The world’s first open source platform for interoperability in a real-time payment network. We’re driving low-cost digital payment services for banks, companies, governments, and people everywhere. Check out our contributions on Mojaloop.io.
As a secure open source platform, Mojaloop promotes interoperability for everyone—all classes of Digital Service Providers (DFSPs) and the customers they serve. With a purpose-built reference architecture that embodies the Level One Project principles, Mojaloop is a cost-effective solution for real-time payment and settlement management. Payment Hub Operators can leverage the technology to deliver transformational and inclusive financial services into their markets.
Developed in partnership
with the Gates Foundation
& Level One Project
ModusBox has lead multiple Mojaloop implementations in developing markets, and worked with the wider community to accelerate understanding and adoption Mojaloop.
Open Loop System
Available to any licensed DFSP in the country including banks and licensed non-banks.
Enables low value, high volume transactions in real-time.
Governed by DFSPs, regulated by the Central Bank
Engenders fairness for financial system participants with a well-tested model
The Mojaloop Hub is the primary container and reference used to describe Mojaloop’s core components.
The Account Lookup Service (ALS) routes payments to the correnct service/provider in the ecosystem.
The Central Ledger is composed of services to facilitate clearing and settlement of transfers between DFSPs.
The Central Settlements service manages settlements between FSPs and the Central Hub.
Experts on Mojaloop
Our Payment Solutions team has a unique makeup. With deep roots in finserv, mobile money, and development and delivery of flexible microservices, we partnered with other industry leaders in the creation of Mojaloop. Together, we are supporting efforts to extend financial inclusion to the world’s poor.
Open source support
The Mojaloop code is open source. We also offer an open source software development kit (SDK) and an open source Connection Manager to assist organizations in deploying Mojaloop.