Digital Banking > Best API
Mifos X powered by Apache Fineract is open source core banking infrastructure from the ground up. Our global community is disrupting the financial sector at large by building innovative fintech solutions through our open APIs on top of a common shared platform. We provide an end to end open source architecture for digital financial services including an open source account management and core banking layer, integration to interoperable real-time payment systems, open source mobile wallet and mobile banking apps, and a full Open Banking API Layer.
More than 12 million customers are reached by 350+ fintechs and financial institutions across 41 countries powered by our APIs - https://mifos.org/impact/powered-by-mifos/.
Think of Mifos X as the DNA of financial services that can be expressed in many ways. Mifos X is the innovation that powers the innovators by providing a set of open source building blocks that can be composed into financial services of any form. Across the world from grassroots microfinance institutions in rural Africa serving dozens of clients with microloans to banks in Germany delivering mortgage loans, from digital credit startups reaching hundreds of thousands in West Africa to mobile wallet providers supporting millions in India, to cloud-based core banking systems reaching millions across multiple continents, our open banking stack is transforming the delivery of digital financial services.
We are the world’s only open-source, cloud-native, API-driven core banking platform. Built on a modern web stack leveraging Spring, Java, Angular, Android, MariaDB, and PostgreSQL, we provide the foundational open APIs to build an entire digital financial services ecosystem and the Open Banking APIs to allow the rapid development of apps on top of it. Openness is fundamental - open source technology, open standards, open collaboration, open community and an ecosystem guided by open source business models. View our APIs at https://demo.openmf.org/api-docs/apiLive.htm