Dilshan – Fintech rush in Sri Lanka; competing with banks for innovation

Reported by: |Updated: January 2, 2018

There is an oligopoly structure in banking sector in Sri Lanka with 8 banks having market share of 85%. But now there is competition from Fintechs as well as Telcos. Fintechs are mushrooming and challenging banks to innovate, says Dilshan Rodrigo, COO at Hatton National Bank.