KOKO, Sri Lanka’s BNPL platform and fintech innovator, won the Overall Gold Award for Excellence in Digital Payments together with three category Gold Awards at the Grand Finale of the LankaPay Technnovation Awards 2026, marking a standout result in the company’s first year of participation.
The event was attended by key leaders from Sri Lanka’s digital economy ecosystem, including Hon. Eng. Eranga Weeraratne, Deputy Minister of Digital Economy, Dr. P. Nandalal Weerasinghe, Central Bank Governor and Dr. Hans Wijayasuriya, Chief Advisor to the President on Digital Economy.
Alongside the top honor, KOKO received Gold for Best Enabler for LankaSign Digital Signatures, Most Popular Digital Payment Solution, and Best Digital Payment App for Retail Payments. The company was also shortlisted for Best Institution for Financial Inclusivity. Together, these recognitions highlight KOKO’s growing contribution to Sri Lanka’s digital payments landscape and reinforce its position as a leading force in the country’s evolving fintech ecosystem.
The wins come at a significant moment for both KOKO and the wider industry. With LankaPay featuring a fintech category this year, it continues to formally recognize the contribution of fintech players to Sri Lanka’s digital payments landscape.
KOKO also achieved an 846% year-on-year increase in users and merchants, reinforcing its position as one of the fastest-growing digital payment businesses in the country.
“KOKO’s achievement at this year’s LankaPay Technnovation Awards is a reflection of the progress being made across Sri Lanka’s digital payments ecosystem. It is encouraging to see fintech innovators contributing in ways that strengthen adoption and improve customer experience, which is directly supporting the continued advancement of inclusive digital financial services in the country,” commented Channa de Silva, CEO of LankaPay.
Today, KOKO serves roughly 2 million users and is available across approximately 6,500 merchants, reflecting the breadth of its presence in everyday commerce.
Michael Sathasivam, Regional CEO of KOKO, said: “Winning the Overall Gold Award for Excellence in Digital Payments together with three additional Gold Awards is a significant milestone for KOKO, especially in our first year participating in the LankaPay Technnovation Awards. This recognition reflects the scale of the progress we have made in building a payment platform that is trusted by consumers, valued by merchants, and increasingly relevant to the future of digital payments in Sri Lanka.”
Latest News
Oil companies, profiting from the US-Iran war, pose a problem for Trump
Iran says Hormuz talks with Oman continue as Qatar calls for regional consensus
Democratic lawmakers push Pentagon on Iran casualty accounting
Wildfires ease in Greece as people return to gutted homes
Cyclosporiasis cases in Michigan climb to 11,508 in ongoing outbreak
US-facilitated Israel-Lebanon talks have begun, US says
Air India Phuket-Delhi plane dropped 300 feet, 17 injured in mid-air scare
Record funding package announced for Britain's winter athletes
North Korea's Vietnam War dead to get first memorial 60 years on
'We are cool' - Szoboszlai plays down Liverpool row
