Company profile
LoanMe.lk
- 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 names and registration numbers PV00224207, PV00227242, and PV119833 on 2026-06-22; accessed 2026-06-22
- Registered entity
- Fintech Software Solutions (Private) LimitedConfirmedSource:loanme.lk live site pages, accessed 2026-06-22
- Registration no.
- PV00224207ConfirmedSource:loanme.lk live site pages, accessed 2026-06-22; LoanMe Google Play listing, updated 2025-01-08, accessed 2026-06-22 discrepancy noted
- Parent / group
- Not establishedReportedSource:No parent established in checked LoanMe site/Google Play materials, accessed 2026-06-22
- Aliases / sister apps
- None confirmedReportedSource:Project owner account of LoanMe referral/defunct status, recorded for P3b review on 2026-06-22; loanme.lk live site pages, accessed 2026-06-22 and LoanMe Google Play listing, updated 2025-01-08, accessed 2026-06-22 still appeared active
What they advertise
Marketing claims are shown as the lender's claims, with confidence labels and citations.
Instant cash loans up to Rs 80,000 in 15 minutes
ConfirmedSource:loanme.lk live site pages, accessed 2026-06-22First loans up to Rs 18,000 and repeat loans up to Rs 80,000
ConfirmedSource:loanme.lk live site pages, accessed 2026-06-22Loyalty Club and seasonal offers with discounts up to 50% on fees
ConfirmedSource:loanme.lk live site pages, accessed 2026-06-22
What the fine print says
Each claim is paired with the documented reality or the current placeholder evidence.
Advertised claim
Discounts up to 50% on fees
Fine print reality
Discount eligibility is conditional on paying prior loans on time within a specific window; pay early or late and the discount is forfeited.
loanme.lk loyalty terms
ConfirmedSource:loanme.lk live site pages, accessed 2026-06-22Advertised claim
Low headline cost
Fine print reality
Disclosed APR runs 91.98%–183.96%; a Rs 8,000 / 90-day example accrues Rs 3,600 interest (0.5%/day) for Rs 11,600 total.
loanme.lk representative example
ConfirmedSource:loanme.lk live site pages, accessed 2026-06-22; LoanMe Google Play listing, updated 2025-01-08, accessed 2026-06-22Advertised claim
Straightforward agreement with LoanMe
Fine print reality
Disputes are resolved exclusively by arbitration; the actual lender is a separate entity (Digital Lending Pvt Ltd) from the platform brand.
loanme.lk T&C
ConfirmedSource:loanme.lk live site pages, accessed 2026-06-22Hard to find
Ownership, licensing, cost, permissions, and other buried facts that matter to borrowers.
Two companies, one brand
The 'LoanMe' platform is operated by Fintech Software Solutions (Pvt) Ltd (PV00224207), while the actual lender is a separate company, Digital Lending (Pvt) Ltd (PV00227242). Address: No. 321, Galle Road, Colombo 00300.
ConfirmedSource:loanme.lk live site pages, accessed 2026-06-22Registration-number discrepancy
LoanMe's site/T&C cite PV00224207 (Fintech Software Solutions), but the LoanMe Google Play listing's 'About' text cites PV119833. This confirms a registration-number mismatch across checked LoanMe public surfaces.
ConfirmedSource:loanme.lk live site pages, accessed 2026-06-22; LoanMe Google Play listing, updated 2025-01-08, accessed 2026-06-22PV119833 reconciliation
PV119833 is publicly documented for Lendtech Lanka (Private) Limited — operator of the CashWagon brand, a different entity — so the LoanMe Play listing's PV119833 appears to be stale or misattributed boilerplate rather than LoanMe's own registration. This reconciliation rests on company/aggregator sources, not a Registrar of Companies extract.
ReportedSource:LoanMe Google Play listing, updated 2025-01-08, accessed 2026-06-22; online-loan.lk CashWagon company page tying PV119833 to Lendtech Lanka (Private) Limited (CashWagon brand), accessed 2026-06-23; not Registrar-of-Companies-verifiedReferral funnel / current status
On 2026-06-23 Asia/Colombo, the live loanme.lk apply/login buttons routed through a Sun Finance affiliate tracker (sunfinance.go2cloud.org) that resolved to fino.lk — i.e. into the S F Group / Sun Finance funnel — rather than a native LoanMe loan flow. The project owner had separately reported LoanMe as effectively defunct and referring borrowers to Monigo (same operator, S F Group). The standalone Android app may retain its own flow. Treated as a reported, point-in-time observation, not proof of ownership.
ReportedSource:loanme.lk apply/login buttons routing through the Sun Finance affiliate tracker sunfinance.go2cloud.org (offer_id=80, source=loanme_o), which resolved to fino.lk; observed 2026-06-23 Asia/Colombo; Project owner account of LoanMe referral/defunct status, recorded for P3b review on 2026-06-22; loanme.lk live site pages, accessed 2026-06-22; LoanMe Google Play listing, updated 2025-01-08, accessed 2026-06-22Regulatory status
Fintech Software Solutions (Private) Limited and Digital Lending (Private) Limited were not found on CBSL's Licensed Finance Companies list or Registered Finance Leasing Establishments list when searched by entity names and registration numbers PV00224207, PV00227242, and the Google Play-disclosed PV119833 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 names and registration numbers PV00224207, PV00227242, and PV119833 on 2026-06-22; accessed 2026-06-22App permissions
Stated for online application, identity, bank details, employment/eligibility, and app operation.
