LOLC Finance Wins 7th Consecutive Gold for Digital Excellence 📈

LOLC Finance PLC, Sri Lanka’s largest Non-Banking Financial Institution (NBFI), dominated the LankaPay Technnovation Awards 2026, securing the Gold Award for Overall Excellence in Digital Payments for the seventh year running. • Key Performance Metrics (iPay) • Market Share: Holds over 50% of the JustPay market. • User Base: Exceeds 1.2 Mn downloads. • Volume: Processes over 1.8 Mn transactions monthly. • Cross-Border: Facilitated over LKR 22.05 Mn in transactions in 2025 via UPI, AliPay, and UnionPay integrations. • Major Award Wins • Overall Excellence in Digital Payments (NBFI) – Gold • Best Digital Payment Application (Retail) – Gold • Best LankaSign Digital Signature Enabler – Gold • Best Digital Government Payments Enabler – Gold • Best Cross-Border Transactions Enabler – Silver • Economic Impact & Inclusion • MSME Sector: The iPay Business platform supports small enterprises with LankaQR and inventory tools, driving digital adoption. • Public Sector: iPay now enables digital payments across 254 government institutions and 3,110+ sub-services. • FinTech: Transitioning from a domestic app to a globally connected platform, enhancing ICT/BPM standards within the local financial landscape. _Note: Based on data as of March/April 2026._