Skylabase Smart Solutions, a global IT product and services organisation with a specialisation in finance management, has Partnered with Mifos, a community-driven initiative that is positioning financial institutions to become modern and digitally connected providers of financial services to the poor.

Operations will be focused on localization and Custom Development, and additional services will be built on the platform such as mobile money integration with Mifos X. This will enable clients to be able to carry out transactions like savings and withdrawals from their mobile devices via mobile money and the Mifos X client interaction Apps.

Skylabase would also carry out implementation services where it will direct the workflow of the MFI to that of the Mifos X platform to maximise their output.

Ayuk Etta, Founder of  Skylabase, commented: “We are excited to Partner with Mifos and this initiative will surely improve the way we reach out to local people who cannot have accounts in big banks. We want to offer them an opportunity to make wise and progressive decisions about their finance, to increase the rate of investments and to expose them to financial loans opportunities that they cannot have in the big and well-established banks.”

Mifos Initiative is on a mission to get massive collaboration carried out at great scale. Because they are partner-led and supported by a global community, they enable new business models that create and distribute value throughout the sector.

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