COMPANY PROFILE - FINAP

PROFILE COMPANY

F I N A P W O R L D W I D E

Proposal #

659 4546 45

2021

F I N T E C H N O L O G Y A S I A P A C I F I C

VISION OUR

OUR PASSION Developing good software is our

passion. We create innovative products

and solutions to drive business results.

For that, we recognize the importance

of bringing together the right mix of

experience, skills and disciplines to

manage an initiative from concept to

successful delivery

COMPANY PROFILE | FINTECHNOLOGY ASIA PACIFIC 01

STABILITY – FINAP solutions are

scalable and have the strength to

withstand every condition

successfully.

SECURITY – FINAP solutions are best

architect and take security best

practices into consideration in every

level of design, development and

implementation.

QUALITY – We leverage our

expertise to develop a solid software

foundation for your organization

which is reasonably defect free,

delivered on time and within

budgets.

OUR COMMITMENT

“To be the Most Accepted Solutions Provider through Simplicity”

TABLE OF CONTENTS

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05

14

16

18 19

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17

06

04

2

About Our Company

Our Leadership Team

FINAP Strategic & Business Partners

What’s Next

Financial Outlook

What Our Customers Say ….

Our Technology

Our Products

& Services

Chairman’s Message

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COMPANY PROFILE | FINTECHNOLOGY ASIA PACIFIC

20 21

Our Company History

Company Details

Our Values

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03 COMPANY PROFILE | FINTECHNOLOGY ASIA PACIFIC

The Financial Service Providers (FSPs) are constantly in the lookout to innovate and expand their services to ensure that, they build sustainable commercial

business models. The unprecedented development within the FinTech space has disrupted many traditional FSP delivery models. FSPs that are geared to follow the market developments, and follow the money trails have managed to stay afloat and, further their commercial competitiveness. The market today and what is for tomorrow, would not survive by operating in silos. Continuous innovation, migrating to digital platforms, delivering low cost ‘best in business’ service models and strategic partnerships, have become the key ingredients in commercial sustainability.

FINAP is a solutions provider to the FSPs. We do this by having some of the best brains in the ‘banking & finance’ space, and by constantly re-engineering and innovating our software products. By design, we build on four key principals; they are; the user experience, open banking or open APIs, parameterization and scalability. With that, we have developed some of the ‘best in its class’ banking & finance products. We have won many accolades beating some of the well-known software products in the market. Our success and becoming quickly to be known as a software company that is truly understanding the customer’s business needs, is due to our live and constant integration of designers and developers. Having a deep understanding of the customer problems, rigorous planning, development of concepts through carrying out extensive market research, finding other available solutions to build on the customer problems are some of the key characteristics of FINAP. We take our software engineers on the journey to assimilate them to the customer’s business problem and available solutions before embarking on ‘system-level design’. They are some of the key success factors in delivering the best product solutions to the market. Holistically, FINAP views the connected sectors to the Banking & Finance could also immensely benefit from the innovations that are taking place. Our innovative products in the; commuting, transportation, logistical, retail, wholesale, health and community based sectors are finding a seamless connectivity to the financial sector and delivering amazing business and customer digital experiences.

FINAP has been featured as one of the 25 hottest Fintech Solution Providers in 2018 by APAC CIO Outlook Magazine, Silicon Valley, USA.

FINAP’s champion product- ECOru was crowned the GOLD award winner by the British Computer Society-the chartered institute for IT at the National Best Quality Software Awards (NBQSA 2020).

ECOru- Banking & Finance Solution was also awarded as the most innovative & best solution in cloud computing at National Best Quality Software Awards (NBQSA 2020).

ABOUT OUR COMPANY

journey of thousand miles

starts with one step (Lao Tzu).

The fabric of Fintechnology

Asia Pacific has always been taking

that first step. From our humble

beginning four years ago, we have

thrived to be the best in what we do.

Each step saw us creating a buzz in the

field of FinTech and producing some

amazing software solutions.

It is our team that made the stride

towards success possible. Positively

motivated and challenged by our own

desire to produce the best software,

we always went searching to deliver the

most advanced, yet economical and

scalable solutions which addresses

real business problems. One of our key drivers to think broadly and cross link solutions has

been our simple belief; that FinTech is not only for the financial sector. A digital solution which

transforms any sector and through that provide agility and financial sustainability to both the

provider and the user is a FinTech intervention.

FINAP in developing and delivering ‘state of the art’ FinTech solutions; to the financial,

supermarket, logistic and the consumer sectors. These assets that we have developed are

highly scalable and ensure at all times does maintain a socially responsible action.

In a highly connected world, where there are no limitations to technological growth, FINAP is

greatly positioned to grow and expand rapidly. Our business is agile and can be positioned

anywhere in the world. We take pride in what we do and the technology solutions we deliver to

the market. Our customers are our partners and our people are our capital, all together, we are

FINAP.

On behalf of Team FINAP I thank you for your time investment in reading through our profile.

A

SOME NICE FACTS Dr. W. Hilary E. Silva Chairman

CHAIRMAN’S MESSAGE


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LEADERSHIP TEAM

OUR

BASNAYAKE

ROSHAN

Executive Director / Principal Consultant

WIJEWARDENA

SALIKA

Banking & Finance Domain

Expert and Software Solution

Professional with more than

25 years of Experience.

Software Industry Professional

with excellent analytical, technical &

leadership skills with 20 years of

technological experience in designing

& delivery of software solutions in

multiple platforms and domains.


Executive Director / Principal Consultant

UPUL

Director

Passionate Technologist with 16+

years of experience in designing

and implementing complex IT and

business solutions. Especially in

Core Banking projects and ERP

system developments in the US

and Canada.

ABEYSINGHE

ADVISORS TO THE BOARD

MR. KUTILA PINTO

Founder & Advisor to the Board

Banking & Finance specialist

with C-Suit experience in

leading global top 50 banks.

FinTech enthusiast.

PROF. SIRIMEVAN WIDYASEKERA

Expert Advisor ICT

Former professor & dean of

faculties at leading

universities in Sri Lanka and

ICT industry expert.

MR. PADMAL SILVA

Expert Advisor Business Strategy

Global sourcing & supply

chain specialist with vast experience in business

planning & entrepreneurship.

.


Success of Modern Banking pivots

on big data, efficiency, business

intelligence, digital transformation,

scalable systems architecture,

ability to parameterize to beat the

competition and data security.

ECOru core banking solution is your

growth partner which scales with

your banking business & ensures

technological sustainability which

in turn assures your commercial

success.

ECOru core banking solution is in

actuality a platform that supports

your organization with the entire life

cycle of your customer and provides

the strategic scaling up for business

and technology, but most

importantly to operate within your

organizational culture.

OUR PRODUCTS

FINANCE

BANKING

.

MICROFINANCE

.

In this highly competitive &

constantly changing space of the

financial services sector, the

providers require a dynamic core

banking solution that is; highly

parameterized, highly scalable and

serves as the bench mark for the

industry standards. With that the

ability to facilitate a digital services

eco system through open banking.

ECOru Finance Core Banking

System has reached the pinnacle

of technological superiority, design

architecture and smart technology.

ECOru Finance CBS, the best that

your investment could buy.

Designed by industry specialist

and developed to address each

and every microfinance business

problem; ECOru microfinance

core banking solution is the

industry leader by way of its

robustness, parameterization,

scalability and open to expand the

business operation of

microfinance through digital

solutions. Our core banking

solution is the single answer to all

the needs of microfinances.

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07

National Best Quality Software Awards

(NBQSA 2020)

Most Innovative & Best Solution in Cloud Computing

ECOru - Banking & Finance Solution

National Best Quality Software Awards

(NBQSA 2020) GOLD Award in the Banking Finance & Accounting

Solutions (Fintech) in Business Services Category


Highly Parameterized

Open Banking

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FIELD AGENT MOBILE APP

Mula App digitalizes the core process carried out by field agents of microfinance, finance & banking

operations while improving their workflow efficiency & reducing operational cost. It is embedded with

real-time transactions, high security controls and offline mode which enables field agents to work in

remote areas with no internet connectivity.

Workflow is a comprehensive tool that automates all stages of the lending process; starting with the loan

application creation and ending with funds disbursements. FINAP Workflow solution is created to meet

the growing demand in the market to meet customer requirements at the field level and to increase market

penetration. FINAP Workflow digitalizes the entire loan origination, disbursements & collection process.

