The exhibition will feature 60 to 65 stalls. Data center providers, KYC/ML service providers, QR service providers, data analytics, AI service providers, payment service operators, and various hardware providers such as POS, ATM, and kiosk devices will participate.
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Kathmandu (Kash) – A financial technology exhibition is being held for the first time in Nepal to discuss and provide a glimpse into the rapid digital transformation taking place in the financial sector or the modern technologies being added to the way banking services are provided and received.
Fintech Alliance Nepal will organize an exhibition at Heritage Garden in Sanepa on 18 and 19 Pus, showcasing the latest financial technology-related products and services, said Alliance President Amit Agrawal.
The exhibition will have 60 to 65 stalls. Data center providers, KYC/ML service providers, QR service providers, data analytics, AI service providers, payment service operators, and various hardware providers such as POS, ATM, and kiosk devices will participate.
‘The expo will highlight the need for us to conduct research and development (R&D) on topics such as how future customers like Gen-G, Gen Alpha will transact based on voice commands,’ said Agrawal, who is also the co-founder and director of IME Khalti. ‘It is high time that our financial institutions conduct R&D on how to use AI in the financial sector, how technology can work in fraud detection, dispute or risk management, or how to provide a seamless user experience. If we do not invest in this, we will fall behind.’
The exhibition will bring together all stakeholders of the digital economy, including banks and financial institutions, payment service providers, insurance companies, capital markets, IT and software companies, fintech and tech startups, government institutions, investors (venture capital firms), donor agencies, and other regulatory ‘supporters’ such as Nepal Rastra Bank, Nepal Securities Board, Nepal Telecommunication Authority and ICANN, said Devendra Khadka, vice-chairman of the alliance.
Organizers expect over 4,000 participants. Up to 10 ‘startup tables’ will be set aside to encourage startups at the expo. The organizers have also announced that free tables have been arranged for various tech communities including AI, open source, Python, Java and others on a ‘first come, first serve’ basis.
Munni Rajbhandari, Learning and Development Chair of the Fintech Alliance, who is also the Chief Operating Officer of Nepal Clearing House Limited, expressed hope that the inaugural exhibition will add new enthusiasm to Nepal’s digital financial sector. ‘The main objective of organizing this expo is to encourage innovation as well as strengthen policy dialogue and collaboration between the financial sector,’ she said, ‘so that users and businesses can benefit from technology-based financial services.’
According to the alliance, the need for the exhibition was felt to ensure that Nepal does not fall behind in the rapid digital transformation of the financial sector taking place around the world. The alliance has mentioned that the B-to-B (business-to-business) style expo aims to bring Nepal's digital financial ecosystem together. The entry fee has been set at Rs 100 and Rs 50 for students.
