SL startup acquires Japanese investment, launches Onepay payment gateway


Sri Lankan company Spemai (Pvt) Ltd. was able to attract Japanese investment and launch its mobile payment application Onepay. One of the few mobile payment applications to be produced by a Sri Lankan Startup driven by entrepreneur Amila Fernando, Onepay is intended to be Sri Lanka’s first super app for consumers to enjoy multiple benefits as a one-stop, going beyond transactions.

Following the Onepay app, which was successfully launched a year ago, the company launched Onepay payment gateway recently. With this, Spemai boasts of launching two major platforms to the markets within a span of a year. This was a major step in their business strategy of becoming one big force in the fin-tech industry locally and globally.

Enabling the traditional role of a bank to be facilitated by a third party, Onepay Payment Gateway has simplified the process for both the merchant and the customer, says Amila Fernando, CEO and Co-Founder of Spemai (Pvt) Ltd.

Mr. Fernando’s long term association with Japan, where he completed his higher studies, attracted investment for his startup which is supporting sustainable growth of Sri Lankan businesses and the economy. Today Spemai has also set up a branch in Japan.

Onepay is also targeting a market segment, which is so far not covered by similar technology, remarks Spemai’s Head of Marketing & Channel Development, Anuradha Uswattage.

“Our research shows that although customers across the island are keen to obtain such a facility, accessibility is a challenge and we strive to bridge this gap.

Moreover we always gear ourselves to provide the human touch to technology by leveraging our customer service to be of superior standards,” says Mr. Uswattage

Onepay, which can be obtained through Spemai website and their Instagram facilities, is working towards some more exciting innovations to be released including a mobile app in coming months.