LOAN ORIGINATION & WORKFLOW

• Receipt printing

Online and offline transaction facility •

• End of day proofing

Real time general ledger •

Advance system security and controls •

• Route setup facility

• User transaction limit facility

Account creation •

Loan disbursements •

• Balance enquiry

• Assign officer for routes

Real time transactions update to customer account •

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OCEANUS

NEO BANKING & WALLET SOLUTION

Oceanus Neo Banking & Wallet Application is an entirely new user experience. Oceanus Wallet

Application is built to enable Neo Banking. Oceanus is faster, safer and highly reliable series

of solutions for everyday banking and payments. It offers the most user friendly and

facilitative domestic payment support that every financial institution needs to be competitive

in the current and future banking and finance delivery requirements. Oceanus is a best-fit

solution for banking, finance, remittance, payments, financial inclusion and banking the

unbanked.


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BeeKeeper is an advanced cloud-based solution

developed by FINAP which streamlines the

pawning management process to industry best

practices & standards. It is an extensive,

customizable & a user-friendly system that is

fully automated and has one touch capabilities

to facilitate your mundane business operations.

BeeKeeper connects all authorized branches &

users onto a single digital network, provides

deep business insights and is scalable to assist

your organization at various maturity levels.

SOLUTION FOR GOLD LOANS

TAXI BOOKING SOLUTION

FINAP E-Taxi is an integrated ride hailing application that

facilitates real time connection between a customer who

needs to book a taxi and a taxi management company.

This is a complete taxi booking application which

includes driver app, passenger app, admin app and the

payment module. FINAP E-Taxi app allows the

maintenance of various information including drivers,

vehicle owners and historical ride information. The other

significant feature is that this application can be

implemented on both on premise and on cloud

environment.


https://www.yelowsoft.com/passenger-app

Rear Admiral K.R.Senadheera

TRUCK BOOKING &

FLEET MANAGEMENT SOLUTION

Flex is FINAP’s truck booking and fleet

management solution that facilitate the

transactions between customers, truck

drivers and truck owners. This application is

built with unique features specific to the

truck booking industry. Flex’s real time

transport monitoring and control system

was designed to help organizations to

reduce fleet operation costs and save

employee time while providing updates and

information on hires, loads, tracking and

cost in a user-friendly manner. There is

another significant feature in this

application, which is, it can be implemented;

both on premise and on cloud environment.


05

SOFTWARE & MOBILE

APPLICATION

DEVELOPMENT

TECH RESOURCE OUTSOURCING

05

CORE BANKING

IMPLEMENTATION, DATA

MIGRATION &

CONSULTATION

TECHNICAL

CONSULTATION

ARTIFICIAL

INTELLIGENCE &

DATA SCIENCE

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04

SERVICES

OUR

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01 02

04

1

TECHNOLOGY OUR

BACKEND .Net Core, Java, NodeJs

FRONTEND Javascript, Angular, React, KnockoutJS

DATABASES MSSQL, Azure CosmosDB

MOBILE DEVELOPMENT Android (Java, Kotlin),

iOS (Swift, ObjectiveC), ReactNative,

Flutter

CLOUD Azure, AWS

ARCHITECTURAL PATTERNS DDD, TDD, Event Driven Micro Services,

CQRS, Clean Architecture, N-Tier, MVC

DEVELOPMENT METHODOLOGY Scrum


14

i

MICROSOFT is one of the world's leading technology companies with products that include the Windows operating system, Office productivity applications, and Azure cloud services. LinkedIn, its business-oriented social network, is used by millions to make connections. Around 36 million software developers visit the company's GitHub platform; and, outside the Office platform, Microsoft's Xbox gaming system is second only to Sony's PlayStation. Microsoft's customers range from consumers and small businesses to the world's biggest companies and government agencies. Geographically, Microsoft's revenue is evenly split between the US and the other countries. In the eyes of investors, this adds up to a trillion-dollar market capitalization.

SRI LANKA TELECOM LIMITED (SLT) is one of Sri Lanka’s most valuable blue-chip companies, majority owned by government of Sri Lanka. SLT is the nation’s number one integrated communications service provider and the leading broadband and backbone infrastructure services provider in the country. Listed on the Colombo Stock Exchange, the Company’s market capitalization as at 31 December 2018 topped Rs.42.23 billion. The Company has been awarded a National Long-Term Rating of AAA (lka) and a B+ rating on Long Term Corporate Credit Rating by Standard & Poor’s. FINAP became a strategic business partner of SLT in 2019.

