--- title: FINOS in the News - GitHub Opens New Door to Financial Support for Open Source Devs description: "FINOS Executive Director Gabriele Columbro, recently spoke with Linux Insider about the launch of GitHub Sponsors, a program that seeks to financially \"support open source developers as recipients of paid sponsorships.\"" image: https://www.finos.org/hubfs/Screen%20Shot%202019-06-04%20at%2012.54.59%20PM.png --- [![FINOS](https://www.finos.org/hs-fs/hubfs/sofin%20assets/SOFIN%20LOGOS/finos-logo.png?width=543&height=126&name=finos-logo.png "FINOS")](https://finos.org) - [Projects](https://www.finos.org/projects) - [Artificial Intelligence (AI)](https://ai.finos.org/) - [Common Domain Model (CDM)](https://www.finos.org/common-domain-model) - [FDC3](https://www.finos.org/fdc3) - [Fluxnova](https://fluxnova.finos.org) - [FINOS Common Cloud Controls](https://www.finos.org/common-cloud-controls-project) - [High Performance Computing (HPC)](https://hpc.finos.org) - [OSERA](https://osera.finos.org/) - 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Resources - [2025 Mission & Vision](https://www.finos.org/2024-in-review-2025-vision) - [Research & Case Studies](https://www.finos.org/research-case-studies) - [Training](https://training.linuxfoundation.org/finos/) - [Open Source Maturity Model](https://osr.finos.org/docs/bok/OSMM/Introduction) - [Contributions Live Dashboard](https://metrics.finos.org) - [Our Github Organization](https://github.com/finos/) - [Our Developer Toolchain](https://odp.finos.org/) - [FINOS Store](https://store-finos.myshopify.com/) - News & Events - [This Week At FINOS](https://www.finos.org/this-week-at-finos) - [Community Blog](https://www.finos.org/blog) - [Newsletter](https://www.finos.org/newsletter) - [Podcast: Open Source in Finance](https://www.finos.org/open-source-in-finance-podcast) - [Press Releases](https://www.finos.org/press) - [FINOS Events](https://www.finos.org/hosted-events) - [Community Events](https://www.finos.org/featured-events) - [Community Spotlight](https://www.finos.org/community-spotlight) - 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GitHub Opens New Door to Financial Support for Open Source Devs May 29, 2019 FINOS Executive Director Gabriele Columbro, [recently spoke with Linux Insider](https://www.linuxinsider.com/story/86042.html) about the launch of GitHub Sponsors, a program that seeks to financially "support open source developers as recipients of paid sponsorships." "[GitHub Sponsors](https://help.github.com/en/articles/about-github-sponsors), launched in beta last week, is a new funding mechanism that enables open source users to make recurring payments, much like crowdfunding services such as [Patreon](https://www.patreon.com/) and managed open source subscription services backed by creators and maintainers, like [Tidelift](https://tidelift.com/)." > "Efforts like Github Sponsors are very complementary to the mission and work of open source foundations like the Fintech Open Source Foundation, and others like Linux Foundation and Apache," said FINOS Executive Director Gabriele Columbro. > > Early stage open source projects need angel and pre-seed money just like startups, he told LinuxInsider, noting that programs like GitHub Sponsors will be a great way to help get maintainers of open source projects the money they need -- especially for their initial incubation. > > "Of course, this is until they may be ready to take advantage of shared services, cooperative technical and tooling platforms, and types of developer communities that open source foundations provide to projects ready to scale," said Columbro.   [Read the Full Article Here](https://www.linuxinsider.com/story/86042.html)   ### Share this: - [Tweet](https://twitter.com/share) [← FINOS In The News - Want to Achieve True Digital Transformation? 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