Softlogic Finance

What Softlogic Finance does

Softlogic Finance PLC is a publicly listed, Central Bank of Sri Lanka (CBSL) Licensed Registered Finance Company that provides consumer and small-business credit and deposit products through a 15-branch network across Sri Lanka. Its core offerings include vehicle and equipment leasing, gold-backed loans, fixed deposits and savings, and personal loans, with an online payment portal (ipg.softlogicfinance.lk) and a mobile application providing an additional digital channel. Revenue is generated primarily through interest margin between deposit and lending rates and recurring interest income from leasing and gold-loan portfolios.

The firm operates a sales-led go-to-market model in which branch-based staff originate and service relationships, supported by the website, online payment infrastructure, and corporate communications. Pricing for lending and deposit products is not publicly disclosed and is set by product, tenure, and customer profile. Softlogic Finance is part of the broader Softlogic Group ecosystem, alongside Softlogic Capital PLC (its former parent), Softlogic Life, Softlogic Stockbrokers, and Softlogic Invest, and carries a 'B' credit rating from LRA Limited.

Following a prior loss-of-capital situation and the imposition of CBSL lending and deposit caps, the company underwent a corporate turnaround in 2025–2026: the Central Bank lifted all caps in September 2025, the firm strengthened its capital base and recruited a new CEO (Dhanushka Fonseka) in June 2025 along with additional senior management, investor Hardy Jamaldeen acquired approximately 7% from the parent for over Rs. 325 million via CSE transactions in February 2026, and the company returned to the Main Board of the Colombo Stock Exchange in March 2026 after complying with minimum public holding requirements.

Name

Softlogic Finance

Legal name

Softlogic Finance PLC

Website

https://softlogicfinance.lk

Company type

Public

Founded year

2003

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Softlogic Finance PLC is a Central Bank of Sri Lanka-licensed finance company offering leasing, gold loans, fixed deposits and savings, and personal loans to individual consumers and small businesses across 15 branch locations in Sri Lanka.

Ownership category

akta.pro rank

Product category

Consumer Finance

NAICS

Sales Financing (52222), Savings Institutions and Other Depository Credit Intermediation (52218)

SIC

Finance Lessors (6172), Short-Term Business Credit Institutions (6153), Savings Institutions, Not Federally Chartered (6036)

akta.pro primary industry

Direct Lending — Specialty Finance (Consumer/SME Lending Platforms) (FSAHAJAF)

Keywords

• Consumer finance
• Vehicle leasing
• Gold loan services
• Fixed deposit savings
• Personal lending

Headquarters

HQ city

Colombo

HQ country

Sri Lanka

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Leasing Services: Vehicle and equipment leasing products generating recurring interest income and fee revenue.
2. Gold Loans: Secured personal loans against gold collateral with interest income as primary revenue.
3. Fixed Deposits & Savings: Deposit-taking business providing interest margin revenue through lending of deposited funds.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Softlogic Finance PLC is a CBSL-licensed Sri Lankan finance company offering vehicle and equipment leasing, gold-backed personal loans, fixed deposits and savings products, and unsecured personal loans. The company serves retail and SME customers across Sri Lanka through a network of 15 branches and an online payment portal.

Product overview

Softlogic Finance is a leading finance company in Sri Lanka offering a portfolio of core financial products including Leasing, Gold Loans, Fixed Deposits & Savings, and Personal Loans. The company has over 20 years of experience in the market and operates through 15 branch locations across Sri Lanka. The product portfolio centers on traditional lending and deposit-taking services with promotional campaigns for customer engagement.

Differentiator

Problem solved

Functional benefit

Products and services

• Leasing Vehicle and equipment leasing services offered to customers for personal and business growth purposes.
• Gold Loans Loan products secured against gold collateral, providing customers quick access to financing for personal needs.
• Fixed Deposits & Savings Savings and fixed deposit products allowing customers to grow their wealth with guaranteed returns through interest-bearing deposit accounts.
• Personal Loans Unsecured personal loan products for individual financial needs.

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• DFCC Bank PLC: Sri Lankan development finance institution (now a licensed commercial bank) offering SME lending, deposits, and project finance. A broader incumbent with overlapping SME/lending focus but wider service scope.
• Nations Trust Bank PLC: Sri Lankan licensed commercial bank offering consumer loans, leasing, deposits, and digital banking. Larger, more diversified incumbent competing for similar retail and SME customers as Softlogic Finance.

Direct peers

• HNB Finance PLC: Sri Lankan NBFC offering leasing, gold loans, fixed deposits, and personal loans with a multi-branch network. Closely overlaps Softlogic Finance's product offering and customer segments.
• Commercial Credit PLC: Sri Lankan NBFC focused on consumer finance, leasing, and deposits for individuals and SMEs. Comparable in customer profile and product range.
• LOLC Finance PLC: Sri Lankan NBFC within the LOLC Group providing leasing, microfinance, gold loans, and deposits. Directly comparable to Softlogic Finance in core NBFC product set and group-affiliated ecosystem.
• Central Finance PLC: CSE-listed Sri Lankan finance company focused on leasing, hire-purchase, and deposits. A like-for-like NBFC peer with similar branch-based distribution.
• Singer Finance (Sri Lanka) PLC: Sri Lankan CSE-listed NBFC offering leasing, hire-purchase, gold loans, fixed deposits, and personal loans with a similar island-wide branch-led distribution model. Directly comparable in product mix and target customer base to Softlogic Finance.
• People's Leasing & Finance PLC: One of Sri Lanka's largest NBFCs, with leasing as the flagship product alongside deposits, gold loans, and personal loans. Comparable business model and product portfolio to Softlogic Finance, with deeper scale.
• Citizen Development Business Finance PLC: Sri Lankan licensed finance company with SME and microfinance focus plus leasing and deposits. Highly comparable in SME lending orientation, which is a stated focus of Softlogic Finance.
• Assetline Finance PLC: Sri Lankan NBFC specializing in leasing, hire-purchase, and personal loans. Directly comparable in leasing-centric product set and customer profile.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/softlogicfinance
• LinkedInlinkedin.com/company/softlogic-finance-plc

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Softlogic Finance