Fimple Secures $12M Series A Funding to Expand Core Banking Solutions Globally

Fimple Co-Founders: Abdurrahman Cinar (CTO) and Mücahit Gündebahar (CEO)

Fimple, a provider of composable and cloud-native core banking solutions based in Turkey, has successfully secured US$12 million in Series A funding.

This investment was led by DN Capital and Smartfin, with continued support from existing investors APY Ventures and Tera Portfolio.

The funds will be used to accelerate product development and expand Fimple’s international footprint, particularly in the MENA and CIS regions.

Beyond Turkey, the company serves clients in five other countries, offering tailored financial solutions that help institutions navigate the evolving banking landscape.

With flexible deployment options – either cloud-based or on-premise – its platform provides a comprehensive suite of banking and lending modules, including pre-configured solutions for Sharia-compliant finance.

With a growing presence in Egypt and the GCC region, Fimple is focused on further international expansion. The company aims to leverage its success in Turkey to drive growth in new markets.

Commenting on the investment, 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."

Source: Fintech News Middle East