LoanSharkBait
Back to companies

Company profile

Fino.lk

Not a CBSL-licensed finance company12Poor
Status
Not on CBSL registerConfirmedSource:Not found on CBSL's Licensed Finance Companies list (as at 27.05.2026) or Registered Finance Leasing Establishments list (as at 10.06.2026), searched by entity name and registration number PV00221752 on 2026-06-22; accessed 2026-06-22
Registered entity
S F Group (Private) LimitedConfirmedSource:Fino Loan Agreement No. 31923406510 (project owner's redacted primary document, 2026-05-19); fino.lk privacy policy, accessed 2026-06-22
Registration no.
PV00221752ConfirmedSource:Fino Loan Agreement No. 31923406510 (project owner's redacted primary document, 2026-05-19); fino.lk privacy policy, accessed 2026-06-22
Parent / group
SF Capital SG PTE. LTD / Sun Finance Group, Singapore / LatviaReportedSource:fino.lk about/footer pages, accessed 2026-06-22; Sun Finance Group Consolidated Annual Report for the year ended 31.12.2024, signed 2025-06-27, accessed 2026-06-22; Sunday Times, "Online loans trap borrowers in cycle of unregulated debt", 2025-03-23, accessed 2026-06-22
Aliases / sister apps
Monigo (same registered entity, PV00221752)ConfirmedSource:Fino Loan Agreement No. 31923406510 (project owner's redacted primary document, 2026-05-19); monigo.lk T&C, accessed 2026-06-22

What they advertise

Marketing claims are shown as the lender's claims, with confidence labels and citations.

  • Personal loans up to LKR 150,000

    ConfirmedSource:Fino Google Play listing, updated 2026-03, accessed 2026-06-22

  • Fast application and bank-account transfer, with no collateral or guarantor presented in the listing

    ConfirmedSource:Fino Google Play listing, updated 2026-03, accessed 2026-06-22

  • Website positions Fino as a low-interest online-loan service

    ConfirmedSource:fino.lk pages and Google Play listing, accessed 2026-06-22

  • Promo-code and discount framing appears in the documented Fino loan flow/agreement

    ConfirmedSource:Fino Loan Agreement No. 31923406510 (project owner's redacted primary document, 2026-05-19)

What the fine print says

Each claim is paired with the documented reality or the current placeholder evidence.

Advertised claim

0% / below 1% interest

Fine print reality

Interest is genuinely 0% — but the entire cost is loaded into a 'Loan Service Fee'. On the documented loan this fee was LKR 79,200 on LKR 150,000 principal: 52.8% of the principal for the term.

Clause 4.2; Special Terms

ConfirmedSource:Fino Loan Agreement No. 31923406510 (project owner's redacted primary document, 2026-05-19)

Advertised claim

First-loan promo / discount

Fine print reality

Any discount is revoked if repayment is delayed by 3 or more days, restoring the full service fee.

Clause 4.7

ConfirmedSource:Fino Loan Agreement No. 31923406510 (project owner's redacted primary document, 2026-05-19)

Advertised claim

Simple, fast repayment

Fine print reality

Extending the due date costs 20% / 35% / 60% of the principal for a 7 / 14 / 30-day extension. Late payment adds 10% of unpaid principal on days 3, 6, 11, 16 and 30 after the due date.

Special Terms; Clause 4.5

ConfirmedSource:Fino Loan Agreement No. 31923406510 (project owner's redacted primary document, 2026-05-19)

Advertised claim

Easy exit if you change your mind

Fine print reality

A 24-hour withdrawal right (return principal only, no fee) exists but is buried in the terms; after 24 hours the full service fee applies even if you repay early.

Clauses 2.6, 6.4

ConfirmedSource:Fino Loan Agreement No. 31923406510 (project owner's redacted primary document, 2026-05-19)

Advertised claim

Private and personal

Fine print reality

The lender may contact people listed as references, the borrower's employer, and phone contacts via SMS/WhatsApp/automated calls; may assign the debt and disclose borrower data to third parties within or outside Sri Lanka.

