Fintech l Global Speaker l Green Finance| Financial Inclusion l L&D l Digital Public Infrastructure l
Fintech in Nepal: Context Pathao in Bangladesh raising funds to venture in to fintech. Grab The company with its ride sharing DNA has evolved into a fintech - pre covid times. *I see more app based platforms are transforming into network based diversified aggregator - evolving towards super app with embedded finance architecture. *And soon perhaps by 2030 we would see new waves of changes particularly where financial services to last mile is rolled out not by traditional channels but through embedded finance architecture. *And lets not forget just recently local fintech giant F1Soft International Pvt. Ltd. has also ventured into ride sharing. I won't be surprised if Foodmandu or similar other aggregators start the embedded journey. *To start with, ecomm such as Daraz actually could collaborate with payment aggregators and underwriters to start offering financial products, one, to consumers such as BNPL types and next to its supplier eco systems - digital loan and more. Exciting times ahead for #FintechNepal
I see great future of Imbedded Fintech in Nepal but the problem starts with Licensing, if someone is willing to adhere with all the rules and regulations, let them get the license.
Ratish Luitel
6mo
Our policy makers have a mindset of "License Raj" of pre-1991 liberalized India. Gazillions of restrictions and negative list would not let smooth sailing. Regulation should always follow innovation but in our case it is nowhere keeping up the pace of innovation.
disruptive innovations redefine industries. super apps merge ecosystems, blending boundaries innovatively.