| Founded | 2018 |
|---|---|
| Closed | 2022 |
| Country | Sri Lanka |
| Sector | Fintech |
| Collapse type | Regulatory Kill |
CeylonPay
"Sri Lankan digital payments startup wiped out by the 2022 economic collapse and IMF crisis"
Forced closure by regulatory action
Key Events Timeline
CeylonPay built a QR-based digital payments platform for Sri Lankan merchants, reaching 18,000 merchant terminals and 250,000 app users.
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