Turkey-based Fimple has successfully raised $12 million in Series A funding, marking a significant milestone in journey. The funding round was led by DN Capital and Smartfin, with continued participation from our existing investors APY Ventures and Tera Portfolio.
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This investment will accelerate company’s product development efforts and drive its international expansion, particularly into the MENA and CIS regions.
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Fimple’s composable and cloud-native core banking platform is already trusted by some of Turkey’s leading financial institutions, including Aytemiz Investment Bank, Misyon Bank, Hedef Investment Bank, and Q Investment Bank. Beyond Turkey, the company serve clients across five other countries, delivering tailored solutions to diverse financial segments and enabling institutions to adapt to evolving market demands.
With its flexible deployment options—cloud or on-premise—and rapid configurability, our platform delivers a comprehensive suite of banking and lending modules. It is designed to tackle the challenges faced by both traditional and modern financial institutions, including pre-configured solutions for Sharia-compliant finance.
This new investment strengthens its mission to scale internationally. With an established presence in Egypt and GCC countries, Fimple is now setting sights on expanding into the MENA and CIS regions. By leveraging our success in Turkey, it aim to replicate that growth across global markets.
Mücahit Gündebahar, CEO of Fimple, said: “This investment will fuel the development of our innovative products and help us reach new markets. Our mission is to empower financial institutions with the most robust and flexible core banking solutions available.”
Guy Ward Thomas, Partner at DN Capital, sais: “Banks globally are striving to replace outdated legacy systems while competing with agile FinTechs. Fimple provides the ideal solution, enabling banks to launch new products and services quickly and efficiently.”
Jürgen Ingels, Partner at Smartfin, said: “Modernizing core banking systems is a top priority for financial institutions adapting to dynamic market demands. Fimple’s scalable and adaptable platform is well-positioned to lead this transformation.”
About Fimple
Fimple is a Cloud-native Core Banking. Established in January 2022 as a product-focused company addressing financial sector players’ problems by creating a cloud-based system with the new generation of technology and business needs.
Fimple is proposing a composable finance solution with native API’s, based on SaaS Architecture and Cloud-native microservices. By using Fimple Transaction Composer, banks and financial institutions can develop/reconfigure products and services and offer them to their customers and fintech partners
