In the News
by Mojaloop Foundation
Mojaloop Foundation’s Chair Kosta Peric and Product Manager Lesley-Ann Vaughan discuss the next generation of mobile banking in Africa with other fintech experts. Listen Here… Read More
In the News
by Mojaloop Foundation
The Asian Banker’s Emmanuel Daniel speaks with Mojaloop Foundation Chair Kosta Peric, deputy director, Financial Services for the Poor at the Bill & Melinda Gates Foundation, advances the goal to increase digital usage for financial inclusion and creation of a payments platform for 1.7 billion people who remain unserved globally. Read More
In the News
by Mojaloop Foundation
Building faster better – a guide to inclusive instant payment systems, A guide to inclusive instant payment systems Some systems, such as UK Faster Payments, contract with participants for both scheme and switch services, butt fully outsource switching operations to a service provider. Others like NPCI in India have purchased… Read More
In the News
by Mojaloop Foundation
KAMPALA — Soon to be Kampala Mayor Innocent Kawooya is eating big even before he eats City Hall. He recently announced on his page that he has been voted as Co-Chair of the Mojaloop Community Council, less than a week after he was voted onto the Council itself. Clearly his… Read More
In the News
by Mojaloop Foundation
To promote digital inclusion and financial inclusion, the 2020 Digital Impact Awards Africa (DIAA) winners were presented by HiPipo, in partnership with Modusbox, Level One Project, Mojaloop Foundation and United Nations Capital Development Fund (UNCDF). Read the Full Article… Read More
In the News
by Mojaloop Foundation
Financial Technology (Fintech) is taking charge of the financial sector, according to Dr Maggie Kigozi, a renowned businesswoman and former Uganda Investment Authority executive director. Speaking during the Digital Impact Awards Africa in Kampala at the weekend, Dr Kigozi said Fintechs have shown what they can achieve, especially at a… Read More
In the News
by Mojaloop Foundation
Thank you to the Monetary Authority of Singapore for the invitation to speak today—and for hosting this important event. While I hope we can have these big conversations in person again soon, I am grateful for all the ways that technology has kept us connected during the pandemic. We’ve seen… Read More
In the News
by Mojaloop Foundation
Several open-source approaches to digital public goods that can help countries establish or build on digital ID systems without falling prey to vendor lock-in were presented during the latest ID4Africa webinar. ‘Digital Public Goods Initiatives as Pathways to Identity Development,’ which is part one of a two-part series. The… Read More
In the News
by Mojaloop Foundation
DFS Lab… Read More
In the News
by Mojaloop Foundation
The hackathon, supported by the Gates Foundation, will offer participants an in-depth… Read More
In the News
by Mojaloop Foundation
DFS Lab, a digital commerce investor and accelerator that partners with early-stage startups in Sub-Saharan Africa, announced it will host a virtual hackathon from January 11 to 15. The hackathon, supported by the Gates Foundation, will offer participants an in-depth look at Mojaloop, an open-source software for financial services companies,… Read More
In the News
by Mojaloop Foundation
Over the last nine months, the COVID-19 pandemic… Read More
In the News
by Mojaloop Foundation
SEATTLE, Nov. 25, 2020… Read More
In the News
by Mojaloop Foundation
In this case, it’s trickier to ask regulators to do something. What… Read More
In the News
by Mojaloop Foundation
I was reminiscing on a phone call that the year 2020 feels like 10 years rolled into one, and it’s still going on. Anyway, I hope you are well, and keeping safe. Money has been steady flowing into Africa’s tech startup ecosystem. Two weeks ago, Kuda Bank announced a $10… Read More
In the News
by Mojaloop Foundation
What are Mojaloop and the Mojaloop Foundation for those who do not know it yet? How will your experience help advance the organisation’s mission? Mojaloop is open source software designed to advance financial inclusion. It empowers nations to make their payment models more inclusive by connecting all digital financial providers… Read More
In the News
by Mojaloop Foundation
SAN FRANCISCO — Connectivity is deeply personal for Sundar Pichai, chief executive officer of Google and Alphabet. “Growing up in India, I had to wait a lot to get connectivity,” he said at the virtual World Bank annual meetings Friday. “The first way I used a telephone was by waiting… Read More
In the News
by Mojaloop Foundation
Musoni has been successfully integrated with the Mojaloop payment switch in Myanmar, enabling digital loan repayments to VisionFund Myanmar accounts from any mobile wallet or bank account also integrated with Mojaloop. The Mojaloop switch is designed to make it much easier for… Read More
In the News
by Mojaloop Foundation
Although the tech world is advancing at an alarming rate, discouragingly, 23% of women worldwide are still financially excluded. This statistic is overwhelming as we draw closer to 2021 and requires urgent attention. According to the Uganda FINSCOPE 2018 survey, women are 1.8 times more likely to access informal financial… Read More
In the News
by Mojaloop Foundation
At the just-concluded Women in Fintech summit at Sheraton Kampala hotel last Friday, experts called for more involvement of women in the technology sector and fintech industry. Although women make the most purchases in digital transactions, they are most excluded from financial solutions, writes FRANK KISAKYE. The Women in Fintech… Read More
