Connect with us

Business News

LUXN (Pvt) Ltd Marks 4 Years of Transforming Professional Networking in Sri Lanka

Published

on

LUXN (Pvt) Ltd, Sri Lanka’s leading NFC-based solution provider, celebrates four years of innovation and growth this October. Since launching Sri Lanka’s first NFC-powered Smart Business Card in 2021, LUXN has transformed how professionals and corporates connect – offering seamless, app-free, and eco-friendly digital networking.

Over the years, LUXN has empowered more than 25,000 professionals and 50+ leading corporates, including DFCC Bank, Prime Group, Toyota Lanka, City of Dreams, and Cinnamon Hotels, positioning itself as a key player in Sri Lanka’s digital transformation journey.

Beyond its flagship product, the company has introduced several NFC-powered innovations, including LUXN Reviewy, a customer feedback solution now used by brands such as Barista, Celsius Bedding, and Kangaroo Cabs. In 2024, LUXN further expanded with the launch of LUXN IT, a subsidiary specializing in custom software, web, mobile, and IoT solutions.

Co-founded by Sahan Muramudalige (CEO), Limashi Karunasekara (COO), and Kalhara Gunawardhana (CTO), LUXN continues to pioneer smart, connected, and sustainable technology solutions, driving Sri Lanka toward a more digitally empowered future.

While LUXN was officially incorporated as a private limited company in April 2023, the company proudly recognizes October 23, 2021, as its true founding date marking the moment its flagship product transformed from concept to reality and began reshaping Sri Lanka’s digital networking landscape.

Today, LUXN remains committed to its founding vision to empower people and businesses through smart, connected, and sustainable technology paving the way for a new era of innovation and digital progress in Sri Lanka.

Business News

Dubai Based Sri Lankan Entrepreneur Launches Global Forex Marketplace

Published

on

By

A visionary Sri Lankan entrepreneur based in Dubai has launched VerifiedBrands.io, a cutting-edge Forex Marketplace Ecosystem designed to bring transparency, trust, and regulatory compliance to the Global Forex industry.

The platform addresses one of the most critical challenges in online trading — the difficulty of finding legitimate and regulated brokers and financial service providers. VerifiedBrands.io connects traders, licensed Forex brokers, technology providers, and affiliates in a secure and trusted digital marketplace.

“Our mission is simple — to eliminate fraud and scams from the Forex industry and give traders, investors, and partners a reliable ecosystem where only regulated and verified companies are listed,” said Anthony, the founder of VerifiedBrands.io.

VerifiedBrands.io verifies and lists only Regulated Forex brokers and compliant financial technology providers, offering a single platform for:

Traders seeking trusted brokers and services

Companies looking for high-quality leads and exposure

Technology providers offering white-label solutions, trading infrastructure, CRM systems, Liquidity Solutions, Payment Gateways , API solutions

Affiliates and partners wanting to work with compliant, reputable firms

The platform also provides tools and resources to help traders and partners compare, connect, and collaborate confidently, making it a first-of-its-kind ecosystem for the Forex community.

With the global Forex industry estimated at over $6 trillion in daily trading volume, VerifiedBrands.io aims to build a safer, more transparent trading environment and empower investors and traders worldwide to make informed decisions.

For more information, visit www.VerifiedBrands.io

Continue Reading

Business News

LB Finance to enter Philippines market through subsidiary

Published

on

By

LB Finance PLC, a Sri Lankan Non-Bank Financial Institution (NBFI), has received regulatory approval from the Central Bank of Sri Lanka to establish a wholly owned subsidiary in the Philippines.

In a corporate disclosure to the Colombo Stock Exchange, the company said the Director of the Department of Supervision of Non-Bank Financial Institutions granted approval on 11 December to set up the subsidiary under the name LB Finance Philippines Inc.

Continue Reading

Business News

Commonwealth Enterprise and Investment Council expresses solidarity with Sri Lanka

Published

on

By

The Commonwealth Enterprise and Investment Council (CWEIC) has conveyed its condolences to Sri Lanka over the loss of life and extensive damage caused by Cyclone Ditwah, urging all Commonwealth nations to support the country’s recovery as the scale of devastation continues to unfold.

In a statement signed by CWEIC Chairman Lord Marland and Deputy Chairman Lord Swire, the council said: On behalf of the Commonwealth Enterprise and Investment Council, we extend our sincere condolences to the President and people of Sri Lanka for the tragic loss of life and the widespread destruction caused by Cyclone Ditwah.

With the death toll now exceeding 300, hundreds more people missing, and thousands left without homes or livelihoods, the impact on your nation is devastating, and affecting all parts of the country.

As Commonwealth friends, we acknowledge the suffering that Sri Lanka has already endured through natural disasters; floods, droughts, landslides, and the 2004 tsunami.

Sri Lanka has survived through the extraordinary efforts of countless volunteers and ordinary people. Once again, we see this remarkable resilience and cooperation from Sri Lankans who are working to restore order, basic services, and supplies where possible.

We appeal to all Commonwealth countries to support the recovery efforts, and we will keep Sri Lanka in our thoughts and prayers at this difficult time. CWEIC has a significant presence in Sri Lanka, and our Strategic Partners stand ready to assist in any way we can during this difficult time. We will continue to support international efforts and appeal to Commonwealth nations to contribute to Sri Lanka’s recovery.

Continue Reading
Advertisement

Trending