Mifos

Gavias SliderLayer - 8 - SYS PRO SLIDE Mifos

  • Open-Source Core Banking
    Built for Financial Inclusion
    Build, launch, and scale inclusive digital financial services
    with a modern, API-first core banking platform trusted by institutions worldwide

Flexible Financial Products

Design financial products that match real-world operations — without hardcoding.

  • Loans, savings, shares & insurance products
  • Flat & declining balance interest models
  • Configurable repayment schedules, fees & penalties
  • Full support for Islamic (Shariah-compliant) finance

Client, Group & Community Banking

Built for microfinance, cooperatives, and inclusive lending models.

  • Individual, group & center-based lending
  • Branch & hierarchy management
  • KYC, document & compliance tracking
  • Role-based access at client level
  • Configurable RDS savings and micro-loan products aligned with rural development models
  • Group-based weekly collections with flexible installment structures
  • Support for interest-free or subsidized financing programs.

Accounting & Financial Transparency

Banking-grade accounting designed for regulators and auditors.

  • Integrated General Ledger (GL)
  • Cash or accrual-based accounting
  • Automated provisioning & write-offs
  • Custom Chart of Accounts
  • Real-time & scheduled reports

Governance, Workflow & Risk Control

Strong controls without slowing operations

  • Maker–checker approval workflows
  • Role-based permissions
  • Configurable approval processes
  • Full audit trails & activity logs

Digital & Mobile-First Banking

Reach customers anywhere — even offline.

  • Offline data capture for field officers
  • SMS & email notifications
  • Mobile & web app integration via REST APIs
  • Agent banking & mobile wallet support

Open APIs & Seamless Integrations

Future-proof your platform with API-driven architecture.

  • 100% REST-based APIs
  • Integrations with CRMs, payment gateways, credit bureaus & biometrics
  • Extend functionality without modifying core code
  • Center creation and hierarchy management (branch → center → group)
  • Center meeting scheduling with attendance tracking
  • Aggregated center-level collections for loans and savings.

Enterprise-Ready Technology Stack

Modern, secure, and cloud-native by design.

  • Java, Spring Boot, Angular
  • MySQL / PostgreSQL
  • Docker, Kubernetes & cloud deployment
  • OAuth2, RBAC & encrypted storage

Built to Extend & Scale

A platform designed for innovation.

  • Custom modules & microservices
  • Credit scoring, loyalty & analytics extensions
  • Smooth legacy system migration
  • Scales from pilot to nationwide deployment

WHO IT’S FOR

  • Microfinance Institutions (MFIs)
  • Cooperative & Community Banks
  • Islamic Financial Institutions
  • Digital & Challenger Banks
  • Government Financial Inclusion Programs
  • Digital Lending & BNPL Platform

Why Sysnova?

Experience Meets Open-Source Innovation

  • Deep expertise in Mifos X & Apache Fineract
  • Proven delivery across regulated environments
  • Open-source without enterprise risk
  • Custom solutions, not one-size-fits-all deployments
  • Long-term support, upgrades & optimization

 

We bridge the gap between open-source flexibility and enterprise reliability.  

History Sysnova's journey started back in 2008 with the mission to implement an open-source Enterprise Resource Planning (ERP) solution for Kazi Farms which would enable it to efficiently manage its country-wide business operation in over 100 locations. With that in mind, we have developed customized software solutions for businesses across a diverse range of industries including pharmaceuticals, agriculture, media, academics, and many more.

Contact info

Call sysnova for a demonstration and implementation, consulting quote

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