Mifos X is an extended platform for delivering the complete range of financial services needed for an effective financial inclusion solution. Mifos X is based on Apache Fineract. Apache Fineract is an open source software for financial services.
Fineract provides a reliable, robust, and affordable solution for entrepreneurs, financial institutions, and service providers to offer financial services to the world’s 2 billion underbanked and unbanked. Fineract is aimed at innovative mobile and cloud-based solutions, and enables digital transaction accounts for all.
Fineract 1.x is a mature platform with open APIs, while Fineract CN is a cloud native, microservice architecture also supporting open banking APIs.
Mifos Mobile CN is based on Apache Fineract CN. Apache Fineract CN is an Application Framework for Digital Financial Services. It is a system to support nationwide financial transactions and to support the creation of an inclusive, interconnected