Khalti, a homegrown financial technology startup in Nepal, has won Fintech Innovation Fund from the United Nations. The fund was jointly launched by the United Nations Capital Development Fund (UNCDF) and the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) earlier this year. Along with Khalti, a total of 10 companies from across Asia-Pacific region have won the Innovation Fund as per the press statement released by Khalti.

After being announced as a winner for the Fintech Innovation Fund, Khalti is rolling out a special project within July 2019. The project will support women-led micro, small, and medium-sized enterprises (MSMEs) in 12 different districts across the nation, from Sankhuwasabha in the east to Darchula in the west. Women involved in ‘Weaving to Food Processing’ will be supported as part of this project.

The press statement added that the startup aims to solve gaps between production and sales of goods produced by 3,500 women involved in MSMEs in Nepal.