Digital Empowerment - Sectors | LOLC Technologies | LOLC

Digital Empowerment

We firmly believe that information technology is a key constituent of facilitating all business operations of the group towards providing enhanced customer experience. LOLC Group through its centralized, shared IT services provider, LOLC Technologies, continues to be at the forefront of technology innovation and operates as a technology enabler via different digital platforms designed to provide cutting-edge features, performance, security, and unprecedented convenience.

ISO 9000 ISO 20000 ISO 27001

Certifications
690,000

No. of users
$1,885 Mn

Transaction value

LOLC Technologies Limited

LOLC Technologies collaborates with world-renowned Information Technology solution providers such as Oracle, Microsoft, and AirWatch to cater to the Information Technology needs of the LOLC Group as well as external customers. LOLC Technologies also has its award-winning cloud-based service management system – OASYS, which is a flagship product of the company.

iPay

iPay is a simple, easy-to-use, real-time payment platform built on an architecture that allows easy integration with any system. The vibrant graphical user interface of iPay promises a unique experience whilst carrying out various types of payments

Fusion X

Fusion X is a next-generation, exponential, cloud-based financial services suite, designed to provide cutting-edge features, performance, and security. Fusion X is based on the first principles of design thinking for banking technology and is geared to facilitate the easy adoption of open banking.

OYES

OYES is a Fintech platform that enables every day to be payday by providing salary advance facilities to employees of corporates that sign up with OYES. OYES algorithm takes into consideration employees' net salary and attendance to calculate the employees’ earned salary and facilitate instant access to it at any given time.

Digital Empowerment Insights

News LOLC Technologies unveils ’OASYS^’ to revolutionise business process automation

Setting a new benchmark in business process orchestration and automation, LOLC Technologies, a fully owned subsidiary of the LOLC Group, recently launched its revolutionary solution OASYS^ to its partner network through Sanfer Technologies.
The launch was marked by a special event themed “Redefining Orchestration and Automation”, attended by business leaders and technology experts. OASYS^ is available through Sanfer Technologies, a fully owned subsidiary of South Asian Technologies, marking its first step toward an omnipresent footprint in local and international markets.

LOLC Technologies Boosts Efficiency Through Innovation Within the LOLC Group and Beyond

For LOLC Technologies, their ground-breaking approach to innovation-driven business process reengineering (BPR) has not only changed how the LOLC Group executes core functions. It has also uplifted efficiency both locally and globally with the implementation of its paperless document management system and the integration of robotic process automation into the overarching group workflow. The brilliance of LOLC Technologies shines through in its commitment to innovation to drive greater efficiency. A deep commitment to long-term strategic thinking, prioritizing data-driven decision-making and embracing automation in the push for group-encompassing adoption.

LOLC Finance introduced ‘OYES’, Making Every Day a Pay Day

LOLC Finance PLC with iPay, jointly launched ‘OYES’, a simplified platform for salary advancing. Plausibly a technology driven solution, to own and to unlock earned salaries. The latest product was launched with the utmost objective of elevating the financial requirements of the nation’s workforce whenever they aspire. OYES will now function as a facilitator in drawing salary advances, through offering easy access with the help of a KIOSK or through iPay mobile app to ones earned salary.
The Sri Lankan middle class and upper-lower salaried workforces engaged in multiple sectors and industries are frequently in need of quick access to credit facilities during unforeseen economic circumstances. Thus, cash emergencies remain a frequent requirement for these communities.