LankaPay Technnovation Awards 2025 to honour finnovation champions

LankaPay – Sri Lanka’s national payment network, announced the seventh edition of its signature event - LankaPay Technnovation Awards 2025, Sri Lanka’s first and the only payment technology innovation awards, at a press conference held on March 4, at Hilton Colombo Residencies. 

The de facto recognition standard for payment technology innovations in the country, LankaPay Technnovation Awards has emerged the most anticipated event amongst the country’s banking fraternity. The competition kicked off with the much-awaited online poll for Most Popular Digital Payment Product of the Year 2024, on February 7, 2025. The grand finale and awards ceremony is scheduled to be held on March 26, at Grand Ballroom, Shangri-La Colombo, under the patronage of Central Bank Governor Dr. Nandalal Weerasinghe – the chief guest, guests of honour, Digital Economy Deputy Minister Eng. Eranga Weerarathne and Chief Advisor to President on Digital Economy Dr. Hans Wijayasuriya.

Initiated in 2017, LankaPay Technnovation Awards’ objective is to recognise the banks, non-bank financial institutions, government institutions and fintechs, which have been steadfast to the cause of promoting digital payments, thereby enhancing customer convenience.

LankaPay Technnovation Awards 2025 serves as a tribute to financial institutions and fintech pioneers, who have been instrumental in financial innovation (finnovation), leveraging advanced technologies to reshape the financial ecosystem. 

The award criteria for 2025 considers interbank transactions during the period from April 1, 2023 to December 31, 2024. The categories include Overall Award for Excellence in Digital Payments, Excellence in Customer

Convenience, Best Common ATM Enabler of the Year, Financial Institution of the Year for Financial Inclusivity, Most Innovative Bank of the Year, Most Popular Digital Payment Product, Best Bank for Retail Payments, Best Mobile Application for Retail Payments via JustPay, Best LANKAQR Enabler, Best Bank for Digital Government Payments, Best Government Institution for Enabling Digital Payments, Best LankaPay Card Implementer of the Year, Best Institution to adopt LankaSign Digital Signatures and Best Digital Payment Strategy.

Panel of Judges Chairman is Colombo Stock Exchange CEO Rajeeva Bandaranaike. The panel also include B R De Silva & Company Partner Lasantha Wickremasinghe, South Asian Federation of Accountants Statutory Accounting Standards Committee and Accounting Standards Committee Chairman Manil Jayesinghe, South Asian Federation of Accountants Women’s Leadership Committee Chairperson Chamila Cooray, Kapruka PLC Chairman Dulith Herath and Brandix Group COO Digital Transformation Oshada Senanayake.
PIC BY PRADEEP PATHIRANA