Google Play data-safety disclosures include location, personal data, app activity, app info/performance, and device identifiers; exact device permissions were not independently audited in the repo.
ReportedSource:LoanMe Google Play listing, updated 2025-01-08, accessed 2026-06-22; no repo-local current app-permission audit available on 2026-06-22
Per-app fee calculator
ConfirmedSource:loanme.lk live site pages, accessed 2026-06-22; LoanMe Google Play listing, updated 2025-01-08, accessed 2026-06-22LoanMe.lk cost check
Change the amount and term to see the documented fee model applied to your own number.
- Service fee
- LKR 0
- Interest
- LKR 1,500
- Total repayable
- LKR 11,500
- Simple APR
- 182.5%
- Rollover APR
- 196.2%
Formula: ((service fee 0% + daily interest 0.5% x days) / amount) x (365 / days).
No separate late-fee schedule was located in checked public LoanMe materials; current calculator uses the disclosed daily-rate cost only.
Score breakdown
The overall score is calculated from these per-dimension values.
| Dimension | Score | Evidence |
|---|---|---|
| Pre-contract cost transparency | 2/4 | The live site and Play listing disclose APR, rate formula, and a total-repayable example, but no repo-local app-flow footage was available to confirm a clear pre-commit confirmation step. ConfirmedSource:loanme.lk live site pages, accessed 2026-06-22; LoanMe Google Play listing, updated 2025-01-08, accessed 2026-06-22 |
| Rate-disclosure honesty | 4/4 | Discloses MIN APR 91.98% / MAX 183.96% and a representative example (Rs 8,000 over 90 days = Rs 11,600 total) on its own site. ConfirmedSource:loanme.lk live site pages, accessed 2026-06-22; LoanMe Google Play listing, updated 2025-01-08, accessed 2026-06-22 |
| Consent / confirmation flow | 2/4 | The public site says clicking Apply acknowledges the T&C and Privacy Policy; no app-flow footage was available to confirm a clearer terms-summary confirmation step before disbursement. ReportedSource:loanme.lk live site pages, accessed 2026-06-22; no repo-local current app-flow audit available on 2026-06-22 |
| Data & permissions | 2/4 | Google Play data-safety disclosures include location, personal information, app activity, app info/performance, and device/other IDs; no checked source showed contact-list or SMS harvesting rights. ReportedSource:LoanMe Google Play listing, updated 2025-01-08, accessed 2026-06-22; no repo-local current app-permission audit available on 2026-06-22 |
| Collection-threat language | 3/4 | Checked public materials show repayment, eligibility, and arbitration terms but no documented threat, public shaming, or CRIB leverage. ReportedSource:loanme.lk live site pages, accessed 2026-06-22 |
| CRIB representations | 4/4 | No CRIB-specific claim was located in checked public LoanMe site or Google Play materials. Private borrower communications were not available in the repo. ConfirmedSource:loanme.lk live site pages, accessed 2026-06-22; LoanMe Google Play listing, updated 2025-01-08, accessed 2026-06-22 |
| Licensing transparency | 1/4 | Two-entity structure (platform Fintech Software Solutions + lender Digital Lending) is not obvious to borrowers; CBSL licensing status not stated; a registration-number discrepancy appears across its own pages. ConfirmedSource:loanme.lk live site pages, accessed 2026-06-22; LoanMe Google Play listing, updated 2025-01-08, accessed 2026-06-22; 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 names and registration numbers PV00224207, PV00227242, and PV119833 on 2026-06-22; accessed 2026-06-22 |
Terms Tracker
Chronological snapshots of the terms and a diff against the previous snapshot.
2026-06
ConfirmedSource:loanme.lk public termsOperator/lender split and APR disclosure from LoanMe's own pages; Google Play registration-number discrepancy retained.
- platform
- Fintech Software Solutions (Pvt) Ltd, PV00224207
- lender
- Digital Lending (Pvt) Ltd, PV00227242
- address
- No. 321, Galle Road, Colombo 00300
- aprRange
- 91.98%–183.96% (disclosed)
- termDays
- 90–180
- disputeResolution
- Arbitration only
Baseline snapshot
This is the first recorded snapshot for this lender.
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.
- loanme.lk live site (accessed 2026-06-22)lender-siteConfirmed
- Confirmed
- Reported
- online-loan.lk CashWagon company page tying PV119833 to Lendtech Lanka (accessed 2026-06-23)journalismReported
- Project owner account of LoanMe referral/defunct status (recorded 2026-06-22)primary-documentReported
- CBSL Licensed Finance Companies list (as at 27.05.2026)official-registerConfirmed
- Confirmed