The mission of the Mojaloop Foundation is to increase financial inclusion by empowering organizations creating interoperable payments systems to enable digital financial services for all. The Mojaloop Foundation is a 501(c)(3) charitable nonprofit and maintains its free, open source software and community as public goods in service of financial inclusion.
Digital financial services providers (DFSPs) are defined as the banks, government offices, merchants, mobile network operators, national payment providers, regulatory bodies, technology companies, and any other players developing and implementing digital payments systems across the global payment ecosystem.
The Mojaloop Foundation focuses on expanding the work the Mojaloop project initiated in Africa, expanding its engagement where there is the greatest opportunity to directly affect financial inclusion through interoperable payments. The organization engages with digital financial service providers, regulators, NGOs and governmental offices looking to address the critical challenges faced by local underserved communities.
Website – mojaloop.io