IME Group
IME Group or International Money Express Group is a Nepalese private company. It was established in 2001 by Chandra Prasad Dhakal and Hem Raj Dhakal as remittance service. The company headquarters are in Kathmandu, Nepal.
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Type | Private Company |
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Industry | Remittance, banking, IT, automobiles, energy, travel |
Founded | 2001 |
Founder | Chandra Prasad Dhakal & Hem Raj Dhakal |
Headquarters | IME Complex, Panipokhari, Kathmandu , |
Area served | Nepal, Malaysia, South Korea, Japan, USA, UAE |
Revenue | US$ 100 million[1] |
Divisions |
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Website | www |
Under IME group, IME Ltd. is the first Money Transfer company in Nepal which started its business from Malaysia to Nepal facilitating money transfer for migrants.[2] IME Ltd. was the highest taxpayer amongst the remittance companies in Nepal for the 2018-19 Fiscal year.[3] Co-founder Chandra Prasad Dhakal was awarded a 'Commercially Important Person' award by Prime Minister KP Sharma Oli of Nepal for being the highest tax paying company.[4] IME Group sold its wholly owned subsidiary in Malaysia, IME (M) Sdn. BHd, Malaysia's largest MTO, in 2015 to Euronet Worldwide (a NASDAQ listed Company) for an undisclosed Sum.[5] Biggest Bank In terms of Capital GlobalIME Bank Ltd. was also founded by Mr. Chandra Prasad Dhakal, who serves as the chairman of the board as of June 2022[6]
IME Group owns the biggest Money Transfer Company in Nepal as well as the biggest Fintech IMEPay in Nepal.[7] IME Group also has a Money Transfer Company in South Korea called Global Money Express Co., Ltd (GME Remittance) as a Joint Venture partnership, where Hem Raj Dhakal sits on the Board of Directors.[8] GME Remittance August 11, 2021 entered into partnership with Ripple which sent XRP's prices increasing according to Subash Chandra Poudel (Director & COO of Global Money Express Co., Ltd).[9]
References
- http://imegroup.org/index.html
- "Top 10 List of Money Transfer Services in Nepal on 2021".
- "Govt felicitates 15 largest income taxpayers including Surya Nepal PVT Ltd".
- "25 entrepreneurs honoured with 'CIP Award'".
- "Ria Acquires Malaysian Money Transfer Provider IME - Euronet Worldwide, Inc".
- "समृद्ध बचत खाता".
- "Financial Services – IME Group".
- https://www.linkedin.com/in/hem-raj-dhakal-b5308a61/
- "XRP Jumps 9% After Ripple Welcomes GME Remittance". 11 August 2021.