The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney is part of the Euromoney Institutional Investor PLC
South Asia

Sri Lanka: Hatching a fintech fort

Jeevan Gnanam, scion of a grand Sri Lankan business family, is driving financial sector modernization and helping to revitalise a once-thriving part of the capital.

Hatch-founders-Sri-Lanka-mag-960.jpg
Hatch’s founders (L-R Brindha Selvadurai, Jeevan Gnanam, Nathan Sivagananathan) want it to be ‘a one-stop shop for everything’

Hatch.lk is a combination of technology incubator and co-working space, and a good example of how much has changed in Sri Lanka in recent years.

It is a new venture that symbolises the possibility of modern Sri Lanka: confident and cool, blind to religion, race and gender, and not poisoned by politics. And it is well-equipped to nurture tech startups from its offices, one in Colombo’s downtown Fort district and the other in Jaffna, the main city in the island’s war-ravaged and now re-emerging Tamil north.

Colombo’s Fort district was once a thriving, south Asian Wall Street. But it became an economic target for the Tamil Tigers during a 26-year-long separatist conflict with the Sri Lankan state, and it suffered some of the war’s most devastating attacks: in 1996, a suicide bomb at Sri Lanka’s central bank killed 91, and a year later, an assault on the capital’s World Trade Centre, which housed banks, their regulators and the stock exchange, killed another 15.


You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree