintech Industry:
This unprecedented merger is seen as a pivotal moment for Nepal’s fintech sector. It is expected to:
Encourage greater innovation and collaboration within the industry.
Open new avenues for cross-platform services and third-party integrations.
Reinforce public trust in regulated digital finance under the NRB’s supervision.
Pave the way for highly secure, scalable digital solutions crucial for a cashless future.
As IME Khalti Limited embarks on its journey, stakeholders across banking, remittance, e-commerce, and the broader digital payments spectrum are closely watching its progress.
This landmark fintech merger is poised to fundamentally transform how Nepalese individuals and businesses interact with financial services, marking the beginning of an exciting new chapter in Nepal’s digital wallet evolution.
For more: Nepal’s First-Ever Digital Wallet Merger
