Sunday, February 23, 2025
Anasayfa » Fimple Secures $12M Funding to Expand Its Core Banking Platform Globally

Fimple Secures $12M Funding to Expand Its Core Banking Platform Globally

by Venturezet
Core Banking Platform

Fimple, a core banking platform provider offering fully flexible and modular solutions for both cloud-based and on-premise deployments, has successfully raised $12 million in a Series A funding round.

Headquartered in Istanbul and London, Fimple specializes in modular core banking software, enabling financial institutions to rapidly adapt to evolving banking needs. The funding round was led by DN Capital and Smartfin, with continued support from existing investors APY Ventures and Tera Portföy.

Accelerating Growth and Market Expansion

This new investment will empower Fimple to enhance product innovation, scale operations, and expand into new markets, particularly across the MENA (Middle East & North Africa) and CIS (Commonwealth of Independent States) regions. The company is already active in Egypt and Gulf countries, with plans to further strengthen its presence in these key markets.

A Next-Generation Core Banking Platform

Founded by Mücahit Gündebahar and Abdurrahman Çınar, Fimple brings decades of expertise in the core banking industry, delivering next-generation solutions tailored for financial institutions.

The Fimple core banking platform stands out for its:

  • Fully flexible deployment options (cloud-based or on-premise)
  • Rapid configurability for diverse financial needs
  • Comprehensive suite of banking and lending modules
  • Pre-configured Islamic finance modules for interest-free banking solutions

These features position Fimple as a leading provider of adaptable, high-performance core banking solutions, catering to both traditional and digital-first banks.

Commitment to Global Expansion

Fimple CEO Mücahit Gündebahar emphasized the company’s strategic vision for growth, stating:

“This investment will strengthen our ability to enhance our products and expand into new regions. Our goal is to replicate our success in Türkiye across international markets and provide financial institutions with the most powerful and flexible core banking solutions available.”

With its scalable architecture, fast implementation capabilities, and future-ready banking modules, Fimple is set to transform banking technology and drive digital innovation in financial services worldwide.

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