We’ve Raised $12 Million in Series A Funding

We are excited to announce that Fimple has successfully raised $12 million in Series A funding, marking a significant milestone in our journey. This funding round was led by DN Capital and Smartfin, with continued participation from our existing investors APY Ventures and Tera Portfolio. This investment will accelerate our product development efforts and drive our international expansion, particularly into the MENA and CIS regions.

Flexible, Composable, and Cloud-Native Platform

Our 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, we proudly 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.

Regional and Global Expansion

This new investment strengthens our mission to scale internationally. With an established presence in Egypt and GCC countries, we are now setting our sights on expanding into the MENA and CIS regions. By leveraging our success in Turkey, we aim to replicate that growth across global markets.

Commenting on this milestone, 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.”

Backed by Strong Investors and Strategic Vision

The participation of leading investors highlights the trust in our platform and its transformative potential in the financial industry. Guy Ward Thomas, Partner at DN Capital, shared his thoughts:
“Banks globally are striving to replace outdated legacy systems while competing with agile FinTechs.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.”

Similarly, Jürgen Ingels, Partner at Smartfin, emphasized the importance of our platform:
“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 Our Investors

DN Capital: A global early-stage venture fund focused on Series A investments in fintech, consumer internet, and B2B software. DN Capital has been an investor in several industry-leading companies, including Shazam, Remitly, and Auto1.

Smartfin: A European venture and growth capital investor managing over €600 million in assets. Smartfin specializes in technology-driven B2B companies and has a track record of supporting innovation and growth.

APY Ventures: Established by Albaraka Portfolio, APY Ventures manages multiple venture capital funds and focuses on supporting technology-based and innovation-driven startups across various growth stages.

Tera Portfolio: A subsidiary of Tera Holding, Tera Portfolio focuses on thematic venture capital and private equity investments, supporting early-stage startups in fintech and technology sectors.

Sign up for updates

Sign up for our Fimple newsletter.

This website stores cookies on your computer. These cookies are used to improve your website experience and provide more personalised services to you, both on this website and through other media. To find out more about the cookies we use, see our Privacy Policy.