Business21 June 2026

PayMedia celebrates 12 years of fintech innovation

PayMedia (Pvt) Ltd, one of Sri Lanka's leading financial technology companies, is celebrating its 12th anniversary, marking more than a decade of innovation, strategic partnerships and contributions to the country's rapidly evolving digital payments landscape.


Founded in 2014 by entrepreneur Kanishka Weeramunda, the company began with a vision of delivering robust software solutions for banks and financial institutions while making digital financial technology accessible, secure and user friendly. Over the past 12 years, that vision has evolved into a comprehensive portfolio of fintech solutions serving millions of users across Sri Lanka and the wider region.


Operating from its headquarters in Colombo, PayMedia has developed technologies that support the core operations of modern financial institutions, including digital wallets, smart banking platforms, microfinance mobile applications, fully digitised customer onboarding systems and AI powered digital solutions. These platforms have enabled banks and financial institutions to offer secure, round the clock services while improving operational efficiency and customer convenience.


The company said the past few years have been particularly significant, with PayMedia earning internationally recognised certifications that reinforce its commitment to information security and the protection of client and stakeholder data.


"Reaching twelve years is not just about how far we've come, but about the trust our partners and customers have placed in us," Founder Kanishka Weeramunda said.


"Every solution we build is designed to make financial services more accessible, secure and seamless. As we look ahead, our mission remains the same: to keep disrupting the way payments work in Sri Lanka and across the world."


As it marks its anniversary, PayMedia reaffirmed its commitment to advancing financial inclusion through technology, developing local talent, and supporting Sri Lanka's ambitions to become a regional hub for fintech innovation.


With a culture centred on continuous innovation and digital transformation, the company says it is well-positioned to deliver the next generation of financial technology solutions for both local and international markets.


 

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