Mojaloop is open-source software for financial services companies, government regulators, and others taking on the challenges of interoperability and financial inclusion. Its main purpose is to send digital payments to anyone, regardless of what kind of account or service they use.
As a project funded by The Bill and Melinda Gates Foundation, after every 10 weeks the Mojaloop team conduct a community meeting and invite stakeholders in financial services, mobile technology and payment industry to share ideas on the improvement of its codes by discussing on different business cases that could be. The seventh community meeting was held in Arusha, Tanzania. Singo Africa Limited was one of the invitees to join many other companies from outside the country that attended and some other companies from Tanzania that attended the meeting were Bank of Tanzania and Umoja Switch.
We are happy and pleased to successfully release our first major version of our awarding Amala App Suite platform for FinTech on November 2018 that will serve the financial inclusion of unbanked and underbanked community in Tanzania, a platform based on Apache Fineract and Mifos.
In this release of Amala we have shipped in the following key new features among others:-
The Singo Africa family was blessed to have one of member being picked by Apache Fineract Community to serve as PMC. This is inline of our mission of being responsible, reliable and trusted in the universe where we work.
The company wish all the best Mexina M. Daniel for the trust the community has given her; we are confident that she will serve diligently, effectively and with passion.
One of our core value is “relentless collaboration” and we believe it is only through the community like Mifos and Apache Fineract that the underbanked and unbanked can be reached… this is how to give as well to the community and make Africa and Tanzania great again… by automating SACCOS, Microfinance, VICOBA, AMCOS etc.
As Singo Africa Limited, we will continue to play our part for the initiative of not only we do, but we enjoy doing it… we like to serve… as they say “The highest level of Living is Giving”, we have started and we will continue to give through our blessed intellectuals.