fintech Archives - Lanka Business News

March 20, 2025

PayMedia, a leading fintech solutions provider, has played a pivotal role in the development of the upgraded DhiraaguPay platform, launched by Dhiraagu Fintech. This innovative payment solution introduces cutting-edge features designed to enhance the digital payment experience for individuals and businesses across the Maldives. The upgraded DhiraaguPay platform now offers a more seamless, secure, and […]

December 23, 2024

PayMedia, a leader in fintech innovation, has achieved a significant milestone by winning 1st Runner-Up in the Asia Pacific ICT Alliance (APICTA) Awards 2024 Hosted in Brunei Darussalam under the category of Community and Indigenous Services. The recognition was earned for their groundbreaking product, LankaRemit, a platform that has revolutionized digital remittance services in Sri […]

November 11, 2024

The First South African-Based Fintech Company to Achieve PCI SSF SSS Compliance Certification In today’s dynamic digital economy, trust and security are non-negotiable—especially in payment solutions. Traderoot Technologies proudly stands at the forefront, having become the first South African-based fintech software company to achieve the prestigious PCI Software Security Framework (SSF) Compliance Certification. This groundbreaking […]

July 11, 2024

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

~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

– 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

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

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 […]

August 18, 2022

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Priority to improve user experience with Viber’s own digital wallet and other features enhancement 17th August 2022: New Rakuten Viber Chief Executive Officer Ofir Eyal is bringing the popular communications app to the fintech category as it’s determined to offer users more than its core messaging and calling features, a critical move […]

July 20, 2022

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Colombo, July 19, 2022 –FriMi, the first fully-fledged digital bank in Sri Lanka powered by Nations Trust Bank PLC, recently marked 5 years of revolutionizing the Fintech industry in Sri Lanka. The mobile wallet and payments platform – wrapped up in one lifestyle app and packed with a multitude of innovative […]

PayMedia powers the next evolution of digital payments with DhiraaguPay, Maldives

PayMedia wins 1st Runner-Up at APICTA Awards for community and indigenous services with LankaRemit

Traderoot Technologies Secures Its Legacy as Africa’s Trusted Fintech Guardian- PCI SSF SSS

PayMedia triumphs at SLASSCOM Ingenuity Awards 2024 with double honors in the category of Best Innovation Product/Project in FinTech and Banking

Bahwan CyberTek’s rt360 is Now Available on Temenos Exchange

WealthOS successfully raises £4Mn with institutional investors Barclays

Indian Tourists pay contactless on PickMe rides in Sri Lanka

Commercial Bank joins hands with Fintech Consultancy to implement the complete collaboration solution

CEO Ofir Eyal leads Viber to super app category with launch of Payments service

FriMi Marks 5 Years of Revolutionizing the Sri Lankan Fintech Industry