The Mojaloop Foundation unveiled its inaugural report on May 15, 2024, highlighting significant progress in advancing financial inclusion through its open-source software. The report, titled “Bridging the Gap: Advancing Financial Inclusion with Mojaloop,” showcases achievements over the past year, including national deployments in Rwanda, Mexico, and the Philippines, as well as a regional deployment across COMESA. The Foundation emphasizes the importance of inclusive, interoperable payment systems tailored to local needs, driven by strategic partnerships and community engagement. Key advancements include enhancements to the Mojaloop software, making it more robust and secure, and collaborations with industry leaders to accelerate the adoption of Mojaloop-based solutions. Executive Director Paula Hunter and Chair Kosta Peric highlight the Foundation’s commitment to building an inclusive financial ecosystem that empowers underserved communities globally. The report underscores the Foundation’s vision of universal financial inclusion, where everyone can access necessary financial services via simple mobile technology.
