Apache Fineract vs Ned
Apache Fineract
fineract.apache.orgNed
nedhelps.comSide by side
| Figure | Apache Fineract | Ned |
|---|---|---|
| Price from | Free | — |
| Free plan | Yes | — |
| Free trial | — | — |
| Open source | Yes | — |
| Web | Yes | Yes |
| Windows | Yes | — |
| macOS | Yes | — |
| Linux | Yes | — |
| API | Yes | — |
| Self-hosted | Yes | — |
| Plans published | 1 | 1 |
| Spec score · Loan Management Software | 9.0 (#1) | 6.8 (#24) |
| Integrations | Documentation describes configurable Kafka support for remote job execution and external events, and provides a Keycloak example for OAuth testing. | Ned says borrowers connect bank accounts through open banking integrations and that pricing includes integrations out of the box. |
| What it does | Apache Fineract is an open-source, cloud-ready core-banking backend for digital financial services, including underserved customers. | Ned is a cloud-based loan management platform for launching and scaling small-business and commercial lending programs. |
Plans
In their own words
Apache Fineract
Apache Fineract is open source financial services software for building a cloud-ready core banking system, including services for unbanked and underbanked people. It manages client data, loan and savings portfolios, real-time accounting, and reporting. Financial products, KYC documentation, business rules, workflows, repayment recognition, and portfolio tracking are configurable. Fineract 1.x is headless and provides open APIs for custom interfaces and extensions; deployment options include cloud and on-premise, and third-party mobile solutions can use its headless design. Multi-tenancy separates institution data by database or schema. Documentation describes HTTP Basic or OAuth authentication as mutually exclusive options, optional two-factor authentication, fine-grained API permissions, and maker-checker workflows for state-changing operations. The project lists Fineract 1.15.0 as its current stable release and provides binary and source distributions with verification files. Apache Fineract costs nothing under the Apache License, Version 2.0. Production security configuration and ongoing maintenance remain the hosting organization’s responsibility.