Vetted by NeuralPress's Multi-Agent Verifier for strict factual validity and event relevance. Our compliance engine cross-checks and filters search results to ensure zero false correlations or misleading content.
Primary Sources
LOLC Finance launches a modern metro branch in Negombo
Business LOLC Finance, the largest Non-Banking Financial Institution (NBFI) in Sri Lanka, has announced the opening of its new LOLC Finance Negombo Metro Branch, located at No 74, Colombo Road. This occasion signifies a momentous milestone in the company's journey, as it steps into its own property in Negombo, demonstrating its resolute pledge to serving this vibrant city and its communities. Negombo is a living testament to cultural diversity and historical significance. With a rich heritage and vibrant atmosphere, this city has played an integral role in LOLC Finance's growth journey. For 20 years, LOLC Finance has established itself as a financial leader, operating two branches in prime city locations. These branches have been instrumental in supporting vital industries like fisheries, tiles, coconut, garments, and tourism. The launch of the impressive Negombo Metro Branch further enhances the city's appeal and economic dynamism, reflecting expansion and strengthened community connections for LOLC Finance, the company said in a media release. Kapila Jayawardena, Group Managing Director/CEO of LOLC Holdings PLC, who graced the occasion as the Chief Guest, said: "We are pleased to inaugurate the LOLC Finance Negombo Metro Branch, which aligns perfectly with our strategic roadmap to enhance convenience for our valued customers. This expansion reinforcing our dedication to delivering top-notch financial solutions is poised to amplify convenience, accessibility, and prosperity, reflecting LOLC Finance's perseverance to the city's development and well-being. Conrad Dias, Chairman of LOLC Finance PLC, highlighted the futuristic perspective that the new branch presents to the community: "With the Negombo Metro Branch, we are ushering in a fresh era of modern convenience for both our current and future clientele at LOLC. This facility is equipped with state-of-the-art amenities, encapsulating our keenness to providing unparalleled service to our digitally inclined customers. As we boost our digital potential and expand our boundaries, our objective remains resolute to driving regional economic progress through pioneering innovation." The new branch's cutting-edge design and technology resonates LOLC Finance's core values. This expansion harmonizes with LOLC Finance's role as an economic catalyst, nurturing local businesses and fortifying trading and export sectors. Comments Still No Comments Posted.
LOLC Finance secures Gold at LankaPay Technnovation Awards 2026
LOLC Finance PLC, one of Sri Lanka’s largest Non-Banking Financial Institution (NBFI), has reaffirmed its leadership in digital financial services, with its flagship platform iPay securing the Gold Award for Overall Excellence in Digital Payments for the seventh consecutive year at the LankaPayTechnnovation Awards 2026.The awards ceremony was held on March 24, at Cinnamon Life City of Dreams, Colombo, recognised LOLC Finance’s commitment to a secure, customer-centric digital ecosystem. At its core, iPay continues to enable seamless financial interactions for individuals and businesses, redefining digital payments.iPay continues to lead the market with over 50% JustPay market share, more than 1.2 million downloads, and over 1.8 million transactions processed monthly. Its evolution from a payment app into a fully integrated lifestyle platform enables users to manage daily financial needs from merchant payments and fund transfers to utility bill settlements and government payments enhancing convenience while advancing financial inclusion.Extending its impact beyond consumers, iPay Business empowers SMEs and MSMEs with a comprehensive suite of digital solutions. It supports LankaQR, card, foreign, and bill payment acceptance, along with secure internet payment gateways. Enhanced with tools such as iAds and marketplace features, and upcoming capabilities including booking management systems, inventory management, basic HR, and integrated accounting, iPay Business is positioned as a holistic growth partner.LOLC Finance, Chief Executive Officer Krishan Thilakaratne stated; “Winning the Gold Award for Overall Excellence for the seventh consecutive year reflects the strength and forward-thinking ethos of LOLC Finance. These accolades highlight the trust placed in us by our customers as we continue to deliver safe, secure, and accessible financial solutions through a digitally enabled ecosystem.”This recognition has strengthened customer confidence, reflected in the growth of LOLC Finance’s deposit base. Through its ‘One App for Any Bank’ concept, iPay allows users to link multiple accounts in one interface, providing greater flexibility and control over their finances.Strengthening its global presence, iPay continues to advance cross-border payment capabilities through LankaQR-enabled international transactions. The platform supports UPI payments for Indian travellers, AliPay for broader Asian markets, and UnionPay as a key gateway for Chinese customers, enabling s...
Ada Derana | Truth First | Sri Lanka News | Breaking News in Sri Lanka
Get the latest breaking news in Sri Lanka and across the world from the No. 1 news source in Sri Lanka. Ada Derana is the most unbiased and comprehensive Sri Lankan news property with the most accurate and timely information on political news, sports news, business news, and entertainment news. Ada Derana is Sri Lanka's leading trilingual news network.
Sri Lanka Finance Ministry confirms USD 2.5 million loss due to hacking
Colombo, Sri Lanka is looking to recover USD 2.5 million lost to cyber hacking of the Finance Ministry's payment system, a top bureaucrat from the ministry confirmed on Thursday.