Clauses 3.2, 5.4, 10h, 16.2

ConfirmedSource:Fino Loan Agreement No. 31923406510 (project owner's redacted primary document, 2026-05-19)

Hard to find

Ownership, licensing, cost, permissions, and other buried facts that matter to borrowers.

Data and app permissionsCRIBCBSL register

  • Real effective cost (APR)

    A 52.8% service fee over the documented ~22-day term is roughly 876% simple annualised (0.528 × 365 ÷ 22), and far higher if rolled over. The '0%' headline refers only to the interest line.

    ConfirmedSource:Fino Loan Agreement No. 31923406510 (project owner's redacted primary document, 2026-05-19) (special terms)

  • Who owns it

    Operated in Sri Lanka by S F Group (Private) Limited (reg. PV00221752), the same registered entity used by Monigo. Fino's public footer says S F Group is a subsidiary of SF Capital SG PTE. LTD in Singapore; Fino's about page says S F Group is part of Sun Finance Group in Latvia; Sun Finance's annual report lists SF Capital SG as a group entity. The ownership chain is therefore shown as S F Group -> SF Capital SG -> Sun Finance Group, with the lender self-published link treated as reported.

    ReportedSource:Fino Loan Agreement No. 31923406510 (project owner's redacted primary document, 2026-05-19); monigo.lk T&C, accessed 2026-06-22; fino.lk about/footer pages, accessed 2026-06-22; Sun Finance Group Consolidated Annual Report for the year ended 31.12.2024, signed 2025-06-27, accessed 2026-06-22; Sunday Times, "Online loans trap borrowers in cycle of unregulated debt", 2025-03-23, accessed 2026-06-22

  • Regulatory status

    S F Group (Private) Limited was not found on CBSL's Licensed Finance Companies list or Registered Finance Leasing Establishments list when searched by entity name and registration number PV00221752 on 2026-06-22. This records register absence only; it is not a legal conclusion about whether the app is required to hold that licence.

    ConfirmedSource:Not found on CBSL's Licensed Finance Companies list (as at 27.05.2026) or Registered Finance Leasing Establishments list (as at 10.06.2026), searched by entity name and registration number PV00221752 on 2026-06-22; accessed 2026-06-22

  • The CRIB threat

    The terms say default may be reported to credit bureaus / credit-rating agencies (clause 13.2e). Whether an unlicensed lender can lawfully list a borrower in CRIB is contested — see Your Rights.

    AllegedSource:Fino Loan Agreement No. 31923406510 (project owner's redacted primary document, 2026-05-19), clause 13.2e; CRIB rules discussed on /rights

  • Loans by phone call

    Loans can be requested and 'signed' via a voice call, with the agreement generated afterward; the lender may record calls as evidence.

    ConfirmedSource:Fino Loan Agreement No. 31923406510 (project owner's redacted primary document, 2026-05-19), recitals A-B and clauses 1, 2.4

  • Where your data can go

    Borrower data may be transmitted and stored by the lender's group within or outside Sri Lanka, and shared with third parties it deems necessary.

    ConfirmedSource:Fino Loan Agreement No. 31923406510 (project owner's redacted primary document, 2026-05-19), clause 16.2

  • Access to contacts / references

    Stated as references the lender may verify and contact.

    Enables pressure on third parties who never agreed to anything; a legitimate personal loan does not require contacting your phone contacts.

    ConfirmedSource:Fino Loan Agreement No. 31923406510 (project owner's redacted primary document, 2026-05-19), clauses 3.2 and 5.4

  • Additional app-device permissions

    Not independently audited in this repo.

    No app-permission artifact was available, so the published finding is limited to the agreement's confirmed third-party contact rights.

    ReportedSource:No repo-local Android permission audit available on 2026-06-22; Fino Google Play listing reviewed

Per-app fee calculator

ConfirmedSource:Fino Loan Agreement No. 31923406510 (project owner's redacted primary document, 2026-05-19)

Service feeAPR / annual percentage rateRollover / extension

Fino.lk cost check

Change the amount and term to see the documented fee model applied to your own number.

Service fee
LKR 5,280
Interest
LKR 0
Total repayable
LKR 15,280
Simple APR
642.4%
Rollover APR
812%

Formula: ((service fee 52.8% + daily interest 0% x days) / amount) x (365 / days).

