Samsara Remit

What Samsara Remit does

Samsara Remit Pvt. Ltd. is a Kathmandu-headquartered remittance service provider licensed by Nepal Rastra Bank (the Central Bank of Nepal) since June 2006, operating as a wholly-owned subsidiary of the Arihant Group conglomerate. The company operates a B2B and B2C platform that delivers cross-border remittances into Nepal through five integrated service lines: cash pickup and home delivery, direct bank deposits, digital wallet transfers, bill payments (utilities, mobile recharges, internet, school fees), and global remittance receipt via international partner integrations. Its physical last-mile infrastructure comprises 25,000+ agent locations and 35,000+ merchants covering 100% of Nepal, complemented by digital integrations with 27 domestic wallet companies and all major Nepali banks.

The underlying technology stack consists of an API-connected remittance platform with real-time transaction tracking (claimed 99% reliability), a KYC and compliance lookup API for wallet partners, and a sub-agent management dashboard that enables hierarchical agent onboarding. International inbound flow is sourced through partnerships with MoneyGram, Transfast (Mastercard), WorldRemit, Al Ghurair Exchange, Al Ansari Exchange, and other regional remittance providers, covering source markets across the Gulf, Malaysia, Japan, Europe, North America, and Australia. Product capability was expanded in April 2024 with the launch of an Instant Bank Deposit service in partnership with WorldRemit and a strategic alliance with Rastriya Banijya Bank (RBB).

Samsara Remit generates revenue primarily through transaction fees and foreign exchange spreads on money transfers, with a pay-as-you-go pricing model. Exchange rates are publicly quoted across 22+ currency pairs (INR, USD, EUR, GBP, CHF, AUD, CAD, SGD, JPY, CNY, SAR, QAR, THB, AED, MYR, KRW, SEK, DKK, HKD, KWD, BHD, OMR) with spreads ranging from 0.03 to 1.95 NPR. The customer base is segmented into Nepalese migrants working overseas (primary) and domestic Nepali consumers (secondary), served through the agent network and digital channels. The company is privately held under the Arihant Group umbrella with 51-100 employees and no external institutional or public investment indicated.

Name

Samsara Remit

Legal name

Samsara Remit Pvt. Ltd.

Website

https://samsararemit.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

51–100 employees

Short description

Samsara Remit is a Nepal Rastra Bank-licensed remittance company operating since 2006, delivering cross-border money transfers into Nepal through a 25,000+ agent network, 27 digital wallet integrations, and partnerships with MoneyGram, Transfast, and WorldRemit, serving Nepali migrants abroad and domestic recipients.

Ownership category

akta.pro rank

Product category

Remittance Services

akta.pro primary industry

Consumer P2P International Remittances (FSAGAKAA)

akta.pro secondary industries

Consumer Remittances (P2P) (FSAMAIAA), Multi-Currency Accounts, Wallets & IBAN Services (FSAMAIAG), Cross-Border Collections & Local Receiving (Pay-ins) (FSAMAIAI)

Keywords

• Money transfer services
• Cross-border remittance
• Digital wallet transfers
• Bank deposit services
• Bill payment services

Headquarters

HQ city

Kathmandu

HQ country

Nepal

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Remittance Transaction Fees: Revenue generated from transaction fees charged on money transfers between countries, including foreign exchange spreads on currency conversion
2. Bill Payment Services: Services enabling customers to pay utility bills, mobile recharges, internet services, and school fees in Nepal

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels3 records

Core offering

Samsara Remit provides cross-border remittance and money transfer services to Nepal through five core offerings: Global Remittance (international transfers via MoneyGram, Transfast, WorldRemit), Bank Deposits (direct transfers to any Nepali bank or cooperative), Digital Wallet Transfers (instant transfers to eSewa, IME Pay, Khalti and 27 wallet partners), Cash Pickup and Delivery (25,000+ agent network covering 100% of Nepal), and Bill Payments (utilities, mobile recharges, internet, school fees).

Product overview

Samsara Remit operates as a unified remittance platform providing five integrated core services: Bill Payments (utility bills, mobile recharges, internet, school fees), Bank Deposits (direct transfers to any bank or financial institution), Digital Wallet Transfer (instant transfers to eSewa, IME Pay, Khalti, and other wallets), Global Remittance (international transfers via MoneyGram, Transfast, World Remit partnerships), and Cash Pickup and Delivery (25,000+ agent network covering 100% of Nepal). The platform is built on a B2B model with sub-agent capabilities, serving Nepalese migrants globally through a single API-connected infrastructure.

Differentiator

Problem solved

Functional benefit

Products and services

• Bill Payments Comprehensive bill payment solution allowing Nepalese customers and those living abroad to pay utility bills, mobile recharges, internet services, and school fees through a single platform.
• Bank Deposits Direct bank deposit service enabling seamless transfers to any bank, financial institution, or cooperative account in Nepal including Nepal SBI Bank, Himalayan Bank, Nepal Investment Bank, Nabil Bank, and Standard Chartered Bank Nepal.
• Digital Wallet Transfer Digital wallet transfer service integrating with all major digital wallet providers in Nepal including eSewa, IME Pay, Khalti, and others, enabling instant digital transfers to recipients' mobile devices with support for 2.01 million wallet users.
• Global Remittance Comprehensive global remittance service enabling money transfers from any corner of the world to Nepal through partnerships with international financial institutions and remittance agencies including MoneyGram, Transfast, and WorldRemit.
• Cash Pickup and Delivery Cash pickup and delivery service with a network of over 25,000 agent locations covering 100% of Nepal, including home delivery services in select areas for elderly recipients or those with mobility challenges.

Quantifiable outcome

• 99% real-time tracking system reliability
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eight partnerships are on record, tiered core.

• Rastriya Banijya Bank (RBB)coreStrategic or Co-development Partner · 26 April 2024Strategic alliance with Rastriya Banijya Bank (RBB), one of the largest commercial banks in Nepal. This enables Samsara Remit customers to receive remittance payments through any RBB branch across Nepal. Partnership includes MoneyGram, Transfast, and WorldRemit services.
• MoneyGram Payment System InccoreTechnology or IntegrationPartnership with MoneyGram for receiving international remittances in Nepal. MoneyGram is one of the world's largest money transfer companies.
• Mastercard (Transfast)coreTechnology or IntegrationPartnership with Transfast under Mastercard for international remittance services to Nepal.
• WorldRemitcoreTechnology or IntegrationWorldRemit and Samsara Remit launched Instant Bank Deposit service in Nepal, enabling customers from across the globe to send funds into beneficiaries' bank accounts in real-time.
• Namaste PaycoreTechnology or IntegrationWallet partner for digital wallet transfers in Nepal. Namaste Pay has over 6 million active users.
• MorucoreTechnology or IntegrationDigital wallet partner integrated for instant transfers to Moru wallets in Nepal.
• KhalticoreTechnology or IntegrationDigital wallet partner for instant transfers to Khalti wallets in Nepal.
• eSewacoreTechnology or IntegrationDigital wallet partner for instant transfers to eSewa wallets in Nepal.

Scale indicators9 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• MoneyGram International: Global MTO and a core partner of Samsara that also competes by offering direct bank and wallet payouts in Nepal; comparable on cross-border money transfer and serves the same Nepalese migrant segment from the send side.
• WorldRemit: Digital-first global remittance company and a named Samsara partner; offers direct app-based transfers to Nepali bank accounts and wallets, competing most directly on the inbound digital channel.
• Remitly: Digital-first remittance company serving the US-to-Nepal and GCC-to-Nepal corridors with direct-to-bank and wallet payouts; comparable end customer and product, but bypasses local agent distribution.
• Western Union: World's largest MTO with broad agent coverage in Nepal; competes with Samsara's inbound remittance service while also being a potential partner; comparable end customer and product category.
• Wise (formerly TransferWise): Global cross-border payments platform serving Nepal-bound transfers from many source countries; competes on price transparency and digital UX rather than cash-pickup distribution.

Direct peers

• Nepal Remit (Nepal Investment Bank): Bank-led remittance product distributing inbound flows to Nepal through partner MTOs and bank branches; comparable in target customer and product set, with the structural difference of a banking-license parent.
• IME Money Transfer (IME Group): Largest direct domestic competitor in the Nepal remittance market, operating an extensive agent and wallet (IME Pay) network for inbound cross-border transfers; most directly comparable to Samsara on corridor, customer base, and product mix.
• Sewa Remit: Nepal-focused remittance company providing cash pickup, bank deposit, and wallet payouts via a network of agents; directly comparable business model and target corridor.
• Prabhu Money Transfer: Another major Nepal-based inbound remittance specialist with a nationwide agent footprint and partnerships with global MTOs; competes head-to-head with Samsara for send-side partnerships and last-mile cash pickup.

Emerging players

• eSewa (F1Soft International): Nepal's largest mobile wallet and a Samsara wallet partner; could evolve into a direct remittance competitor by onboarding send-side MTOs natively, threatening the wallet-aggregator role Samsara currently plays.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/samsaraSMT
• Facebookfacebook.com/SamsaraMoney

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Samsara Remit