The Mifos Initiative

End Poverty One Line of Code at a Time

Technologies
mysql, android, java, spring, angular
Topics
web, big data, cloud, fintech, mobile banking
End Poverty One Line of Code at a Time

Our mission is to democratize financial services worldwide by fueling community-led innovation on top of an open source core banking platform enabling the effective & efficient delivery of digital financial services (DFS) to the poor. Our unprecedented approach unites financial institutions, local technology partners & volunteer developers to collectively advance open source banking infrastructure to sustainably build impactful innovations in digital financial services.

More than 13 million clients are being reached by 350 financial institutions & fintech innovators who use the Mifos software to power their operations across 40+ countries. They are supported by a global community of 100 deployment partners & hundreds of volunteers.

For the past 15 years, we’ve been at the forefront of transformative technology, building an end to end open source stack for DFS. Our technology stack provides complete banking infrastructure that is cloud-native, mobile-enabled & scalable to billions that are underbanked. Think of our stack as a set of Open Source Lego Blocks for DFS including flexible account management, Mifos X, leveraging Open Source Core Banking APIs from Apache Fineract and Fineract CN, integrating with digital payment rails like Mojaloop, delivered via web & mobile apps through Open Banking APIs.

You'll work with a global community of brilliant minds guided by our shared vision of creating a world of 3 Billion Maries. You'll be mentored by leading fintech developers to build cutting edge innovation:

  • Mobile Wallets & Mobile Banking Apps via SMS, USSD, & Android
  • Android Apps to empower field officers to effectively serve the poor
  • New apps leveraging AI and machine learning
  • Angular web apps for managing the back office of a financial institution
  • Cutting edge web apps for self-service banking for the poor
  • Cloud-native, enterprise banking architecture
  • Microservice orchestration tools like our Payment Hub to integrate with real-time payment systems like Mojaloop.
2020 Program

Successful Projects

Contributor
Yash Khare
Mentor
Rahul Goel, Nayan Ambali
Organization
The Mifos Initiative
Computer Vision Based PPI Tool Version 2.0
The Poverty Probability Index (PPI) is a poverty measurement tool for organizations and businesses with a mission to serve the poor. A PPI survey...
Contributor
Subham Pramanik
Mentor
Avik Ganguly, Manoj VM, Sanyam Goel
Organization
The Mifos Initiative
Build GSMA Mobile Money API Connector for Mifos Payment Hub
As part of our DIAL-funded project to integrate Mifos with the open source Mojaloop payments platform the team from DPC consulting built out a...
Contributor
Chinmay Kulkarni
Mentor
Ishan Khanna, Rajan Maurya
Organization
The Mifos Initiative
Mifos Android SDK
Mifos Android SDK is a library focused on providing a simple interface to interact with the Apache Fineract 1.x Platform APIs. Currently, in all the...
Contributor
Abhijeet Khangarot
Mentor
Pranjal Goswami, Gaurav Saini, Giorgio Zoppi
Organization
The Mifos Initiative
Implementing Digital Bank/Challenger Bank for staff (back-office) on Fineract CN
Apache Fineract CN is an Application Framework for Digital Financial Services. It is a system to support nationwide financial transactions and to...
Contributor
Ashutosh Sharma
Mentor
Gaurav Saini, bharath gowda
Organization
The Mifos Initiative
Implementing configuration wizard in the web app and additional screens and workflow in Payment Hub EE Operations UI app.
The project aims to implement a configuration wizard in the web app for the ease of new users to understand the workflow of web app and initial...
Contributor
Mehul Arora
Mentor
Lalit Mohan Sanagavarapu
Organization
The Mifos Initiative
Computer Vision Based PPI Tool Version 2.0
The Poverty Probability Index (PPI®) is a poverty measurement tool for organizations and businesses with a mission to serve the poor. The PPI is...
Contributor
Ankur Sharma-1
Mentor
Shivansh Tiwari, Naman Dwivedi
Organization
The Mifos Initiative
Mifos Open Banking Framework & Application
Open Banking is seen as the Future of Fintech as it is revolutionising the way we manage our money. Mifos Open Banking Application would re-energise...
Contributor
Shashank Priyadarshi
Mentor
Tarun Mudgal, Abhilash Gunasegaran
Organization
The Mifos Initiative
Android Field Operations
Android Field operation application based on Mifos X is a robust core banking platform that is developed for field officers using which they process...
Contributor
Rahul Pawar
Mentor
Rahul Goel, Manoj VM, Nikhil Pawar
Organization
The Mifos Initiative
Credit Bureau Integration Phase 3
Credit Bureau Integration Phase 3 will aim to extend the modules and also to create a base infrastructure.
Contributor
Ahmad Jawid Muhammadi
Mentor
Rajan Maurya, Saksham Handu
Organization
The Mifos Initiative
Fineract CN Mobile 4.0
Fineract-CN-Mobile is an Android app for Digital Financial services, that is built on top of the FIneract-CN platform. It provides banking solutions...
Contributor
Shivangi Singh
Mentor
Ishan Khanna, Sashank Mishra-1
Organization
The Mifos Initiative
Mifos Mobile 5.0
Mifos Mobile is a mobile banking app that allows financial institutions using MifosX or Apache Fineract to provide an omnichannel banking experience...
Contributor
Muskan Khedia
Mentor
abhaychawla, Jivjyot Singh
Organization
The Mifos Initiative
Mifos X Web App Angular 7 Rewrite
Mifos X is a platform for delivering financial services. Mifos web-app serves as the main view of the financial platform. It is a revamped version of...
Contributor
Garvit Agarwal
Mentor
Abhijit Ramesh
Organization
The Mifos Initiative
Mifos Mobile CN 3.0 - Mobile Banking App for Fineract CN
Mifos Mobile CN is a reference mobile banking app on top of the Apache Fineract CN architecture, which allows a client to securely authenticate...
Contributor
Ashwin Ramakrishnan
Mentor
Rajan Maurya, Saksham Handu
Organization
The Mifos Initiative
Conversion of Mifos Mobile to Kotlin
Mifos Mobile is an Android Application built on top of the MifosX Self-Service platform for end-user customers to view/transact on the accounts and...
Contributor
Devansh Aggarwal
Mentor
Shivansh Tiwari, Naman Dwivedi, RahulJha
Organization
The Mifos Initiative
Mobile Wallet - Android Application Version 4.0
Mobile Wallet is an Android-based framework for digital wallet use cases based on top of the Apache Fineract 1.x platform. The project follows the...
Contributor
Manish Kumar-M
Mentor
Ankit Ojha
Organization
The Mifos Initiative
Online Banking App 4.0
Propsosal to bring up the Online banking app utilising self service APIs and Open Banking Standards
Contributor
Karan Takalkar
Mentor
abhaychawla, Jivjyot Singh
Organization
The Mifos Initiative
Mifos X Web App Angular 7 Rewrite
Mifos X Web App is the revamped version of the Mifos X Community App, an effective financial inclusion solution and the default web application built...