Astra Tech, the premier consumer technology holding group in the Middle East and North Africa region, has collaborated with IME Nepal to launch remittance services that ensure speedy and secure financial transfers to Nepal via the Botim Ultra app. Botim, powered by PayBy and licensed by the UAE Central Bank, will provide its consumers with a smooth means to transfer money securely to Nepal by avoiding complicated intermediaries and time-consuming procedures. This agreement provides substantial benefits for Nepalese expats looking for a simple way to transfer money back home.
This strategic collaboration is critical in improving financial inclusiveness, in addition to the benefits and increased efficiency. Botim provides a secure and accessible economic lifeline to persons who might otherwise face impediments to traditional banking services by employing cutting-edge technology. Botim is committed to enabling a greater range of persons, encouraging economic engagement, and creating a more inclusive financial landscape for all with this addition.
"We're excited about our partnership with IME Nepal because it represents our commitment to embracing innovation in the world of finance, bringing us one step closer to making financial services more accessible to everyone," said Marc Michel, Chief Business Officer of Astra Tech. We are leveling the playing field by ensuring that everyone can securely send and receive funds regardless of banking access. Our strategic alliances are focused on empowering individuals, catalyzing economic participation, and paving the way for a more equitable and efficient future in the UAE and abroad. We're working on projects and collaborations through the Botim Ultra app to help make our ambition of making the lives of our millions of users easier a reality, and this relationship is proof of that dedication."