Sun, 02 Apr 2023 Today's Paper

Fortunaglobal revolutionizing Sri Lankan FinTech with customer centric innovation

16 August 2019 01:50 pm - 0     - {{hitsCtrl.values.hits}}


Pioneering a wave of digital banking solutions in Sri Lanka, Fortunaglobal has firmly entrenched its credentials as the leading FinTech with its Affluence Digital Banking Suite and other digital solutions that promote financial inclusion. Fortunaglobal has the largest number of customers, for a single vendor in the Island, with commercial banks and non-banking financial institutions (NBFIs) as part of its customer base. The company’s customized banking product has changed the industry supporting billions of secured transactions to create a more financially inclusive world. In addition to contributing to the digital drive the company offers cutting-edge e-commerce and mobile commerce initiatives, thereby demonstrating its digital integration prowess. Nurturing a culture of innovation, agility and integrity are the cornerstones of Fortunaglobal.

The growth of Fortunaglobal is a success story about technological innovation and financial inclusion. Created in 2007, Fortunaglobal has established a truly Sri Lankan built omni channel banking system which is revolutionizing the banking and finance industry in the island. The company’s digital journey is liberally peppered with many firsts. The company’s pioneering innovations are backed by its creative arm, Fortunacreatives, which provides mCommerce and eCommerce solutions for an impressive user experience. Going further, it was the first to pioneer a convenience store-based cash withdrawal and deposit app; and the first to devise a Lankan-based soft token solution. Over time, the company designed the first local based BOT for a commercial bank. The company’s solutions, fully integrated to Lanka Pays CEFT/CAS/Just Pay and Lanka QR products to offer greater flexibility to its customers.

Striving to achieve new milestones, Fortunaglobal is also helping transform the digital news industry in Sri Lanka, by launching pioneering mobile-based news apps with its partnership with Derana along with FM Derana, Ada Derana, Pulse, DeranaTV and Thamilan and other news sites. These innovations have developed a strong mobile app-based customer base. The company also digitalized Liberty Newspapers with the digitalisation of the Morning and Aruna newspapers.

Commenting further, the CEO of Fortunaglobal, Suren Kohombange, says, “Our digital engagement journey marks a decade of FinTech innovation in Sri Lanka and we are humbled by the encouragement and success we have achieved. At Fotunaglobal, we take great pride in being at the forefront of the digital revolution. We are all the more proud of our achievements because Fortunaglobal is a fully Sri Lankan company which has harnessed local talent to drive FinTech solutions in a responsible and sustainable manner. We are particularly proud of our Affluence Digital Banking Suite, which has helped NBFI clients to optimize time and add value to their brand equity, whilst striking a competitive advantage and understanding sophisticated customer expectations in the economics of the banking and financial industries in Sri Lanka. Fortunaglobal is committed to advancing digital banking engagement platforms in the country. After radicalizing the payment industry by leading the connectivity and access rates of customers, we are focused on devising how we can design even more financial inclusive digitalized solutions. We have seen how dynamic and agile processes in finding solutions for our clients’ have improved lives. In the ever-changing digital landscape, constant innovation is the force that drives us forward and this force empowers us.”

  Comments - 0

Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment

How Lanka’s National anthem was amended due to superstition

Sri Lanka is presently experiencing a tremendous economic crisis. Several k

Import of South Indian eggs: Sri Lanka walks on Indian eggshells

With the increase in egg prices the government decided to import eggs to regu

Wokeism: Is it destructive, or are you afraid of change? A response

In order to critically discuss a movement, we must first understand its etymo

Defeat in Ananthapuram Battle denoted the LTTE’s end

Many battles were fought during the long war between the Sri Lankan armed for