Technnovation Awards 2022: LOLC Finance bags five Golds


LOLC Finance PLC proved its expertise yet again competing with prestigious banks and NBFIs to gain top awards. 

LOLC Finance won Gold for: NBFI of the Year for Financial Inclusivity, NBFI of the Year for Excellence in Customer Convenience, Financial Institution of the Year for Best Digital Payment Strategy, Best Mobile Application for Retail Payments Via Just Pay (Banks and NBFI),Overall Award Excellence in Inter-Bank Digital Payments (NBFI) and a Merit Award for the Most Popular Digital Payment Product (Banks and NBFI-Mobile Payment App). 

The 4th edition of Sri Lanka’s first and the only payment technology innovation awards LankaPay Technnovation Awards by Lanka Clear was held on 29h March 2022 titled ‘Honouring the Digital Superheroes’. 

LOLC Finance was one of the first financial institutions to break into mobile technology with the launch of the LOLC Real Time online portal and the mobile app in 2014 and 2015. It has helped it make further inroads into the mobile technology space via ground-breaking new solutions such as iPay which was launched in 2017.

Conrad Dias (Director/CEO) said, “Winning Awards is not just a recognition of what we have done in digital banking and financial services, it is also a testament to the commitment to transform financial services to digital, creating customer convenience, trust and confidence. It was our night at the Technnovation awards, bagging the most number of Gold awards at the event. We are honoured to win five Gold Awards. These will be the hallmarks of excellence in the NBFI sector and will improve the inclusive national drive to transform the economy to a cashless podium”.