TANSUN Founded in year 2003 in China, focus on providing IT solutions & services to a wide customer base in the financial services industry. This includes but not limited to Central Bank, State-owned Banks, Joint-ventured Banks, Local city & rural commercial Banks, non-banking financial institution Tansun was honored as one of the leading, fastest-growing and most energetic with highest spirit of creation in Fintech companies in China by international data corporation. They provide technology and solutions to 300 bank & non-bank customers in and around 100 cities in China. SKILLS DEVELOPMENT FUND LIMITED (SDFL) is a collective enterprise of the Government and the Private Sectors established to cater to the needs of the human resource development needs of employers. SDFL was launched on pilot basis in October 1998 with a grant from UNDP / ILO to demonstrate its usefulness to employers. On its success, SDFL was incorporated as a Limited Liability Company in August 1999 with an authorized share capital of 2 billion rupees. The Secretary to the Treasury holds the “Golden Share” with an investment of 100 million rupees that was allocated by the budget 1999.

The Employers Federation of Ceylon holds a million rupees worth of shares and another millions of investment by interested parties. This investment signifies the interest of both the government and the private sectors to the worthy cause of human resources development in Sri Lanka.

FINAP STRATEGIC & BUSINESS PARTNERS

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These are the software applications that we have developed for our prestigious customers. We have acquired the rights to re-sell these products in the global market.

Help Desk Management Solution Expense Management Solution Online Shopping System for Super Markets Order Management & Forecasting Solution Inventory Management & Point of Sales (POS) Solution Document Scanning & Management Solution CRM Solution Middleware System Bill Payment Kiosk Solution

“I was searching for a software solution partner who could give the support and provide us with a

sustainable solution to ensure that we focus on our CORE business [that is] providing best Microfinance

services to our customers. We have taken the right decision by selecting ECOru since it gives us the

flexibility of monthly payments, and we do not have to spend our valuable capital on expensive hardware,

because all our data is highly secured on the cloud. I must add, MULA, the ‘field agent App’ has given us

so much reach and scale empowering us to give our customers an excellent experience in working with

us”

Mr. Chameera Ranathunge Managing Director

John Keells Holdings

“I would like to thank FINAP for been our long-standing software solutions partner. FINAP helped us to overcome our various software development challenges with their excellent technical skills and strong work ethics. Amongst many things, I’m grateful for FINAP for supporting Keells supermarkets with delivering an excellent ‘online ordering’ system during the COVID-19 Pandemic. All their employees worked day and night and were able to deliver the project within an unbelievably less time frame. I would say choosing FINAP is one of the greatest decisions we have made and FINAP help us to deliver the best services to our customers”

Mr. Osanda Warnakulasuriya

Head of Business Solutions

NEXT

PRODUCTS THAT WE DEVELOPED FOR OUR CUSTOMERS & WHAT THEY SAY


4M Investments (Pvt) Ltd

WHAT’S NEXT FINAP offers a diverse range

of solution and has become a

trusted software solution

provider. FINAP has already

reached Pacific Islands, East

Asia, China and Caribbean as

its next business destinations

for FINAP products. Going

forward, FINAP has identified

whole of Asia, Africa and Latin

America as lucrative regions

for setting up FINAP presence.

Since we have software

applications that have been

developed for our customers

and FINAP has acquired the

rights to re-sell these products

in the global market, we are

currently in the process of

searching the potential

markets for these applications.


FINAP has positioned itself to be a highly valuable company within

the global technology business platform with its; smart and

innovative asset base. Assets that are developed, tested and ready

to go, are highly attractive in present day global demand for

technology adaptation. More and more traditional businesses are

transforming themselves to digital readiness and financial sector is

in search for ‘cloud ready’ products to position their businesses to

be competitive in service, cost and innovation.

Thus, the growth potential for FINAP is strong with its diverse

product mix and markets. Products in the FINAP’s asset base;

ECOru- Banking & Finance solution, Mula- Field agent mobile app,

Oceanus- NEO Banking and Wallet Application, Flex - Fleet

Management, Truck Booking Application and E-Taxi Booking

Application are globally accepted products and they can be scaled

to customer requirements. Therefore, it is expected that there would

be a steady market for FINAP products. Further, FINAP business

model is agile and globally scalable.

OUTLOOK


FINANCIAL

OUR COMPANY

HISTORY

Company Started

Research & Development

Team formed to start the

feasibility study for

Microfinance and Core Banking

system development

2016

Proposal Accepted for Kiosk

Solution for Keells Super

Markets

Started development of

Document Imaging and

Truncation solution for

Commercial Bank of Sri Lanka

Middleware Application for

John Keells

Order Management &

Forecasting for John Keells

Super

Taxi App development &

implementation for YouCab

FINAP has been featured one

of the 25 hottest Fintech

Solution Providers in 2018 by

APAC CIO Outlook Magazine,

Silicon Valley, USA.

