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Mifos Recognized as 2020 Benzinga Fintech Listmaker for Best API

Mifos, the global fintech thought leader and pioneer of innovative open source banking technology for consumer financial services, has been recognized as a 2020 Benzinga Global Fintech Listmaker for Best API.

The official Benzinga Fintech Listmakers comprises 250 carefully vetted and renowned companies and executives who are striving to revolutionize the fintech industry. From deeply established companies to the newest startups, this group is impacting sectors like payments, banking, investing, technology and financial literacy.

Mifos originated the concept of Open Source Banking through a core banking platform that is open source from the ground up with a full set of APIs to build from. As the DNA of financial services that can be expressed in many ways, Mifos and Apache Fineract provide a set of open source building blocks that can be composed into financial services of any form. Read more

Mifos selected as Runner-Up for Best Financial Inclusion Initiative at 2019 Financial Innovation Awards

The Mifos Initiative is honored to have been chosen as the Highly Commended runner-up entrant for the Best Financial Inclusion or Outreach Initiative at the 2019 Financial Innovation Awards hosted by The London Institute of Banking and Finance this past month in London.

Congratulations to the NS&I Government Payment Services on winning the award for its Help to Save initiative; we are are honored to be in such esteemed company of  impactful and innovative solutions including PAYG solutions from Azuri, banking solutions for the visually impaired from Lloyds Bank, and the Principality Building Society’s financial education initiative.  Thank you to the London Institute of Banking and Finance for this valuable recognition.

Alex Fraser, CEO at The London Institute of Banking & Finance, said: “As technology advances, the finance sector is often in the frontline of change. Organizations like the ones being recognized and celebrated in the Financial Innovation Awards, are vital in driving forward and progressing the future of the sector.  These highly prestigious awards give companies the opportunity to demonstrate their ground-breaking and innovative approaches, which will go on to shape the future of the financial services industry and the value it provides. A huge congratulations to all the winners!”

See the list of all the winners and shortlisted finalists.

About the Financial Innovation Awards

The Financial Innovation Awards, held on Thursday 21 November at Hilton London Bankside, recognize some of the most innovative companies in the banking and finance sector. 

This year 64 companies were shortlisted for awards in 22 categories covering: products & services; customer experience and delivery channels; responsibility and inclusion; and the future of financial services. 59% of the companies shortlisted were from the UK, while 41% were international including from the UAE, Canada, Bangladesh and Brazil. 

About The London Institute of Banking & Finance 

  • The London Institute of Banking & Finance has been at the heart of the finance sector since 1879. We’re a professional body and registered educational charity, incorporated by Royal Charter. 
  • We’re an awarding body for industry qualifications covering a range of subjects, including banking, investment, trade finance and regulated advice; in the UK and internationally.
  • We’re a university college, providing undergraduate and postgraduate degrees for students aiming to pursue a career in banking and finance.
  • We’re also the only specialist provider of personal finance qualifications at GCSE and A Level, helping young people to develop vital money management skills for life.

Mifos selected as Runner-Up for Fintech for Good Award in 2018 Banking Technology Awards

The Mifos Initiative is honored to have been chosen as the Highly Commended runner-up entrant for the Fintech for Good Award in the 2018 Banking Technology Awards led by Fintech Futures.

While Deutsche Bank took home the Fintech for Good Award for its CommunITy Hackathons, we are pleased to have the prestigious honor of being selected as the Highly Commended entry amongst finalists like , , , , , and Banco BNI Europa.

Thank you to Fintech Futures and Comms for Good for hosting the awards and this valuable recognition. We’re proud that the impact of our community and ecosystem got to be recognize on this grand fintech stage and look forward to this as a springboard to further strengthen Mifos/Fineract as a recognizble name for open source banking, digital financial services innovation, cloud-based core banking, and banking the underbanked.

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Vishwas Babu – Winner of the 2015 Pizzigati Prize

tides-pizzigati-tony-2It’s rare to meet individuals like Vishwas Babu who are so intelligent and gifted yet so dedicated and devoted to helping others. Vishwas has an enormous heart and a brilliant mind yet is so truly humble in all his actions. We are so excited to announce that he’s been selected as the 2015 Pizzigati Prize Winner by the Tides Foundation.

Join us in congratulating Vishwas Babu of Conflux Technologies for this well-deserved recognition for his visionary leadership and his tireless commitment to customers. Read more

Mifos Earns High Ratings in CGAP Software Review

Grameen Foundation today announced that Mifos®, its open source technology solution, has earned high marks in its first rating on the Microfinance Software Listings and Reviews published by the Consultative Group to Assist the Poor (CGAP). The leading resource for information on microfinance software products, it gave Mifos maximum points for technical capabilities and for its suite of professional services. The reviews are conducted by independent evaluators with feedback from users.

Launched in 2006, Mifos provides microfinance institutions (MFIs) with both a centralized, web-enabled platform and an online hosted model (“Mifos Cloud”).  Its high-level security features, connectivity, flexibility and overall architecture earned Mifos the highest marks for technical capabilities.  Additionally, it received 4 out of 4 stars for the comprehensive implementation, training and support provided by Grameen Foundation and its specialists in the various regions.

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