Sri Lanka’s PayMedia wins 1st runner-up at APICTA 2024 in Brunei

PayMedia, a leader in fintech innovation, has achieved a significant milestone by winning 1st Runner-Up in the Asia Pacific ICT Alliance (APICTA) Awards 2024 hosted in Brunei Darussalam under the category of Community and Indigenous Services.

The recognition was earned for their groundbreaking product, LankaRemit, a platform that has revolutionized digital remittance services in Sri Lanka. Securing the 1st Runner-Up position in the Community and Indigenous Services category is a significant achievement, as it highlights solutions that cater to underserved communities, preserve cultural heritage, and improve inclusivity. PayMedia’s LankaRemit stood out among the highly competitive entries for its ability to empower Sri Lankan communities through seamless, secure, and cost-effective remittance services.

The LankaRemit platform simplifies and streamlines the process of sending money to Sri Lanka, ensuring that remittances are fast, secure, and cost-efficient. The recognition at the APICTA Awards marks a significant milestone, underscoring the potential of technology to transform lives and communities.