January 24, 2024 – Laxmi Sunrise proudly announces the launch of OrangeNXT, an
innovative digital-only banking service designed for the modern digital native. Developed
in strategic partnership with FoneNXT, a F1Soft company and a leading Nepali FinTech,
OrangeNXT represents a pivotal step in transforming Nepal's digital banking landscape.

OrangeNXT offers a seamless and fully digital banking experience through its mobile
banking app. From account opening to advanced fund management options like Fixed
Deposits and Goal-Based Savings, OrangeNXT redefines convenience in payments and fund
transfers. This initiative aligns with Laxmi Sunrise's commitment to meeting the evolving
needs of customers, providing a personalized and lifestyle-oriented banking experience.

Ajaya B Shah, Chief Executive Officer at Laxmi Sunrise, states, "At its core, OrangeNXT
signifies the next transformation in Nepal's digital banking landscape. While we continue to
enhance our traditional mobile banking services, OrangeNXT targets the underbanked,
particularly the digital native segment, including the youth and non-resident customers
seeking efficient banking solutions in Nepal."

Expressing excitement on the launch Sanat K. Paudel, Chief Executive Officer at FoneNXT
claims, “OrangeNXT has been developed with a fundamental commitment to quick and
efficient banking. The goal was to seamlessly integrate the banking process into the digital
realm. We believe that the product, born from imaginative thinking, is poised to revolutionize
the banking experience, transforming it into a journey that transcends expectations for our
customers.”