What Fintech Farm does

Fintech Farm is a UK-registered financial technology company founded in 2020 that builds and operates digital banks (neobanks) in emerging markets on behalf of traditional licensed banks. The company targets incumbent retail banks that lack the internal capability to launch digital-first offerings, providing a full-stack partnership model that combines proprietary technology, credit decisioning expertise, and data-driven customer acquisition and retention processes. Through six market-specific sub-brands — Leobank in Azerbaijan, Liobank in Vietnam, Roarbank in India, Simbank/Simba in Kyrgyzstan, Tez in Uzbekistan, and Credit+ in Morocco — Fintech Farm serves more than 4 million cumulative end customers across South Caucasus, Southeast Asia, South Asia, Central Asia, and North Africa.

The company's core offering, 'Neobank in a Box,' is an end-to-end microservices platform built on Go/Golang, MongoDB, Kafka, and Docker/Kubernetes, with a Python-based machine learning layer (PyTorch, TensorFlow, Scikit-learn, Pandas) and ClickHouse and PostgreSQL analytical databases. Credit decisioning is the technical heart of the product: AI/ML application and behavioral risk-scoring models, a configurable Credit Decisioning System (CDS), and fraud detection based on transaction monitoring and anomaly detection. The user-facing layer is a gamified mobile app branded 'The Lion' (a registered trademark) that uses generative AI to personalize the Saving Pot savings product. Process automation runs on Corezoid, a cloud process engine founded by co-founder Oleksandr Vitiaz (author of 35 patents).

Fintech Farm monetizes through a purely performance-based compensation model aligned with each partner bank's success. The company signs deals with a single licensed bank per market, provides the technology stack and operational expertise, and shares in the economics of credit, payments, savings, and card products originated in the digital channel. Distribution combines direct B2B enterprise sales to bank executives with B2C self-serve onboarding via iOS and Android apps, supported by ASO/SEO, paid media, influencer campaigns, and in-app engagement. A July 2024 memorandum of cooperation with Visa extends the company's reach across the CEMEA region. The company has raised over $32M cumulatively as of May 2025, was valued at over $100M by August 2025, and is preparing for an IPO.

Name

Fintech Farm

Legal name

Fintech Farm Ltd

Website

https://fintech-farm.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

101–250 employees

Short description

UK-registered Fintech Farm (founded 2020) builds and operates credit-led neobanks in emerging markets through partnerships with local licensed banks. Its 'Neobank in a Box' tech stack powers six market-specific digital banks across Azerbaijan, Vietnam, Kyrgyzstan, India, Uzbekistan, and Morocco, serving 4M+ customers.

Ownership category

akta.pro rank

Product category

Digital Banking Platform

NAICS

Commercial Banking (522110)

SIC

Finance Services (6199)

akta.pro primary industry

Digital Banking & Neobank Platforms (BPAMAFAD)

akta.pro secondary industries

Retail-focused Neobanks (Mass Market) (FSABAFAA), Embedded/Platform Neobanks (Banking-as-a-Feature) (FSABAFAF)

Keywords

• Neobank platform provider
• Digital banking technology
• Credit decisioning engine
• Embedded finance solutions
• Emerging market banking

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Performance-based compensation from partner banks: Compensation is purely performance-based (aligned with neobank success). Revenue is generated by partnering with traditional banks to launch and run digital banks, then sharing in the economics of credit, payments, savings and card products in those markets.
2. Credit-led product economics: Credit-led approach with focus on affordable credit via debit and credit cards; revenue tied to interest/fees on the credit portfolio originated within the partner bank's digital channel.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels9 records

Core offering

Fintech Farm helps traditional banks create and run digital banks (neobanks) by providing an end-to-end technology stack — mobile app, credit engines, AI-powered credit models, data-driven customer acquisition and retention processes, and customer service. The company partners with one licensed local bank in each market and earns purely performance-based compensation tied to the neobank's commercial success, currently operating Leobank (Azerbaijan), Liobank (Vietnam), Roarbank (India), Simbank (Kyrgyzstan), Tez (Uzbekistan), and Credit+ (Morocco).

Product overview

Fintech Farm operates a platform-plus-modules architecture centered on its core offering, "Neobank in a Box," which delivers an end-to-end technology stack (mobile app, credit engines, AI-powered credit models, data-driven customer acquisition/retention, customer service) to traditional banks that want to launch digital banks. On top of this shared platform, Fintech Farm runs a portfolio of market-specific neobank sub-brands — Leobank in Azerbaijan, Liobank in Vietnam, Roarbank in India, Simbank in Kyrgyzstan, Tez in Uzbekistan, and Credit+ in Morocco — each operated in partnership with a local licensed bank. Add-on modules such as the Saving Pot savings product (with AI-generated personalized images and Apple Pay / Google Pay top-up) are deployed across multiple neobanks to drive engagement and lower-cost funding.

