July 11, 2024
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3min
PayMedia, a leading FinTech company in Sri Lanka, has once again demonstrated its prowess in digital innovation by winning two prestigious awards at the SLASSCOM Ingenuity Awards 2024. The company secured accolades in the highly competitive category of Best Innovation Product/Project in FinTech and Banking, cementing its reputation as a frontrunner in the industry. PayMedia’s […]

June 20, 2024
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4min
~Bahwan CyberTek (BCT) and Temenos forged an exclusive agreement in 2022 to expand market reach in India, Sri Lanka, Nepal and Bhutan, and help financial institutions in these regions realize their transformation goals~ Bahwan CyberTek (BCT), a global digital transformation company and a pioneering provider of FinTech, RegTech, and SustainTech solutions, proudly announced the availability […]

June 12, 2024
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4min
– Barclays Bank injects further capital into WealthOS, with leading FinTech investor Main Set, part of Capricorn Capital Partners UK, joining the round. Colombo, Sri Lanka (12th June 2024) – WealthOS, a UK-based cloud-native wealth management platform founded by two Sri Lankan entrepreneurs and with product and engineering operations in Sri Lanka, recently secured £4 […]

June 6, 2024
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4min
Sri Lanka, 7th, June 2024; PickMe, Sri Lanka’s premier ride-hailing platform, has collaborated with PhonePe, India’s leading fintech company, to enable seamless UPI-based QR payments for Indian travellers in Sri Lanka. The partnership signifies a major step forward in enhancing their travel experience through the convenience of cashless transactions on PickMe rides, right from the […]

November 28, 2023
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3min
      Commercial Bank Ltd, the largest private bank in Sri Lanka, today announced that it has moved to Google Workspace joining hands with Finetech Consultancy from September 2023. Google Workspace is a suite of cloud-based productivity and collaboration tools that will help Commercial Bank Ltd. improve its efficiency and productivity. “We are excited […]

July 19, 2022
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3min
        Sandy Baker brings a wealth of experience in financial services, fintech, biotech and impact investing in emerging markets. Stanchion Payment Solutions, a leading provider of global payment application solutions and services, is pleased to announce the appointment of Sandy Baker as an independent non-executive director of the company. Sandy brings significant […]

June 15, 2022
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3min
        Axiata Digital Labs (ADL), a subsidiary of the Axiata Group Berhad, and Huawei Technologies (Malaysia) (Huawei Malaysia) have ventured into a partnership on the development of digital transformation solutions in financial technology (FinTech), powered by Huawei Cloud. The collaboration will see both ADL and Huawei Malaysia join forces to explore, develop […]

May 27, 2022
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5min
        Grey, a Y-combinator backed fintech startup, offers a unique international money transfer service that enables its users to send and receive international payments without restrictions quickly NAIROBI, Kenya, May 26, 2022/APO Group/ —Grey (https://bit.ly/grey-reg-pc) has announced the launch of its service to East Africa starting with Kenya in partnership with Cellulant […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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