APIX Platform Partners with FASL to Bridge Colombo, Dubai, and Singapore Fintech Ecosystems
FASL via APIX Platform Launches Global Fintech Collaboration Linking Colombo to Dubai and Singapore Innovation Corridors
The Fintech Association of Sri Lanka (FASL) has announced the launch of a cross-border fintech innovation collaboration with Singapore-based global collaboration platform, APIX Platform developed by Synfindo Singapore Pte. Ltd., positioning Colombo within an emerging innovation corridor connecting South Asia, Southeast Asia, and the Middle East.
Introduced within the context of developing the Colombo International Financial Centre (CIFC) at Port City Colombo, the initiative reflects Colombo’s growing role as a neutral gateway between major global financial hubs. By integrating structured international fintech collaboration infrastructure into Sri Lanka’s ecosystem, FASL is reinforcing Colombo’s connectivity to established financial centres such as Singapore and Dubai, while strengthening South Asia’s participation in global financial innovation flows.
Through international collaboration with global financial institutions, multilateral agencies, and regulatory innovation programmes, the initiative expands Sri Lanka’s access to structured cross-border innovation platforms, including global TechSprint initiatives and institutional hackathon programmes. This creates direct pathways for Sri Lankan fintech innovators to engage with institutional networks spanning Asia, the Gulf, Europe, and emerging markets.
APIX operates as a global collaborative fintech innovation platform connecting more than 10,000 fintechs and developers across 90+ countries with financial institutions, regulators, and multilateral organisations to collectively accelerate innovation. Its ecosystem has supported programmes and engagements associated with leading global institutions including the Monetary Authority of Singapore (MAS), Swift, Reserve Bank of India (RBI), and G20 innovation initiatives. By embedding Colombo’s fintech ecosystem within these structured global innovation frameworks, the collaboration enhances Sri Lanka’s role within transnational financial innovation corridors.
APIX was initially founded by Monetary Authority of Singapore (MAS) and the International Finance Corporation (IFC), part of the World Bank Group. Today, APIX is backed by the LemmaTree Group (founded by Temasek) and Mastercard.
At the core of the initiative is APIX’s modular innovation infrastructure, including a Digital Sandbox environment for secure experimentation, a global API Marketplace facilitating fintech–financial institution collaborative experimentation, and structured hackathon and challenge management tools designed to accelerate technological solution validation and cross-border deployment.
The programme will be reintroduced during the Sri Lanka edition of the FinTech World Cup Regional Competition at Port City Colombo. With the global Grand Finale hosted during the Dubai FinTech Summit 2026, the initiative underscores Colombo’s strategic positioning within a broader Dubai–Singapore–Colombo fintech triangle — linking innovation, capital, and market access across three dynamic regions.
By fostering structured cross-border collaboration and strengthening institutional connectivity, FASL continues to contribute to Colombo’s long-term trajectory as an emerging offshore fintech and financial services hub serving South Asia and beyond.
About Fintech Association of Sri Lanka (FASL)
FinTech Association of Sri Lanka (FASL) is an independent, not-for-profit, and cross-industry organisation representing Sri Lankan and global FinTech community to support the development, innovation and investment in the FinTech sector. .