Mojaloop
Curated by SignalOpen banking APIs provider enabling inclusive instant payment systems.
Overview
Mojaloop is a provider of open banking APIs that focuses on delivering financial services aimed at inclusivity and equity through open-source software. Its main offering is an instant payment system that seeks to reduce the costs related to the development and maintenance of payment infrastructures. The company targets payment solution providers, central banks, hub operators, and financial institutions, addressing the issue of financial exclusion by facilitating instant payment capabilities for users with mobile access. Mojaloop aims to lower costs and improve the speed of deployment for payment solutions, which may contribute to financial inclusion at a national level. The platform's API specification is designed to support integration with various financial systems, potentially improving transaction efficiency within its network.
Key facts
- Founded
- 2020
- Headquarters
- Wakefield, United States
- Stage
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- Industry
- Financial Technology
- Sector
- Banking Technology
Business model
- GTM channel
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- 4 products and services
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Contact
- Primary office
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- Phone
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