Making Millions of Dollars from Nepal & Cross-Border Payments: Bal Krishna Joshi | Riya Shrestha

Описание: Building wealth in Nepal means fighting systems that were never designed to let you win.

In this episode of Rato Rupaiya: The Podcast, we sit down with Bal Krishna Joshi , a fintech entrepreneur who has spent over 25 years challenging how money moves across borders.

From co-founding Thamel.com, Nepal’s first e-commerce platform, to building ThamelRemit, Machnet, and now Xuno, Bal has been questioning the status quo long before “fintech” became a buzzword.

We talk about how he made his first multi-millions at 26, but more importantly , what it actually cost him.

This conversation goes deep into:
✓ Challenging the status quo in finance and payments
✓ Why cross-border payments are still broken
✓ The hidden cost entrepreneurs pay beyond money
✓ Work–life balance when the mission never switches off
✓ Building long-term systems vs chasing quick wins
✓ Why doing the right thing often takes longer and costs more
✓ No hustle clichés. No motivational fluff.
✓ Just business, people, and money as they really are.

This episode is about money, systems, and the personal price of going against them told by someone who chose the hard road early.

Powered by The Chiya Spot:
This episode has been powered by The Chiya Spot.
The Chiya Spot , a one-of-a-kind chiya café redefining tea culture with a stunning Middle Eastern ambience. With four locations across Kumaripati, Bouddha, Golfutar, and Putalisadak, The Chiya Spot offers more than just chiya — it offers an experience. From cozy vibes to flavorful cups, it’s the perfect place to unwind, connect, and enjoy something truly unique.
Check their social media out:   / thechiyaaspot  

Welcome to 'Rato Rupaiya: The Podcast,' your ultimate destination for captivating conversations centered around the dynamic realms of business, people, and money. Join us on a journey where we delve into the diverse stories, experiences, and insights of individuals shaping industries. From compelling narratives to personal journeys of success and resilience, each episode is a tapestry of inspiration and information.

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Host: Riya Shrestha
Riya Shrestha is an educational content creator and marketing consultant with over six years of experience in content marketing and digital strategy. Across platforms such as TikTok, through pages including Rato Rupaiya, Learn with Riya, and All About Business, she has created 800+ short-form educational videos that have collectively garnered 110M+ views, simplifying complex business and marketing concepts for a wide audience.

Beyond content creation, Riya works as a Marketing Consultant and Personal Branding Coach, helping businesses, entrepreneurs, and professionals strengthen their digital presence through value-driven content and strategic communication. She also regularly delivers workshops, training sessions, and guest lectures focused on marketing, communication, and personal branding.

Through this podcast, she brings thoughtful conversations, real-world insights, and practical learning from leaders, founders, and professionals shaping Nepal’s business landscape.

Instagram:   / riyasthaa  
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00:00 – Highlights
01:32 – Introduction
03:47 – First Meeting with BK Joshi
05:13 – Childhood & Early Influences
08:10 – Entrepreneurial Journey Begins
11:15 – Birth of Thamel.com
21:55 – Challenges While Building Thamel.com
24:30 – Sponsor Message
24:55 – Finance, Psychology & Human Behavior
29:00 – Borderless Market Opportunity
30:20 – Gen-Z Mindsets & New Work Culture
35:22 – Sacrifice, Pressure & Balance
42:40 – Global Exposure & Foreign Systems
49:00 – Entering Zuno
56:10 – Innovation Gap in Nepal
59:10 – Fear, Responsibility & Scale
01:02:00 – Working Abroad Experience
01:08:50 – Remittance Barriers in Nepal
01:13:20 – What Zuno Does for Users
01:16:10 – Neo-Bank Approval & Authority
01:23:10 – Ego, Rage & Disruption
01:32:30 – Proud Moments & Milestones
01:34:50 – Nepal’s Future Vision
01:38:15 – Impact on Fintech Startups
01:41:00 – Hiring Philosophy & Team Fit
01:52:35 – Wealth Creation & Impact
01:59:00 – Rapid Fire
02:07:10 – Luck & Long-Term Vision
02:17:30 – Outro