CrossBorder Payments (Pvt) Ltd which operates under the brand name marx, is a leading force in Sri Lanka’s fintech landscape, celebrates a path of creativity, resiliency, and revolutionary influence as it proudly marks its fifth anniversary. Since its inception, the company has transformed from a promising startup to a trailblazing fintech leader, enabling companies of all sizes and propelling the country’s digital payment revolution.

Reflecting on this milestone, CEO of Marx CrossBorder Payments, Rohitha Perera stated, “Digital transformation is no longer a luxury; it is a necessity. While Sri Lanka stays mainly cash-driven, the worldwide economy is moving swiftly towards digital transactions. Marx CrossBorder Payments is dedicated to closing this gap by offering creative, easily accessible, and inclusive payment solutions. Our all-in-one point-of-sale system, the first of its kind in the world, will revolutionize trading & commerce will be done in Sri Lanka and making sure that SMEs, who is the foundation of our economy, have the resources they need to prosper in a world that prioritizes digital transactions.

Marx CrossBorder Payments has led the way in digital innovation for the last five years and has been essential to the country’s transition in building a cashless society. The company has received numerous honors, such as the National ICT Awards (2022, 2023, 2024), the Innovate Lanka Awards (2022), the South Asia Startup ICT Award 2023 (Top 5), and a nomination for the Asia Pacific ICT Alliance Awards in 2023. These accomplishments demonstrate its steadfast dedication to technology innovation and financial inclusion.

The company has created an all-in-one point-of-sale (POS) solution that transforms any iOS or Android device into a potent sales system, taking into account the particular difficulties faced by SMEs that required high investments for such technologies to automate their stores. Eight local and international payment methods are integrated into this ground-breaking technology, providing small enterprises with the same technological advantages as major retailers. Customers can view their earned and redeemed rewards which will be largest open loop loyaty based program, rebates, and discounts in real time on a single platform thanks to the company’s AI-powered loyalty program that will be individually rewarded, in order to encourages digital purchases in making Sri Lanka a cash free society.

Signature, Sri Lanka’s most admired menswear brand, has taken another significant step in its retail expansion with the opening of its latest showroom in Matale. Located at No. 23, 25 Prince Street, Matale, this new branch marks a milestone as the brand’s 10th showroom, further strengthening its presence across the country.

The grand opening ceremony was attended by distinguished guests and well-wishers, including popular digital influencers who engaged with customers at the launch.

As a brand that has continuously redefined men’s fashion in Sri Lanka, Signature’s new showroom in Matale caters to the growing demand for high-quality, trendy menswear. The store offers a diverse collection, including formal, ceremonial, smart casual, casual, linen, and party wear, as well as a premium selection of suits, shirts, blazers, and trousers. Complementing these offerings is a wide range of leather products and men’s accessories, ensuring customers can find the perfect match for their attire. Additionally, the showroom extends its appeal beyond menswear by featuring womenswear and kidswear, making it a shopping destination for the entire family.

Speaking about the expansion, Amjad Hameed, Director of Signature, stated, “We are constantly looking at ways to better connect with our customers and provide them with greater convenience as they shop for their favourite menswear products. In the coming months, we will continue to open new branches island wide covering all the main cities. This aligns with our goal of providing our valued client base the customer-centric, fashion-forward, high-quality services they deserve.”

Signature’s new showroom in Matale has been designed to offer an enhanced shopping experience. The spacious interior allows customers to browse at their own pace in a relaxed setting, ensuring a seamless and enjoyable shopping journey. The showroom also houses Signature’s premium brand, ICON.

Adding to its comprehensive retail offering, Signature also provides wholesale purchasing options, catering to an extensive dealer network of over 300 dealers across Sri Lanka. Sri Lanka’s first wholesale app introduced by Signature enhances accessibility, enabling dealers and business owners to browse and order the latest Signature collections with ease.

Since its inception in 1990, Signature has built a strong reputation in Sri Lanka’s menswear industry, renowned for its commitment to quality and affordability. As part of its long-term vision, the brand continues to expand its footprint island-wide while also exploring strategic partnerships to introduce international brands. Signature operates through exclusive retail stores, a widespread dealer network, and a seamless online shopping platform at https://signature.lk, offering island-wide delivery for ultimate customer convenience. As a brand under the esteemed Hameedia Group, Signature remains the preferred choice for fashion-conscious men who seek style, confidence, and value in every outfit they wear.

Reinforcing its position as a leader in Sri Lanka’s banking sector, Bank of Ceylon (BOC) has been once again named the ‘SLIM Kantar People’s Banking Services Brand of the Year’ at the SLIM Kantar People’s Awards 2025. This recognition, based on consumer preferences, highlights the bank’s role in Sri Lanka’s financial sector and its strong relationship with customers.

The SLIM Kantar People’s Awards, one of the most anticipated corporate events in Sri Lanka, is an accolade that directly reflects the voice of the people. Organised by the Sri Lanka Institute of Marketing (SLIM) and backed by an independent survey conducted by Kantar, the awards recognise brands and personalities that have established strong connections with Sri Lankan consumers. BOC’s repeated success in securing this award shows its continued trust and significance in the lives of millions.

As a financial institution that has played a key role in the country’s economic stability and growth , BOC continues to focus on digital banking, good governance, financial inclusion, and sustainability. Its efforts to improve financial literacy, promote savings and entrepreneurship, and support the SME sector have strengthened its position as a trusted financial partner.

Commenting on the achievement, the Chief Marketing Officer of Bank of Ceylon Sameera D Liyanage stated, “Winning the ˜People’s Banking Services Brand of the Year at the SLIM Kantar People’s Awards once again is a testament to the unwavering trust our customers place in Bank of Ceylon. This recognition reinforces our commitment to delivering innovative, accessible, and customer-centric banking solutions that empower individuals, businesses, and communities across Sri Lanka. As we continue this journey of excellence, we remain dedicated to shaping the future of banking with trust, resilience, and service at our core”

The bank attributes this latest recognition to the support of its customers and stakeholders. Expressing gratitude, BOC reaffirmed its vow to deliver banking solutions while maintaining a customer-focused approach. As it continues to adapt to technological advancements and market changes, BOC is focused on economic stability and financial well-being for all Sri Lankans.

For over 85 years, Bank of Ceylon has been a cornerstone of Sri Lanka’s financial landscape, connecting individuals and businesses to global opportunities. BOC’s extensive network with over 2,300 touch points spread across the nation, ensures that bank’s customers have convenient access to a wide range of financial services. Moreover BOC was ranked as the only Sri Lankan Bank among the Top 1000 World Banks 2024 and the Banker of the Year 2021,2023 and 2024 by The Banker Magazine UK, The Number 1 Banking Brand in Sri Lanka by Brand Finance Lanka. Internationally, Bank of Ceylon has established a strong presence in key locations such as a Subsidiary in London, UK; branches in Male and Hulhumalé in the Maldives; Chennai, India; and the Seychelles.(BOC)