Star Contributor of the Month – Dilpreet Singh

We are recognizing Dilpreet Singh, our recent 2017 GSOC intern who worked on our mobile banking app, as our latest Star Contributor of the Month. Dilpreet has become an anchor in our community of mobile developers starting with the exemplary he work during GSOC in which he went above and beyond the requirements of his project. Since GSOC has concluded, despite a busy schedule with university, Dilpreet has continued to actively work on our mobile banking app and we look forward to his presence and leadership in helping to guide continued innovation on our mobile banking apps and more across the community.
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Partner Spotlight – Intrasoft Technologies

In this month’s Partner Spotlight we are featuring Intrasoft Technologies.  Intrasoft Technologies has been an active partner in the Mifos community since Generation 1 of our software. Zayyad and his team provide tireless support to more than a dozen organizations throughout Kenya. Zayyad was recently added as an Apache Fineract commmitter as he’s always sharing requirements with the community and helping us keep pace with the latest innovation in East Africa. He’s out there on the ground championing Mifos as well, helping us build our local chapter and host regional meetings. 

This regular blog series will shine the light on some of our top Partners. Not only do we want to recognize them for their accomplishments, we want others to learn from the approach they’ve taken to promote and implement Mifos.

Mifos Partners are one of the most crucial links in our community – they are the driving force that is promoting and supporting Mifos worldwide.  Aside from championing our product and bringing the Mifos technology to new markets, they act as the fundamental bridge feeding in MFI requirements to be developed by the community. Partners don’t stop there as many are also developing and localizing the product to fit their local market.  For all these reasons, we focus our full energy on making Partners successful – they are the primary channel to market, the eyes and ears on the ground, and the entrepreneurial force that will help us sustainably scale. We’d love to recognize your partner organization in this monthly spotlight so please reach out if you’d like to be featured.

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Financial Inclusion Week 2017 – Fueling Open Innovation on top of the Digital Rails

This past week we had the honor of being one of the more than sixty organizations participating in Financial Inclusion Week, a week of global conversation convened by the Center for Financial Inclusion on the most important steps to advance financial inclusion.

The Mifos Initiative hosted a webinar on November 3 titled Fueling Open Innovation on top of the Digital Rails. We were able to share our story as an open source pioneer and the stories of our innovators with more than 50 attendees, leaving them with tangible ways for them to innovate on top of our open source platforms.

As financial inclusion and the banking sector at large now just start to move towards “open banking,” we wanted to chronicle the journey we’ve been on the past decade as a pioneer of open source platforms for microfinance, financial inclusion, and now digital financial services.  The most impactful way to tell this story was to put our ecosystem on center stage. From fintech startups to financial institutions serving millions, our vibrant partner ecosystem has been able to focus on customer-facing innovation by building apps and not banking infrastructure. To make these lessons actionable and guide financial inclusion providers, banks, and fintech companies on their own journey to open innovation, we showcased our suite of mobile and web apps on top of our platform along with our forthcoming Generation 3 architecture Mifos I/O, soon to be released as Apache Fineract CN.

The most lasting takeway from the event was the chance to hear firsthand from our community on how they were able to use Mifos X and the Apache Fineract platform to dramatically accelerate the rollout of innovative digital financial services. Both Fiinlab of Gentera and RuPie were able to leverage a common technology platform and an open transparent community to focus on unique innovation for their customers.

View the webinar or the slides in their entirety.

Eduardo Licona

With SAP, in order to get to market with new functionality it took over a year. With Mifos, we were able to shorten development cycles to where we were releasing new functionalities each week. It was a complete difference to be working with Mifos than what we were doing with SAP. That’s because Mifos is really flexible and has such a strong API that were able to do it faster than on SAP.

Eduardo LiconaDirecdtor of Innovation Platforms

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Powered by Mifos – RuPie

This regular blog series will showcase partners and the innovative solutions they’ve built that are powered by the Apache Fineract and Mifos X platforms. These case studies will demonstrate your solution to end users who are seeking to use them as well as show other partners in the community how they too can leverage the Apache Fineract platform to build their own solutions powered by an open source core banking infrastructure.

RuPie is a fintech startup providing self-service urban microfinance via micro-loans to semi-skilled workers and small business owners entirely on mobile phone.  

Overview of the Team/Company

Nayan Ambali is the CEO of RuPie and a co-founder. As CEO he is responsible for strategic decisions and overall direction of the company, he also manages partnership relations. Nayan brings a total 12 years of banking and financial experience and specially around 8 years of rich experience in financial inclusion

Ramesh is RuPie’s Chief Operating Officer and is responsible for end-to-end management of loan portfolio. Prior to RuPie, Ramesh worked as operational head at HomeTriangle, managing around 500 service providers. Ramesh also worked with Yodlee, Redwood and played a key role in building a personal finance management platform.

Dhiru is the technical architect of RuPie’s tech stack. Previous to RuPie he worked with Arcot building 3D security and fraud detection for card payments then he moved to Komli Media, worked on digital footprint analysis and big data. Dhiru earned an Electrical Engineering degree from IIT Madras, where he was a college football team player.

We believe everyone deserves the ability to pursue more in life, We are committed to increasing financial inclusion around the world. We share our vision with Mifos Initiateve’s 3 Billion Maries and WorldBank’s UFA2020

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