The Mojaloop Foundation is a nonprofit organization driving financial inclusion across Africa and emerging markets through open, interoperable digital payment systems. As a steward of the Mojaloop open-source platform, the foundation supports central banks, financial service providers, fintechs, and government agencies in deploying real-time, low-cost digital payment ecosystems that serve the unbanked and underbanked.
Designed as a public good, Mojaloop provides the foundational technology needed to build inclusive, interoperable national payment switches that connect mobile money, banks, wallets, and agents in real time—unlocking universal access to digital financial services.
Core Capabilities of Mojaloop:
- Open Source Real-Time Payment Platform
Modular components for settlement, clearing, fraud control, KYC, and participant onboarding. - Interoperability Engine
Connects diverse financial service providers including banks, telcos, wallets, SACCOs, and government programs. - Support for National Payment Systems
Used by regulators and central banks to build domestic payment schemes and instant payment rails. - Financial Inclusion by Design
Tailored for low-cost, low-bandwidth environments and financially excluded populations. - Community-Led Innovation
A vibrant global community of developers, regulators, donors, and ecosystem enablers contributing to the evolution of Mojaloop.
Use Cases Across Africa:
- National instant payment systems (real-time gross settlement for digital wallets and banks)
- G2P (government-to-person) disbursements to mobile money wallets
- Retail interoperability between telco wallets and bank accounts
- Cross-border payment corridors through API-driven integrations
- Inclusive digital ID and KYC systems linked to payment platforms
