Apache Fineract Earns Renewed Recognition as a Digital Public Good for Financial Inclusion
Wilmington, DE – November 17, 2025 – In a significant development for the financial technology community, Apache Fineract has been recertified as a Digital Public Good (DPG) by the Digital Public Goods Alliance (DPGA), which operates under the United Nations Secretary-General’s Roadmap for Digital Cooperation. This acknowledgment reinforces Apache Fineract’s pivotal role in advancing financial inclusion globally.
This achievement is an extension of the initial recognition granted in 2021 to seven critical DPGs within the financial technology sector. It underscores Fineract’s contribution to the broader global initiative aimed at achieving the Sustainable Development Goals (SDGs) set by the United Nations.
Understanding Digital Public Goods
Digital Public Goods are defined by the DPGA as open-source software, open data, open AI models, open standards, and open content that align with the DPG Standard. These resources are essential for advancing the UN’s 2030 SDGs. The recognition of Apache Fineract as a DPG is not just a ceremonial honor; it signifies that the platform adheres to the stringent criteria established by the DPG Standard. This standard includes nine key indicators that gauge quality, openness, and safety. These indicators are:
- Contribution to the Sustainable Development Goals.
- Utilization of an approved open-source license.
- Clear ownership and platform independence.
- Compliance with privacy laws and best practices.
- A commitment to the "Do No Harm" principle, including measures for security and protection against harassment.
Being recognized as a DPG means that Apache Fineract is a trustworthy, vetted, and impactful digital solution, available for public use.
Apache Fineract: A Core Platform for Financial Inclusion
James Dailey, a member of the Project Management Committee (PMC), expressed enthusiasm regarding the continued recognition of Apache Fineract as a foundational component for financial inclusion. He highlighted the platform’s role as a core system for other Digital Public Goods and numerous institutions striving for financial inclusivity.
This recognition signifies a paradigm shift in how open-source models can serve as essential foundational platforms. Apache Fineract offers a robust, extensible, and free-to-use core banking system, which empowers a diverse range of market players, vendors, and innovators. Over time, community banks, credit unions, fintech companies, and non-profit organizations worldwide have utilized this platform to deliver crucial services to underserved populations globally. This success is attributed to a thriving vendor community grounded in vendor neutrality, a core principle of The Apache Software Foundation (ASF), ensuring that Apache Fineract remains an impartial, shared asset.
Joining the Global Movement for Financial Inclusion
The Apache Fineract community is proud to be part of the expanding ecosystem of Digital Public Goods. They invite developers, organizations, and partners committed to financial inclusion to join their efforts, contribute to the platform, and develop solutions leveraging this globally recognized public good.
About The Apache Software Foundation (ASF)
The Apache Software Foundation (ASF) is a globally recognized home for open-source software, driving some of the world’s most widely used software projects, including Apache Airflow, Apache Camel, Apache Cassandra, Apache Groovy, Apache HTTP Server, and Apache Kafka. Founded in 1999, The ASF is a leader in open-source innovation, setting industry standards to advance software for the public good. More information about ASF can be found at https://apache.org.
ASF’s annual "Community Over Code" event is a gathering point for open-source technologists to share best practices and use cases, forge essential relationships, and learn about field advancements. More details can be found at https://communityovercode.org.
This recertification of Apache Fineract as a Digital Public Good is a testament to its crucial role in promoting financial inclusion worldwide. By offering an open-source core banking platform, it empowers various organizations to provide essential financial services to underserved communities, aligning with the global vision for sustainable development.
Good to Know: The Significance of Digital Public Goods
Digital Public Goods play a vital role in the modern digital ecosystem. They represent a collective effort to create resources that are openly accessible, promoting innovation and collaboration across borders. By adhering to open standards and maintaining transparency, Digital Public Goods like Apache Fineract ensure that technology serves the greater good, fostering inclusivity and democratizing access to essential services.
Apache Fineract’s recertification highlights the importance of open-source solutions in achieving financial inclusion. As the world becomes increasingly interconnected, such platforms are crucial in bridging the gap between technological advancement and societal needs.
For more information about the Digital Public Goods Alliance and its initiatives, visit the Digital Public Goods Alliance website.
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