Differentiator

Problem solved

Functional benefit

Products and services

• Neobank in a Box End-to-end "Neobank in a Box" technology and operating platform that Fintech Farm provides to licensed partner banks: mobile application, credit engines, AI/ML-powered credit models, data-driven customer acquisition and retention, gamified UX ("The Lion"), and customer service. Customers of this product are licensed banks in emerging markets.
• Leobank Credit-led consumer neobank for the Azerbaijani market, operated in partnership with a local licensed bank. Offers debit/credit cards, payments, savings, BNPL and cashback rewards to mass-market and underbanked consumers in Azerbaijan.
• Liobank Credit-led consumer neobank for the Vietnamese market, operated in partnership with a local licensed bank. Offers credit cards, payments, savings and cashback to Vietnamese consumers.
• Roarbank Credit-led consumer neobank for the Indian market, operated in partnership with Unity Small Finance Bank. Offers credit-led products to underbanked Indian consumers via a mobile-first app.
• Simbank Credit- and deposit-led consumer neobank for the Kyrgyz market (consumer-facing brand: Simba), operated in partnership with DosCredoBank. Offers cards, deposits, payments and is being extended with SME offers.
• Tez Credit-led consumer neobank for the Uzbek market, operated in partnership with Hamkorbank. Offers a credit card with limits up to 50 million UZS (~USD 4,000), cashback, payments and savings.
• Credit+ Neobank for the Moroccan market, operated by Fintech Farm with a local partner bank under the Credit+ brand.
• Saving Pot Round-up savings product deployed across Fintech Farm's neobanks: lets customers set simple rules (e.g., "Round up spending by 5%") to save effortlessly, with AI-generated personalised images for each saving goal and Apple Pay/Google Pay top-ups.

Quantifiable outcome

• 1,000,000 customers reached by Liobank in Vietnam on 2 Feb 2026
• +7 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability9 records

Feature6 records

Partnerships

Four partnerships are on record, tiered flagship.

• HamkorbankflagshipStrategic or Co-development Partner · 20 December 2025Local commercial bank partner in Uzbekistan for the launch of the Tez neobank (announced 20 Dec 2025). Hamkorbank provides the licensed banking rails and local expertise; Fintech Farm provides the "Neobank in a Box" technology stack.
• DosCredoBankflagshipStrategic or Co-development Partner · 16 April 2025Local Kyrgyz partner bank for the launch of Simbank/Simba neobank. Simbank reached 100,000 customers by 16 April 2025 and 400,000 by 11 January 2026, with ~80% MAU.
• Unity Small Finance BankflagshipStrategic or Co-development Partner · 6 April 2025Local Indian partner bank for the launch of Roarbank, a credit-led neobank (announced April 2025). Over 100,000 pre-launch sign-ups within days of opening the waitlist.
• VisaflagshipStrategic or Co-development Partner · 10 July 2024Visa and Fintech Farm signed a memorandum of cooperation in Dubai on 10 July 2024 to collaborate on developing innovative digital banking solutions in the Central and Eastern Europe, Middle East and Africa (CEMEA) region. Visa brings payment rails and partner bank relationships; Fintech Farm brings the "Neobank in a Box" product.

Scale indicators15 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Mambu: Mambu is a Berlin-based core-banking / BaaS platform used by challenger banks and incumbents to launch digital financial products. It is the closest direct competitor to Fintech Farm's "Neobank in a Box" offering, serving similar bank customers with composable banking infrastructure.
• Thought Machine: Thought Machine provides cloud-native core banking technology (Vault) used by global banks and challenger banks to build digital propositions. Comparable to Fintech Farm because both sell banking infrastructure to traditional banks seeking neobank capabilities.
• 10x Banking: 10x Banking is a UK-based core-banking platform sold to incumbent banks to power digital transformation. Directly comparable to Fintech Farm's value proposition of giving traditional banks a modern digital banking stack without building it in-house.
• Solaris SE: Solaris is a Berlin-based Embedded Finance / BaaS provider offering banking-as-a-service infrastructure (IBANs, cards, KYC, lending) to digital platforms. Like Fintech Farm, it enables non-banks and incumbents to launch digital financial products quickly.
• Banking Circle: Banking Circle provides banking infrastructure (accounts, payments, FX, lending) to fintechs and banks. Comparable to Fintech Farm as a banking-rails-and-infrastructure provider serving the same emerging-market and cross-border digital banking use cases.

Broad incumbents

• Galileo Financial Technologies (SoFi): Galileo, owned by SoFi, is a large-scale payments and BaaS infrastructure platform powering many neobanks globally. A broader incumbent competitor to Fintech Farm's stack with deeper scale and a wider product set.
• Marqeta: Marqeta is a card-issuing and payments infrastructure platform used by challenger banks and fintechs (including several neobanks). Adjacent / overlapping competitor to Fintech Farm's card-led credit offering in emerging markets.

Regional players

• TymeBank: TymeBank is a South African digital retail bank serving underbanked mass-market consumers. Comparable as an emerging-market digital banking operator focused on credit-led, mobile-first propositions, although it operates only in Africa and is not a BaaS platform.
• Kuda Bank: Kuda is a Nigeria-based digital-only bank serving underbanked consumers across West Africa. Comparable to Fintech Farm's retail emerging-market neobanks in target customer, credit-led product mix and mobile-first UX.

Others

• Monobank: Monobank is the Ukrainian neobank co-founded by Fintech Farm CEO Dmytro Dubilet (10m+ customers, now bank #2 in Ukraine). It is the reference neobank from which Fintech Farm's playbook originates, although it is not a commercial competitor.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat5 records

Key risks2 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/fintech-farm1

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries6 records

Funding overview

Funding rounds4 records

Investors11 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fintech Farm