Fimple Surpasses Milestone with $5.5 Million Bridge Investment: A Game-Changer for Finance Tech Innovation
Fimple, a trailblazing technology company in the finance sector, recently concluded its highly successful Bridge Investment Tour, securing an impressive $3.5 million and bringing its total investment to a substantial $5.5 million. This funding round, spearheaded by Apy Ventures, saw significant contributions from KT Portfolio, Tera Portfolio, and various angel investors.
The $5.5 million infusion will empower Fimple in its mission to redefine the finance industry. Founded in 2022, Fimple is renowned for its state-of-the-art cloud-native core banking solutions. With offices in Istanbul and a central hub in London, Fimple boasts a global team of over 70 experts committed to revolutionizing finance through cutting-edge technology.
This substantial investment will be strategically allocated to propel Fimple’s global market expansion and accelerate its transformation of the finance sector. The primary focus will be on fortifying Fimple’s cloud-native plug-and-play platform, operating under the “Financial Function as a Service” principle, with the goal of enhancing competitiveness and elevating customer service offerings.
Short-Term Goals and Strategic Vision of Fimple
Mücahit Gündebahar, Fimple’s CEO, underscored the significance of this funding, stating, “This investment will give a great boost to our mission of strengthening our technological infrastructure and shaping the change in the finance industry through leadership.”
Fimple has outlined ambitious short-term objectives, with a keen eye on global expansion, targeting European, Balkan, Gulf, and African markets by 2024. Armed with API-based technology and a seasoned team, Fimple is poised to amplify its influence in the finance industry.
Innovative Solution Approach and Ecosystem Collaborations of Fimple
Additionally, Fimple remains committed to streamlining operations for industry players through its scalable, ecosystem-ready platform. This service model is designed to address fundamental needs, such as maintaining competitive technological features and ensuring regulatory compliance. This approach enables financial institutions to focus on their business models, products, and customers.
About Fimple
Established in 2022, Fimple is a technology company providing cloud-native core banking solutions in the finance sector. Operating in a total of 4 different locations with offices in Istanbul and a central office in London, the company represents a global team of more than 70 experts. Fimple continues its vision of adding value to the finance sector with solutions based on SaaS architecture and cloud-native microservices.
Source: Fimple