In the News
by Mojaloop Foundation
Experts have called for increased involvement of women in the conceptualisation, design, development and marketing of financial technology solutions for increased profitability. Damali Ssali, a trade development expert, said increasing the number of women in financial technology companies (fintechs) space, especially in management, is not only right but also profitable. Read More
In the News
by Mojaloop Foundation
Ripple, the Brad Garlinghouse led cryptocurrency organization has always followed a pattern of creating partnerships and tie-ups with multiple fintech firms across the globe. Apart from having its own native cryptocurrency, XRP, the parent company has ensured that creating new networks is always a topmost priority. A recent interview with… Read More
In the News
by Mojaloop Foundation
KAMPALA – Ugandan Financial Technology (FinTech) companies have been advised to involve more women in the conceptualization, designing and development of Fintech products and solutions that can tap into the underserved market segment of Ugandan women entrepreneurs. Damali Ssali, a Chartered Accountant, Business and Trade Development Expert, says that in… Read More
In the News
by Mojaloop Foundation
Ugandan Financial Technology (FinTech) companies have been advised to involve more women in the conceptualization, designing and development of Fintech products and solutions that can tap into the underserved market segment of Ugandan women entrepreneurs. Damali Ssali, a Chartered Accountant, Business and Trade Development Expert, says that in a country… Read More
In the News
by Mojaloop Foundation
The founding vision for Ripple is to make it possible for the people in the world from all corners to be able to move value like they are moving information. They call this concept as IoV (Internet of Vision). This vision is very important to Ripple’s Foundation and it motivates… Read More
In the News
by Mojaloop Foundation
The Mojaloop Foundation announced that India’s leading digital payments platform PhonePe and enterprise blockchain solution provider Ripple have joined as Sponsor members, the highest level of the organization. In their role as Sponsor members, they will join the Mojaloop Foundation Board of Directors and help provide the strategic vision, governance, and technical guidance to ensure the long-term… Read More
In the News
by Mojaloop Foundation
The Mojaloop Foundation said on Thursday that India’s leading digital payments platform PhonePe and enterprise blockchain solution provider Ripple have joined as sponsor members, the highest level of the organisation. In their role as sponsor members, they will join the Mojaloop Foundation board of directors and help provide the… Read More
In the News
by Mojaloop Foundation
Ripple’s highest social priority is enabling the vulnerable and unbanked populations to enjoy economic opportunity and fairness. That’s one of the main reasons why it has joined Mojaloop Foundation. During yesterday’s announcement, Mojaloop made it clear that it has brought on board two other sponsor members, Ripple, which is a… Read More
In the News
by Mojaloop Foundation
Women in financial technology (Fintech) have been urged to be patient if they are to cultivate and grow successful tech enterprises. Speaking during the Women in Fintech hackathon on Monday, Prof. Maggie Kigozi, the Women in Fintech chief mentor, said all entrepreneurs have to hustle for years before breaking through. Read More
In the News
by Mojaloop Foundation
As part of its on-going financial inclusion efforts in Uganda and across Africa, HiPipo, a diversified company with operations covering digital, financial inclusion, content production has unveiled the Women in FinTech hackathon and summit. Slated for September 12-17, the Women in FinTech hackathon will have developers convene to… Read More
In the News
by Mojaloop Foundation
Launched in May, The Mojaloop Foundation’s mission is to increase financial inclusion… Read More
In the News
by Mojaloop Foundation
The Mojaloop Foundation has announced the appointment of digital payments platform PhonePe and enterprise blockchain solution provider Ripple to its board as Sponsor members, the highest level of the organization. PhonePe’s Chief Executive Officer Sameer Nigam will be serving on the Mojaloop Foundation’s Board of Directors. Read More
In the News
by Mojaloop Foundation
Ripple says it’s joining Mojaloop Foundation as a sponsor member to bring world’s unbanked and vulnerable populations into an inclusive and affordable financial ecosystem. Mojaloop is an open-source software platform that aims to make sending and receiving money easier and more affordable by connecting mobile money providers and banks for… Read More
In the News
by Mojaloop Foundation
Like most countries especially in Africa, Uganda still struggles with a huge gender diversity challenge in the financial technology space. Very few women are founders, leaders or even work in financial technology companies (Fintechs) – firms which use technology to enhance financial processes such as facilitating mobile payments, loan provision,… Read More
In the News
by Mojaloop Foundation
