Launched in May, The Mojaloop Foundation’s mission is to increase financial inclusion by empowering organizations creating interoperable payment systems to enable digital financial services for all. Its Board-level members include Coil, Bill & Melinda Gates Foundation, Google, ModusBox, and Omidyar Network. Latest to join are T digital payments platform PhonePe and enterprise blockchain solution provider Ripple. They have joined as Sponsor members, the highest level of the organization.