10% of unpaid principal charged on days 3, 6, 11, 16 and 30 after the due date (clause 4.5).

Score breakdown

The overall score is calculated from these per-dimension values.

Fino.lk score breakdown
DimensionScoreEvidence
Pre-contract cost transparency0/4

The owner-reported recorded session says disbursement and acceptance occurred while the app was still on the promo-code screen; no repo-local footage was available for independent confirmation, so this remains reported and scored at the lower supported level.

ReportedSource:Project owner account of recorded session; private footage not present in repo, reviewed as unavailable on 2026-06-22
Rate-disclosure honesty0/4

Stated interest is 0%, but a Loan Service Fee of 52.8% of principal applied for the term (clause 4.2 + special terms).

ConfirmedSource:Fino Loan Agreement No. 31923406510 (project owner's redacted primary document, 2026-05-19), clause 4.2 + special terms
Consent / confirmation flow0/4

The agreement treats the verification code as the borrower's electronic signature, while the owner-reported session says funds were disbursed before a confirmation screen; private footage was unavailable, so the flow evidence is reported.

ReportedSource:Fino Loan Agreement No. 31923406510 (project owner's redacted primary document, 2026-05-19), clause 16.1; project owner account of recorded session, 2026-06-22
Data & permissions1/4

T&C reserves the right to contact references, the borrower's employer, and phone contacts via SMS/WhatsApp/calls.

ConfirmedSource:Fino Loan Agreement No. 31923406510 (project owner's redacted primary document, 2026-05-19), clauses 3.2 and 5.4
Collection-threat language1/4

T&C permits assignment/sale of the debt and data to third parties, engagement of collection agencies, and third-party contact rights.

ConfirmedSource:Fino Loan Agreement No. 31923406510 (project owner's redacted primary document, 2026-05-19), clauses 3.2, 5.4, 10h, 10i, and 16.2
CRIB representations1/4

T&C states default may be reported to credit bureaus or credit-rating agencies; no evidence in the repo shows a lawful CRIB-listing pathway for this entity.

AllegedSource:Fino Loan Agreement No. 31923406510 (project owner's redacted primary document, 2026-05-19), clause 13.2e; CRIB rules discussed on /rights
Licensing transparency2/4

Discloses a private-company entity and registration number, but the entity/register number was not found on the checked CBSL LFC/RFLE pages and the site does not clearly explain the licensing distinction.

ConfirmedSource:Fino Loan Agreement No. 31923406510 (project owner's redacted primary document, 2026-05-19); Not found on CBSL's Licensed Finance Companies list (as at 27.05.2026) or Registered Finance Leasing Establishments list (as at 10.06.2026), searched by entity name and registration number PV00221752 on 2026-06-22; accessed 2026-06-22

Terms Tracker

Chronological snapshots of the terms and a diff against the previous snapshot.

Terms TrackerAssignment

  1. 2026-05-19

    ConfirmedSource:Fino Loan Agreement No. 31923406510 (project owner's redacted primary document, 2026-05-19)

    Baseline snapshot from the project owner's own redacted agreement.

    interestPct
    0
    serviceFeePct
    0.528
    extension
    7d 20% / 14d 35% / 30d 60% of principal
    lateFee
    10% of unpaid principal on days 3, 6, 11, 16, 30 after due date
    withdrawalWindowHrs
    24
    graceSumLkr
    250
    governingLaw
    Electronic Transactions Act No. 19 of 2006, as amended by Act No. 25 of 2017
    languagePrecedence
    English text prevails (clause 16.16)

    Baseline snapshot

    This is the first recorded snapshot for this lender.

Right of reply

Right of reply

This company may submit a response. If a response is received, it will be published here fairly and in context.

Sources

Primary documents, lender pages, official registers, and reporting used by this page.

  1. Fino Loan Agreement No. 31923406510 (project owner's own, 19 May 2026)primary-document
    Confirmed
  2. Reported
  3. Reported
  4. Reported
  5. Confirmed
  6. Confirmed
  7. Confirmed
  8. Confirmed
Being harassed? Get help