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Corent Delivers Mifos X as “SaaS in a Box”

Corent recently announced that Mifos X is now available on their SurPaaS platform which will allow Mifos partners to easily deploy and operate localized versions of the Mifos X Platform “as a service” and efficiently support large numbers of local and regional financial institutions. 

Corent will be hosting a webinar on July 2 at 1400 GMT via GoToTraining to showcase Mifos X on the SurPaaS platform.  Read more

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GSoC ’14: A mid-term experience

Working with strangers spread all over the world can be a double-edged sword. You’ll face the “Time Zone Pain”, barriers in communication, and cultural pitfalls. On the other hand you’ll meet like minded geeks that share the same passion, coding for good – making the world a better place.

The Mifos community offered me the possibility to mentor a project for this years Google Summer of Code. It took me one light-second to agree. I love to share my experience and knowledge with others and I was lucky to find my counterpart with Rishabh. He is a 3rd year undergraduate student from Jammu in India.

During the last 6 weeks he is like a sponge absorbing everything, advancing his knowledge on a daily basis and increasing his coding skills like I never expected. We communicate at least once a day and we start to become friends. We not only talk about our project, we talk about our families, circumstances in life and even our plans for the weekend. Read more

Paul Maritz

Mifos Initiative Launches Mifos X Platform

June 11, 2014 – San Francisco, CA

Mifos Initiative Launches Mifos X Platform for Financial Inclusion Free and Open Source Software for Financial Institutions Bringing Financial Services to the Poor in Developing Countries.

Mifos X was officially launched at a hugely successful event in San Francisco. Over 100 people from the tech industry  and non-profits attended the launch event. The event was graciously hosted by Paul Maritz, our chairman, at the Pivotal Labs in downtown San Francisco (Paul is CEO of Pivotal).

Paul opened the event with exciting remarks about the power of platforms and how Mifos X has been completely rebuilt as a open platform that brings together providers of capital with the poor that can use that capital to lift themselves out of poverty. Paul forecast that as an open platform that encourages innovation in financial services for the poor, Mifos X will be a global force in financial inclusion. Paul sees the next five years as being instrumental for Mifos. Read more

Mifos Initiative Launches Mifos X Platform for Financial Inclusion

Free and Open Source Software for Financial Institutions Bringing Financial Services to the Poor in Developing Countries

SAN FRANCISCO, June 13, 2014 /PRNewswire-USNewswire/ — The Mifos Initiative today launched its Mifos X Platform for Financial Inclusion. The Mifos X Platform is a free and open source core banking system for responsible financial services organizations bringing financial services to the 3 billion unbanked poor globally – the proven method to lift the poor permanently out of poverty.

Developed and supported by a global ecosystem of volunteers, donors, and technology partners, Mifos X is used by microfinance institutions, credit cooperatives, and savings institutions in developing markets.

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Global Launch of the Mifos Initiative – Pivotal Labs in SF June 11 at 630pm

We’re less than one week away from our Mifos Initiative Launch Event in downtown San Francisco at Pivotal Labs on June 11 at 630pm. Paul Maritz has been eager to host an event to build consciousness of our initiative in the Bay Area and Silicon Valley so we’re excited to finally make it a reality!

Since we are bringing so many people together for this special event, we’re going to formally launch the Mifos Initiative and the latest release of the Mifos X platform. At the event we’ll be telling some of the amazing stories about the many individuals in our community who are the heart, soul, and brilliance that powers our initiative. Reuniting past supporters and invigorating a new set of contributors, we’ll kick off our Silicon Valley/Bay Area Mifos chapter. This group will be an active body of committed volunteers that is evangelizing our project to recruit new volunteers, bring on new financial supporters and form new partnerships to extend our platform and market reach.

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A Light-hearted Look at our 2014 GSOC Interns

At the start of the program, we gave you a quick look into the professional and academic backgrounds of our intern class. Now we want to take a more personal and lighthearted look into the lives of our interns. We’ve got an interesting class that comes from various backgrounds with some intriguing standout personalities – make sure you get the chance to know them over the summer.
Some common threads in their fun facts – several of them love to eat and one of them loves to drink – it even makes him more productive. They’re all drawn to our project because it’s so unique – not only do we have a technology stack that’s in-demand, we’ve got a diverse and active community that embraces its newcomers, and our social mission tops it all off nicely.