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eSewa

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Nepal

Founded in

2009 (16 Years)

Founded

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Traffic & Engagement

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Security Information

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    What are the differences in regulations for each

    License

    A Grade License

    Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

    B Grade License

    Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

    C Grade License

    Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

    D Grade License

    From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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    Company Information

    Get to know eSewa

    Established in 2009, eSewa is a household name today. South Asia’s first digital wallet, licensed Payment Service Provider from Nepal Rastra Bank (Central Bank of Nepal), and an ISO 27001:2013 certified, eSewa is a subsidiary company of F1Soft International, a leading FinTech company of Nepal. Team eSewa has been working tirelessly to achieve its vision to create a cashless economy. For this, the company has onboarded more than 150k merchants, 50+ Banks and Financial Institutions (BFIs) and established a wider network of agents nationwide. Customers of eSewa can make various bill payments easily from eSewa’s mobile app or website login. Now, recharging mobile, paying utility bills (NEA, Khanepani, Landline, etc.), internet bills, TV bills, school fees, and many more are all on your fingertip. Being able to make the payment to government offices as Inland Revenue Department, Traffic Fine Payment, payment to Department of Foreign Employment, and more act as a cherry on top for our customers. eSewa received GSMA innovation fund, UK Department for International Development (DFID), in 2017. The company facilitates financial access through 130K agent networks and serves over 5 million people across Nepal. The agent led model adopted by eSewa has not only given employment opportunities to hundreds of people but also supported many retail and wholesale businesses and emerging entrepreneurs in Nepal. With introducing a brand anthem to sponsoring popular national reality shows, eSewa has been successful in being a household brand name, a pioneer in the digital payment domain and F1Soft’s most prominent brand.

    Industry

    • Financial Other ServicePRIMARY
    • Financial PSP Gateway

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