As a new member of Mojaloop Foundation’s Global Partner Program, Finternet is amplifying a shared commitment to open, interoperable, and user-centered digital finance. This collaboration enhances Mojaloop’s real-time payment capabilities with Finternet’s programmable orchestration layer for both domestic and cross-border flows. Together, they aim to support instant, low cost, compliant, and globally connected financial services.
Finternet provides an open, programmable infrastructure that represents, exchanges, and governs digital value. It enables assets to move across today’s fragmented financial systems in a secure and verifiable way. At its core, it gives individuals and institutions direct control over their assets through cryptographic proof, policy-based rules, and seamless coordination across systems.
Below, Siddharth Shetty, CEO of Finternet Labs and Abhishek Rathi, their Director – Programs and New Initiatives, share insights on the motivations behind the partnership and the opportunities ahead.
Why Finternet is Closely Aligned with the Mojaloop Foundation
Shetty explained, “Finternet and Mojaloop share a conviction that digital finance must be open, interoperable, and centered on the needs of users.” He noted that Mojaloop has already shown strong results in supporting inclusive and accessible real-time payments on a national scale.
“Mojaloop provides one of the most robust, inclusion-driven domestic payment infrastructures in the world,” he said. “Finternet adds programmability to those domestic systems and the opportunities for countries who don’t have a settlement system to deploy one.”
Programmability refers to money movement with built-in logic — rules that can automate compliance checks, conditional disbursements, and multi-party settlements.
The partnership directly supports Finternet’s goal of connecting existing fragmented financial systems through a unified, high speed, rule-based network that respects national regulatory requirements.
Early Collaboration and Impact
Finternet and Mojaloop teams are working together on exploring programmable domestic and cross-border corridors. The collaboration centers on embedding verification and policy rules inside the transaction itself. This design supports:
- Faster cross-border transfers through a combination of new clearing and settlement capabilities.
- Transactions that automatically validate identity and contain required regulatory data and travel rule parameters.
- New use cases such as conditional supplier payments, scheduled remittances, multiparty settlements, automated fee splits, and outcome-based disbursements.
Rathi noted, “Insights gained during preliminary discussions show how systems like Mojaloop can connect into a global payment network that can manage settlement of transactions.”
Advice for Innovators Exploring Digital Financial Solutions
Shetty encourages financial institutions, builders, and startups to see the partnership as a new foundation for experimentation. “Mojaloop and Finternet together represent a whole new level of innovation opportunities that allow teams to build next generation payment experiences by combining clearing and settlement capabilities.”
He noted that the partnership supports additional practical steps for innovators, such as:
- Building new use cases using existing domestic infrastructure.
- Using programmable logic to extend value beyond payments.
- Treating cross-border flows as a natural extension of domestic capabilities.
- Keeping users — both individuals and enterprises — at the center.
“We encourage innovators to experiment, prototype, and explore the new market opportunities made possible by programmable payments,” he said.
Trends Shaping the Future of Payments
Rathi pointed to a relatively recent and exciting shift from simple money movement to orchestrated financial outcomes. This shift is defined by three trends:
- Programmable money. Payments that include identity, permissions, and conditions can become automated workflows instead of manual actions.
- Cross-border movement working like domestic payments. Faster, more predictable flows can support inclusion, global trade, and new business models.
- Embedded compliance. When compliance rules operate inside the transaction, costs fall and processing becomes more reliable, which builds trust with end users.
Rathi also observed, “Together, these trends reflect a future where financial flows are intelligent, high speed, low cost, and coordinated across jurisdictions.”
A Shared Commitment to Public-Good Infrastructure
“Finternet and Mojaloop are complementary by design,” said Shetty. “The collaboration supports smart, rule-based movement of funds and cross border interoperability while preserving the integrity of domestic systems.”
Shetty underscored both organizations’ commitment to digital public good financial infrastructure rooted in openness, inclusion, interoperability, user empowerment, and regulatory alignment. “This marks the beginning of a broader shift toward a globally connected, programmable financial environment,” he said.
Finternet now joins other members of the Mojaloop Foundation Global Partner Program, including GFTN, Visa, Innovations for Poverty Action (IPA), Cenfri, GLEIF, FNA, MOSIP, and AfricaNenda Foundation.