KAMPALA — As part of its on-going Financial Inclusion efforts in Uganda and across Africa, HiPipo has today unveiled the Women in FinTech hackathon and summit. Slated for 12th to 17th, September, the Women in FinTech hackathon will have developers convening to develop financial inclusion solutions that address their communities’… Read More
In the News
by Mojaloop Foundation
We are excited to announce the latest Mojaloop release! With this release, support for organizations managing bulk disbursements and using non-Latin-based characters in names is available. Additionally, the implementation of Financial Service Provider Interoperability (FSPIOP) API v1.1 improves flexibility for financial institutions to conduct two-phase commits on funds, further reducing… Read More
In the News
by Mojaloop Foundation
In the past months, the GSMA Inclusive Tech Lab made various announcements about the GSMA Interoperability Test Platform, talking about the importance of testing, our Beta release and the first version of the platform. But as an innovation lab for inclusive technologies, why did we decide to build the platform? How… Read More
In the News
by Mojaloop Foundation
The fintech landscape exhibition sought to mark the end of the 40-days-40-fintechs project, which was organised by HiPipo, in partnership with Crosslake Tech, ModusBox and Mojaloop Foundation. The fintechs were equipped with interoperability skills, using Mojaloop, a switching platform with a centralised service that brings together digital financial service providers… Read More
In the News
by Mojaloop Foundation
The next community gathering for Program Increment (PI) 11 is here! The first online meeting was a huge success back in April. Once again, we will be meeting virtually July 20-24, 2020! I’m excited to share a bit about what’s new for this month’s convening. First, as usual, a little… Read More
In the News
by Mojaloop Foundation
While several interoperability models exist, there is an increasing interest in centralized models in which financial service providers are interconnected through a central hub. Within that scenario, the Bill & Melinda Gates Foundation initiated Mojaloop, open-source software that can be used to create interoperable digital payment systems to increase financial… Read More
In the News
by Mojaloop Foundation
Did you know that online purchases, mobile payments and personal wallets are not available for the majority of people in Mexico, Brazil, India or Nigeria? According to UBS, almost 1B people in emerging markets don’t have a formal bank account. Those who are not excluded from the digital… Read More
In the News
by Mojaloop Foundation
To support Africa in its interoperability efforts, Open Source Community players, including HiPipo, Modusbox, Crosslake and Mojaloop Foundation, have embarked on a journey to equip financial technology companies (FinTechs) across the continent with interoperability skills using the Mojaloop software. They have been running a 40-days- 40-fintechs projects, where 40 fintechs… Read More
In the News
by Mojaloop Foundation
Financial inclusion is one high flying discussion that continues to dominate boardrooms. It is a conversation that needs serious engagement to understand what financial institutions and service providers must offer beyond just extending financial access. First and foremost, financial technology companies (Fintechs) need to seek universal inclusion in an… Read More
In the News
by Mojaloop Foundation
Over 135,000 farmers have so far been on-boarded on the digital ecosystem so far, bringing them into the financially included people bracket, which currently stands at 78%. This is also in line with the ongoing efforts to boost financial inclusion and this explains why Yo Uganda is among the firms… Read More
In the News
by Mojaloop Foundation
The fintech landscape exhibition sought to mark the end of the 40-days-40-fintechs project, which was organized by HiPipo, in partnership with Crosslake Tech, ModusBox, and Mojaloop Foundation. The engaged fintechs were equipped with interoperability skills using Mojaloop, a switching platform with a centralized service that brings together digital financial service… Read More
In the News
by Mojaloop Foundation
The project, which kicked off on June 8, is running for 40 days with a set of experts offering some 40 participating Fintechs interoperable development skills to improve access to financial services, using the latest technology such as Mojaloop open source software. The initiative involves 40 financial technology… Read More
In the News
by Mojaloop Foundation
KAMPALA — While micro, small and medium enterprises account for over 80% of businesses in Uganda and employ the largest number of the country’s working population, they still find it hard to access bank credit. This is mainly because majority are informal, fragile, lack collateral and thus considered risky. However,… Read More
In the News
by Mojaloop Foundation
A coalition of nonprofits and tech companies has come together for the formation of Mojaloop Foundation to make it easier for developing countries to build real-time digital payments systems. The foundation aims at creating an interoperable payment platform, connecting digital financial service providers and customers by providing… Read More
In the News
by Mojaloop Foundation
With the aim of scaling digital financial services for all, Mojaloop, an open-source software project backed by the Bill & Melinda Gates Foundation, has announced the launch of the Mojaloop Foundation. With additional support from founding sponsors … Read More