Unlocking New Horizons in Banking: Fimple’s Impressive $12M Series A Funding
In an exciting development for the fintech landscape, Fimple, a pioneering London-based provider of cloud-native core banking software, has successfully raised $12 million in a Series A funding round. This significant investment was spearheaded by DN Capital and Smartfin, with notable participation from existing investors, Albaraka Portfolio and Tera Portfolio. The fresh capital is set to fuel Fimple's ambitious plans for international expansion, particularly into the MENA region and the CIS market, while also propelling product innovation to new heights.
Founded by visionaries Mücahit Gündebahar and Abdurrahman Çınar, Fimple boasts a state-of-the-art core banking platform that leverages cloud technology for unmatched flexibility.
This composable core banking system not only supports diverse deployment options—including both cloud and on-premises solutions—but also features rapid configurability and a comprehensive suite of banking and lending modules. Notably, the platform includes out-of-the-box support for Sharia-compliant finance, meeting the unique needs of a growing customer base focused on ethical banking practices.
Presently, Fimple is making waves in the financial sector, serving clients across five different countries with a diverse array of financial products. Its trusted partnerships with leading institutions, such as Aytemiz Investment Bank, Misyon Bank, Hedef Investment Bank, and Q Investment Bank in Turkey, underscore the company's capability and credibility in the market. As Fimple capitalizes on this new funding, the startup stands poised to reshape the landscape of banking technology and attract keen interest from investors looking for innovative opportunities in fintech.
# | Investor | Sector | Stage | Activity | Team | Connect |
---|---|---|---|---|---|---|
1 | ![]() DN Capital | 1 investment(s) investment(s) | more info | |||
2 | ![]() Aytemiz Investment Bank | 1 investment(s) investment(s) | more info | |||
3 | ![]() Misyon Bank | 1 investment(s) investment(s) | more info | |||
4 | ![]() Hedef Investment Bank | 1 investment(s) investment(s) | more info | |||
5 | ![]() Q Investment Bank | 1 investment(s) investment(s) | more info |
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