Sri Lanka FinTech Summit 2025 to Drive Sector Collaboration
- CNL Reporter
- August 27, 2025
- Information technology, News
- FinTech
- 0 Comments
The Sri Lanka FinTech Summit 2025, scheduled for September 24–25 at the BMICH in Colombo, is being positioned as more than just an industry showcase. Organisers say it will serve as a coordination platform to accelerate the development of a unified, accountable, and investable FinTech ecosystem.
The summit is led by Hatton National Bank PLC Managing Director/CEO Damith Pallewatte, TECXA MD/CEO Dr. Kumudu Megasooriya, and FinTech Forum Sri Lanka Chairman Channa de Silva. Their approach signals a shift from aspirational discussions to concrete, results-oriented collaboration.
“We possess the data, platforms, and talent necessary for transformation,” said Pallewatte. “What’s been missing is strategic alignment. This summit is our chance to move beyond aspiration toward coordinated execution—with clear ownership, measurable outcomes, and continuity.”
For decades, Sri Lanka’s financial sector viewed FinTechs as disruptors threatening traditional banking. That adversarial stance has since evolved, with banks now recognising FinTech strengths in agility, innovation, and customer-centricity. Conversely, FinTechs have acknowledged the advantages of banking institutions in regulatory compliance, capital adequacy, and established trust.
The organisers argue that the greatest value emerges when both sides collaborate under structured frameworks. Banks provide infrastructure, regulatory expertise, and capital strength, while FinTechs bring technological innovation and bold reimagination of service delivery.
