PAYable Pvt Ltd Completes LKR 80 Billion in Transactions
Sri Lanka’s leading Fintech service provider announces appointment of Mr. Rajendra Theagarajah as Chairman of the Board.
PAYable Pvt Ltd, Sri Lanka’s leading nonbank digital payment services provider, reported robust performance in its 10 year journey with over LKR 80 Billion in transactions processed. The company also plans to launch a host of new innovations, showcasing consistent growth and reliability.
A move that signifies a major leap forward for PAYable, the company also announced the appointment of Rajendra Theagarajah as the new Board Chairman. A distinguished veteran in the banking and financial services sector, Mr. Theagarajah has been associated with PAYable since its inception, serving as an advisor. His elevated role as Chairman underscores his integral position in shaping the company’s strategic direction and future expansion.
Mr. Theagarajah, renowned for his leadership in financial services, has been at the forefront of promoting the growth of digital payment acceptance in Sri Lanka. The newly appointed Chairman has also held prestigious positions as Chairman of the Ceylon Chamber of Commerce, the Asian Bankers Association, the Association of Professional Bankers, and the Sri Lanka Banks Association, having served at international banking powerhouses such as Chase Manhattan Bank (now J P Morgan Chase) and Credit Agricole Indosuez and three vibrant local banking institutions. His extensive industry knowledge and leadership skills will contribute significantly to PAYable’s ongoing success.