Language
Java
Tool Type
API
License
Apache License, Version 2.0
Version
1.8.4
The Apache Software Foundation
Apache Fineract is an open API financial platform that can be deployed in multiple environments, providing customer data management, loan and savings portfolios, and real-time accounting. It offers an open source alternative that saves significant costs in digital development, being adaptable and customizable to any banking system. Its flexibility and frequent updates improve operational efficiency and user experience.
Apache Fineract enables financial institutions to save on development and maintenance costs by providing a high-performance, adaptable digital banking platform that improves operational efficiency and customer experience.
Client Portal: Empowers clients with a digital platform to manage their profiles, view transactions, and interact with financial services. Functionalities: Client registration, profile updates, transaction history. Comprehensive Loan Management: Streamlines the loan process from origination to closure. Functionalities: Loan application, disbursement, repayment schedules, loan closure. Investor Dashboard: Provides investors with tools to manage their investments, view returns, and make informed decisions. Functionalities: Investment tracking, ROI calculations, transaction summaries. Unified Platform Core: Ensures a seamless experience across the platform by providing consistent functionalities and tools. Functionalities: User authentication, data validation, transaction processing. Robust Data Management: Guarantees data consistency, reliability, and accuracy. Functionalities: Database backups, data migrations, data integrity checks. Self-Service Documentation: Enables users and developers to understand platform capabilities, APIs, and tools without external assistance. Functionalities: API documentation, user guides, feature overviews. Integration with Service Providers: Expands platform capabilities by integrating with third-party services and tools. Functionalities: Payment gateways, data analytics, third-party service access. Web-Based Access: Offers users and stakeholders easy web access to the platform from various devices. Functionalities: Web portal access, responsive design, browser compatibility. Scalable Deployment: Ensures the platform remains responsive and available even during peak usage times. Functionalities: Cloud deployments, auto-scaling, resource optimization. Reliable System Performance: Guarantees platform functionalities work as intended and interactions are error-free. Functionalities: Continuous testing, bug tracking, performance monitoring.
Arquitectura modular de microservices: isolates each component to ensure development and deployment independence. Communicates modules via standard protocols like HTTP/REST, ensuring interoperability. Containerizes applications with Docker to ensure consistency across environments. Orchestrates and auto-scales with Kubernetes, efficiently managing resources. Utilizes Spring Boot to facilitate configuration and deployment. Manages database changes with Liquibase, ensuring controlled evolution.
Connect with the Development Code team and discover how our carefully curated open source tools can support your institution in Latin America and the Caribbean. Contact us to explore solutions, resolve implementation issues, share reuse successes or present a new tool. Write to [email protected]
This image shows a diagram of the Apache Fineract architecture, illustrating the separation between APIs, services such as ClientService and LoanService, and database access layers like JDBC Template and JPA.
This image shows a command line interface where a user is executing Git commands to clone the 'fineract' repository from the OpenMF's GitHub account.
Image from Apache Fineract®'s "About" page. It details its versatility in cloud or local deployment, and its ability to manage real-time financial and accounting data for any organization.
Open source platform for financial services, designed to create a cloud-ready core banking system.
Official list of open source tools endorsed by the Digital Public Goods Alliance. This tool is part of this registry.
Article that presents the global alliance to promote digital public goods and its relationship with the IDB.
Complete guide on the features and use of Apache Fineract.