Finnovation Lab empowers Sri Lanka’s next-generation FinTech innovators

THE Finnovation Lab, held on 2 September, marked a significant milestone in Sri Lanka’s journey to become a regional hub for financial technology innovation.

- 

Organised by the Sri Lanka FinTech Summit with support from leading industry players, universities, and government stakeholders, the initiative provided a platform for collaboration, innovation, and knowledge exchange in the country’s rapidly growing FinTech ecosystem.

As Sri Lanka’s digital economy gathers momentum, there remains a critical gap between academic learning and practical application in the FinTech sector. Many young people, especially university students, have limited exposure to real-world industry challenges, fewer opportunities to interact with professionals and regulators, and little access to platforms that turn innovative ideas into actionable solutions. The Finnovation Lab was designed specifically to bridge this gap, equipping the country’s youth to actively shape the future of digital finance.

The program brought together 200 students from leading public and private universities, connecting them with FinTech professionals, policymakers, and innovators. Through a series of interactive workshops, panel discussions, and mentorship sessions, participants gained hands-on experience and insights into emerging trends in financial technology. Topics covered included artificial intelligence in finance, blockchain applications, digital payments, and cybersecurity, providing students with practical knowledge alongside theoretical learning.