30/10/2026
Rapid × Swastik: bringing banking directly into Nepal's trusted accounting software 🤝
We're pleased to share that Rapid has signed an MoU with HiTech Solutions & Services Pvt. Ltd, the team behind Swastik, one of Nepal's most widely used accounting software brands.
For more than two decades, Swastik has helped Nepali businesses manage their accounts, inventory, billing, and VAT. Through this partnership, Swastik will connect with Rapid's bank-led API banking infrastructure, bringing banking data straight into the software accountants already use every day.
What this means for Swastik users:
🔹 Real-time bank balances in one place. Businesses can see actual and available balances across their bank accounts without logging in to multiple bank portals.
🔹 Reconciliation-ready statements. Transactions come in with cheque numbers, sender details, and references, so they can be matched against ledgers faster and with fewer manual errors.
🔹 Faster month-end and cleaner books. Less downloading, copying, and cross-checking means more time for actual financial decisions.
🔹 Secure and bank-led. Data flows through the bank's own API channel, with the business's consent.
Partnering with platforms like Swastik takes this infrastructure to the businesses that need it most.
Our thanks to the Swastik team for their trust and shared vision. We're excited to build what comes next together.