Company Incorporated

Started development of

Microfinance Core Application

Started development of Core

Banking Application

Signed Agreement and start

developments Fresh food

labeling application for Keells

Super

CRM Solution development &

implementation for EWings

Truck Booking Application

development & Implementation

for SyTrans

Technology Consultation

proposal Accepted by Speed

Marsk

Inventory and Point of Sales

system implementation at PCL in

Solomon Islands

Software Outsourcing

department started

Resource Outsourcing for

Hayleys

Business Partner agreement

signed with Tansun

Partner agreement signed

with Bartleet

MB Win Microfinance

Global Solution

implementation & Support

agreement signed

Oceanus full fledge Neo

Banking Wallet App

Development Started

Microfinance SaaS Solution

Hosted in Azure Cloud

2018

2019

2017

Business Partner agreement signed with Sri Lanka Telecom

(SLT)

Joint Venture with Bartleet IT

Agreement signed with Pacific Money Limited for Digital

Wallet Solution

New Department Started for Data Science & Artificial

Intelligence (AI)

First Microfinance SaaS customer sign in to the system

Started Sales & Marketing campaigns for ECOru solution in Sri

Lanka

Started Sales and Marketing campaigns

National Best Quality Software Awards (NBQSA 2020) GOLD

Award Winner ECOru - Banking & Finance Solution

National Best Quality Software Awards (NBQSA 2020) Most

Innovative & Best Solution in Cloud Computing


e-Swabhimani The National Digital Social Impact Awards

Certificate of Appreciation in the Business & Commerce

Category ECOru – Core Banking Solution

2020


COMPANY NAME: Fintechnology Asia Pacific

Lanka (Pvt) Limited

COMPANY TAGLINE: A stronger future through

simplicity

BUSINESS ADDRESS: 31A, Buthgamuwa Road,

Kotuwegoda, Rajagiriya, Sri Lanka

TELEPHONE: 0112-795253

WEBSITE: www.fintechasiapacific.com

TYPE OF COMPANY: Private Limited Liability

REGISTERED OFFICE: 31A, Buthgamuwa Road,

Kotuwegoda, Rajagiriya, Sri Lanka

PLACE OF INCORPORATION: Colombo

YEAR OF INCORPORATION: 2017

YEAR OF BUSINESS COMMENCEMENT: 2016

BUSINESS REGISTRATION NUMBER: PV-125383

COMPANY MEMBERSHIPS:

DETAILS

COMPANY

BOARD OF DIRECTORS:

o Dr. W. Hilary E. Silva – Chairman

o Mr. Roshan Basnayake – Executive Director / Principal Consultant

o Mr. Salika Wijewardena – Executive Director / Principal Consultant

o Mr. Upul Abeysinghe – Director

ADVISORS TO THE BOARD:

o Mr. Kutila Pinto

o Prof. Sirimevan Widyasekera

o Mr. Padmal Silva

COMPANY SECRETARIES: AGS Corporate Services (Pvt) Ltd

o No 380/3, Robert Gunawardena Mawatha, Battaramulla.

AUDITORS: AGS Associates, Chartered Accountants

o No 380/3, Robert Gunawardena Mawatha, Battaramulla.

BANKERS: Pan Asia Banking Corporation Plc


o Lanka Microfinance

Practitioners’ Association

o FITIS - Federation of

Information Technology

Industry Sri Lanka

o Slasscom – Association for

Software Services Companies

(SLASSCOM) is the national

chamber for the knowledge

and innovation industry in

Sri Lanka

OUR VALUES

One Team – We always help & encourage each other

Achievement – We always celebrate everyone’s success

Customer Excellence – We always prosper through making

our customer’s business the best

Governance – We always do the right thing, at the right time &

all the time

Corporate Social Responsibility – We always do our best to

deliver solutions that are sustainable


FINAP Annual Trip - 2019 ECOru - Sales Agent Training Program- 2021

THANK YOU FOR THE BUSINESS

F I N T E C H N O L O G Y A S I A P A C I F I C

Address : 10 Anson Road, #21-08A International Plaza, Singapore 079903.

Phone : +65 6978 4050

F I N A P W O R L D W I D E

FID0001

Address : No 31/A, Buthgamuwa Road, Rajagiriya, Sri Lanka.

Phone : +94 112 79 52 53

Email : [email protected]

Website : www.finapworldwide.com

Documents

COMPANY PROFILE - FINAP