We are excited to announce our strategic partnership with Algoritma.
a fintech leader in payment infrastructure and digital wallet solutions, to redefine the future of finance in Azerbaijan.
Through this collaboration, we empower financial and non-financial institutions to launch fully digital banks in just 4-6 weeks. By combining our composable, API-first core banking platform with Algoritma’s next-generation SaaS/BaaS capabilities—including payments, wallets, cards, and PSP services—we accelerate digital transformation, particularly for banks, microfinance institutions (NBCO/BOKT) and fintechs.
With this partnership, we provide an all-in-one digital banking solution:
- Core banking modules (Customer, Accounts, Lending, BNPL)
- Card infrastructure (physical & virtual cards, Apple & Google Pay integration)
- Digital wallet and payment systems
- KYC and digital onboarding
- PSP services and advanced security (anti-fraud, DCC, merchant panel)
- 24/7 managed hosting and support from Tier III, PCI DSS-certified data centers in Azerbaijan
We also deliver advanced features such as
digital onboarding, AML/KYC compliance, real-time monitoring, automated reconciliations, loyalty programs, salary advances, microloans, and investment modules—enabling our clients to deliver secure, seamless, and innovative financial experiences.
Oğuzhan Yılmaz, Country Manager of Fimple Azerbaijan, commented:
“Our goal is to empower banks, fintech, and microfinance institutions in Azerbaijan by removing the barriers to digital transformation. Together with Algoritma, we have developed a solution that enables institutions to become digital banks not in months, but in just weeks—bringing significant value to the sector through speed, flexibility, and cost efficiency. We take pride in delivering Azerbaijan’s fully regulatory-compliant SaaS digital banking solution.