FINTREX FINANCE

Fintrex Finance is owned by Bluestone 1, backed by a consortium of world-class investors including global insurance giant Fairfax Holdings, which holds 70 percent; and MAS Holdings and Hirdaramani Group, two leading Sri Lankan conglomerates, which own 12 percent each. Fintrex offers financial solutions to aspiring SMEs and has been able to capture a sizeable market share over the years, demonstrating consistent growth in its lending portfolio. It is committed to nurturing loyalty, trust and long-term relationships with its customer base, and has enjoyed success in attracting and retaining loyal customers.

Q: How does workplace respect grow admiration for entities to become employers of choice?
A: Respect is a key requirement for any healthy work environment. When everyone respects the next person and the roles they play, it increases the productivity and efficiency of organisations.

When employees are aware that the organisation values and appreciates their skills, competencies and achievements, they take more interest in the business and ultimately become a part of its success.

Fintrex’s work culture, which resulted in ‘Great Place to Work’ certifications in 2021 and 2022, is built upon mutual respect where all employees are recognised and respected for their contributions – regardless of their positions in the organisational hierarchy.

Q: How much is social responsibility a part of the ‘corporate respect’ equation?
A: Upon understanding the responsibility, Fintrex is committed to its obligations towards the community. We have undertaken various projects despite economic challenges and volatility in the country’s state of affairs.

As part of our CSR efforts, we renovated the meeting/dining-hall, which was an urgent need at Vajira Sri Children’s Development Center in Pitakotte, and celebrated Christmas with the children. There was a talent show and gifts from Santa Claus.
We established a complete drinking water supply system at Padaviya Mahasenpura Maha Vidyalaya in Anuradhapura recently whilst fully refurbishing the school’s library. We donated stationery, reading materials and other necessities for the schoolchildren’s use.

During the outbreak of the COVID-19 pandemic, we partnered with the Ministry of Health to propagate a series of health and safety messages to the general public by erecting hoardings at 20 strategic locations. These are some of the many ways Fintrex gives back to the nation.

Q: How does a corporate’s commitment to continuous innovation help it to garner respect?
A: The choice facing corporates today is simple: innovate or perish. Those that will survive today’s economic environment and succeed in tomorrow’s are the ones who are willing to reinvent themselves continually.

Innovation is one of the core values of Fintrex. As a young player in the country’s financial services industry, continuous innovation is the driving force fuelling our growth. It garnered us the title ‘Fastest Growing Finance Company in Sri Lanka’ at the International Business Magazine Awards for 2021.

Since inception, we have continually reinvented our internal procedures in response to what we learn as we do business, aiming to provide customers with a seamless experience and faster turnaround times. As a result, we have digitalised over 90 percent of our processes without compromising our quality of service or the governance structure. This has earned us the respect of customers, as well as employees and other stakeholders.

Q: What are the main attributes of your business’ image?
A: Reflecting the entity’s potential to create value across a multitude of stakeholder groups, the term ‘Fintrex’ was crafted with a combination of the words ‘financial entrepreneurs’ and ‘experts.’

This unique brand identity is one of the key attributes of our business. Our vision, mission and values revolve around delivering customised financial solutions to customers, and taking our unique brand identity forward.

Fintrex has an eminent board of directors that includes Ajit Gunewardene, Ronnie Peiris, Shantanu Nagpal, Ahamed Sabry Ibrahim, Shrihan Perera, Nilam Jayasinghe and K. Sivaskantharajah, who are well respected professionals in the corporate arena.

The strategic road map for Fintrex is to embrace technology to improve efficiencies, and cater to emerging business needs and aspirations of modern clients on technology driven platforms. Digitalisation of operations places Fintrex in a position to minimise its environmental footprint to ensure sustainable operations.