Mifos X, a modern platform with a modular service-oriented architecture that provides all the common functionality needed to deliver digital financial services. A RESTful back-end which talks to a to a MySQL database and is built on the Jersey/Spring/JPA stack whose front-end is completely decoupled so you can choose the presentation layer of your choice.
The Tools to Make it Happen
We provide the end to end set of technologies whether you’re a user looking for software out of the box, a partner looking to resell Mifos X, or a developer looking to build your own solution for mobile banking or digital financial services. Everything is fully open – our platform provides core financial inclusion functionality, fully exposed through RESTful APIs, packaged nicely in a user-friendly, cutting edge Community App.
The core underlying functionality needed by all financial service institutions is fully exposed and documented as RESTful APIs from our platform to enable you to quickly build your own enterprise grade financial inclusion products, mobile apps, or brand new solutions on any technology stack.
80/20 Rule – Industry Needs a Platform
80% of the underlying software functions are common to all digital financial services. By building the 80% into our platform and encouraging the collaboration and re-use of these common functionalities, we and you can focus on the 20% that matters – delivering the unique innovation, new products and best-practice services that brings the most value to the poor.
We truly are OPEN
The Mifos X platform is open source – meaning there are no license costs and the freedom to openly innovate. Released under the Mozilla Public License v2.0 – we’ve chosen a license that ensure the core always remains open but if you so choose you can build out your own unique proprietary apps.
Enabling a Virtuous Cycle
As part of one unified community guiding a common platform, you are not alone. The product of our efforts is greater than the sum of its parts. Global knowledge and innovation is cultivated, built, and shared from the bottom up. When you give back and share innovation with the community it will be collectively supported, improved, and maintained for everyone to benefit.