I would remove " *to reach underserved and unbanked populations.*" to make it inviting to all types of financial service providers. This will help to free Fineract from Mifos who have serving the above segment as their mission.
*Apache Fineract is an open-source core banking platform providing a flexible, extensible foundation for a wide range of financial services by making robust banking technology openly available.* On Wed, Oct 8, 2025 at 8:53 PM Javier Borkenztain <[email protected]> wrote: > +1 with this version. > > *Apache Fineract is an open-source core banking platform providing a > flexible, extensible foundation for a wide range of financial services. By > making robust banking technology openly available, it lowers barriers for > institutions and innovators to reach underserved and unbanked populations.* > > On Wed, Oct 8, 2025 at 2:10 PM James Dailey <[email protected]> wrote: > >> +1 to modification. >> >> * Apache Fineract is an open-source core banking platform providing a * >> >>> >>> *flexible, extensible foundation for a wide range of financial >>> services. * >>> *By making robust banking technology openly available, it lowers >>> barriers * >>> *for institutions and innovators to reach underserved and unbanked * >>> *populations.* >> >> >> >> We need three PMC members to vote yes on this +1 >> If we need a bigger discussion, please call that out in your response. >> >> Thanks, >> >> >> >> On Wed, Oct 8, 2025 at 8:20 AM Paul <[email protected]> wrote: >> >>> Practically perfect. >>> I would remove the qualifier "smaller" in the last sentence, because >>> small is undefined and can be misleading. >>> >>> *Apache Fineract is an open-source core banking platform providing a * >>> >>>> >>>> *flexible, extensible foundation for a wide range of financial >>>> services. * >>>> *By making robust banking technology openly available, it lowers >>>> barriers * >>>> *for smaller institutions and innovators to reach underserved and >>>> unbanked **populations.* >>> >>> >>> Paul >>> >>> >>> On Wed, Oct 8, 2025 at 9:44 AM Ádám Sághy <[email protected]> wrote: >>> >>>> Hi James, >>>> >>>> I second this. >>>> >>>> Regards, >>>> Adam >>>> >>>> On 2025. Oct 6., at 21:01, James Dailey <[email protected]> wrote: >>>> >>>> Hi community - Recently, Felix was re-writing the README. He proposed >>>> a different description. >>>> >>>> Note that the official ASF listed description is: >>>> >>>> The mission of Apache Fineract is the creation and maintenance of >>>> software >>>> related to a core banking platform that provides a reliable, robust, >>>> and >>>> affordable solution for entrepreneurs, financial institutions, and >>>> service >>>> providers to offer financial services to the world's underbanked and >>>> unbanked. >>>> >>>> >>>> That change of mission was already discussed so, I think, we should >>>> simply use that: >>>> https://lists.apache.org/thread/556hwmw9xs05x17nc6db0mjf9ontdvto >>>> >>>> We changed the description in Oct 2022 >>>> https://lists.apache.org/thread/556hwmw9xs05x17nc6db0mjf9ontdvto >>>> >>>> As a matter of best practice, the README should have been changed to >>>> reflect that change, but wasn't. >>>> >>>> I am ok with Felix's new description: Any supporters? >>>> >>>> >>>>> *Apache Fineract is an open-source core banking platform providing a * >>>>> *flexible, extensible foundation for a wide range of financial >>>>> services. * >>>>> *By making robust banking technology openly available, it lowers >>>>> barriers * >>>>> *for smaller institutions and innovators to reach underserved and >>>>> unbanked **populations.* >>>> >>>> >>>> Felix wrote >>>> >>>> 1. In particular in light of recent discussions on the mailing list, the >>>> >>>> current description of the Fineract project at the top is imprecise: >>>> >>>> > Apache Fineract: A Platform for Microfinance >>>> > Fineract is a mature platform with open APIs that provides a >>>> reliable, robust, and affordable core banking solution for financial >>>> institutions offering services to the world’s 3 billion underbanked and >>>> >>>> unbanked. >>>> >>>> I suggest the following instead: >>>> >>>> > Apache Fineract: Fintech for everyone >>>> > Apache Fineract is an open-source core banking platform providing a >>>> flexible, extensible foundation for a wide range of financial services. >>>> >>>> By making robust banking technology openly available, it lowers barriers >>>> >>>> for smaller institutions and innovators to reach underserved and >>>> unbanked >>>> populations. >>>> >>>> This reflects better the reality. But due to the significance of this >>>> change, I would like to hear your opinion first. >>>> >>>> >>>> >>>> >>>> >>>> >>> >>> -- >>> -- >>> Paul >>> >>
