Fimple
Fimple provides a cloud-native, API-first, composable core banking platform targeting banks, Islamic banks, neobanks, and BaaS providers across GCC, MENA, Africa, and CIS markets, monetizing via subscription, usage-based, and implementation fees.
- Company typePrivate
- Founded2022
- HeadquartersLondon, United Kingdom
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Fimple does
Fimple is a cloud-native, API-first, composable core banking platform provider founded in 2022 and headquartered in London and Istanbul (legal entity: Fimple Bilişim Sistemleri ve Pazarlama Ticaret Anonim Şirketi, registered in Turkey). The platform processes fundamental banking transactions — accounts, deposits, lending, payments, treasury, trade finance, Islamic finance, and regulatory reporting — in real time using a microservices architecture delivered as Financial Functions as a Service (FFaaS). It targets traditional banks seeking core modernization, Islamic banks requiring AAOIFI-native (not overlay) support for Sharia-compliant structures including Murabaha, Ijara, Diminishing Musharaka, Mudaraba, Wakala, Kafala, and Tawarruq, neobanks, BaaS and embedded finance providers, consumer finance companies, and microfinance institutions across GCC, MENA, Africa, and CIS markets.
The product surface spans a Core Banking Platform with modular add-ons (BaaS, Digital Lending, BNPL, Magic Process Designer, Composable Banking Framework), 18+ banking modules (Customer, Deposit, Loan, Collateral, Limit, Treasury, SWIFT/Remittances, Trade Finance, Cheque, Accounting, Fees, Card Integration, Credit Scoring, Mortgage, Collection, Financial Analysis, 3rd Party Management, Payments), and channels (Web, Mobile, Agency). Technology differentiators include native BPM (Magic Process Designer), definition-based business-user configuration, Kafka-based event streaming for real-time fraud detection, cloud-agnostic deployment (cloud, on-prem, hybrid), and pre-built integrations with AWS, Azure, Google Cloud, Oracle, Deloitte, TeamSec, and Goldenpay. The company holds ISO 27001, ISO 14001, ISO 9001, ISO 20000-1, and ISO 10002 certifications and embeds pre-built compliance for CBUAE, SAMA, and CBE regulatory regimes.
Fimple monetizes through a combination of recurring subscription licensing for the core platform and modules, usage-based transaction fees (pay-as-you-go, no hidden charges or maintenance fees), implementation and professional services for migration and customization, and API/SDK access fees for BaaS and embedded finance partners. Distribution combines direct enterprise field sales (with regional offices in London, Istanbul, Dubai, Riyadh, Cairo, and Baku) with an API-first self-service developer portal. The company has raised approximately $27.5M+ cumulatively (2022 seed $2M, 2023 bridge $3.5M, 2025 Series A $12M led by DN Capital and Smartfin, 2026 follow-on $10M led by Ak Asset Management VC Fund), serves 20+ financial institutions across 5+ countries (Turkey, Singapore, Kosovo, Azerbaijan, Bahrain, plus UAE and Egypt), and employs approximately 200 people. Recent go-lives include Dünya Katılım (1.5-month deployment, January 2024) and İktisat Katılım (June 2026), alongside strategic BaaS partnerships with Mawarid Finance in the UAE.
Fimple firmographics
Firmographics- Name
- Fimple
- Legal name
- Fimple Bilişim Sistemleri ve Pazarlama Ticaret Anonim Şirketi
- Website
- https://fimple.co.uk
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Fimple provides a cloud-native, API-first, composable core banking platform targeting banks, Islamic banks, neobanks, and BaaS providers across GCC, MENA, Africa, and CIS markets, monetizing via subscription, usage-based, and implementation fees.
- Ownership category
- akta.pro rank
Fimple industry classification
Industry- Product category
- Core Banking Software
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Functions Related To Depository Banking, Nec (6099), Finance Services (6199)
- akta.pro primary industry
- Core Banking & Ledger Systems (Cloud Core, Deposits, Accounts) (FSAGAAAC)
- akta.pro secondary industries
- Embedded Deposit Accounts & Digital Wallet Infrastructure (FSAGALAE), Risk, Compliance & Controls for Embedded Finance (KYB/KYC/AML, Fraud, Disputes) (FSAGALAK)
Keywords
Where Fimple is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices6 records
Markets served
Fimple business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Core Banking Platform Licensing: Banking-as-a-Service and core banking platform licensing to financial institutions. Modular licensing allowing institutions to deploy individual modules. Supports both cloud-hosted and on-premise deployment models.
- Transaction and Usage-Based Fees: Usage-based pricing model where institutions pay based on transaction volumes and platform usage. Enables scalable cost structure aligned with business activity.
- Implementation and Professional Services: Professional services for platform implementation, customization, and integration with existing systems. Includes data migration and regulatory compliance setup.
- API and SDK Access: Revenue from fintech partners and BaaS customers accessing core banking capabilities through APIs. Sandbox access and developer tools for ecosystem integration.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Usage-based pricing model with modular deployment options |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels10 records
Fimple product offering
Product offeringCore offering
Fimple provides a cloud-native, API-first, composable core banking platform delivered as Financial Functions as a Service (FFaaS) to banks, Islamic banks, neobanks, BaaS providers, and consumer finance companies. The platform supports conventional and Sharia-compliant banking (Murabaha, Ijara, Diminishing Musharaka, etc.) with AAOIFI-compliant accounting, real-time transaction processing, modular deployment via cloud, on-premise, or hybrid models, and pre-built integrations with regional payment networks and regulators across GCC, MENA, Africa, and CIS markets.
Product overview
Fimple provides a cloud-native, API-first, composable core banking platform with Financial Functions as a Service (FFaaS) architecture. The platform consists of the Core Banking Platform as the foundational system of record, augmented by modular components including Banking-as-a-Service, Digital Lending Platform, Buy Now Pay Later (BNPL), Magic Process Designer, and Composable Banking Framework. Core banking modules cover Customer Management, Deposit Account Management, Loan Management, Credit Scoring, Collateral Management, Limit Management, Treasury & Cash Management, Transfers & Remittances (SWIFT), Payments, Trade Finance, Islamic Banking, Financial Analysis, Collection Management, Mortgage, Cheque Management, Accounting, Fees & Charge Management, Third-Party Management, and Card Integration. Digital channels include Web Banking, Mobile Banking, and Agency Portal. Use cases span Banking-as-a-Service for enterprise clients, Embedded Finance, Retail Banking, Corporate Banking, Islamic Banking, Digital-Only Banking, Consumer Finance, Credit Union, Credit Cooperative, and Fintechs. The platform delivers products in 4 weeks using a usage-based pricing model with flexible cloud or on-premise deployment options.
Differentiator
Problem solved
Functional benefit
Products and services
- Core Banking Platform Cloud-native, API-first, composable core banking system that processes all fundamental banking transactions including account management, deposits, lending, payments, compliance, and regulatory reporting in real time, for banks, Islamic banks, neobanks, and BaaS providers.
- Banking-as-a-Service (BaaS) Next-generation Banking-as-a-Service platform enabling financial and non-financial institutions to unlock new revenue streams and deliver seamless financial services through modular API-accessible banking capabilities, supporting fintech partners, BaaS customers, and embedded finance players.
- Digital Lending Platform Full-featured platform for secured, unsecured, and revolving credit that streamlines loan origination, credit analysis, and loan lifecycle management with end-to-end digital processing capabilities for banks and consumer finance companies.
- Buy Now Pay Later (BNPL) Embedded installment solution that enables transparent, frictionless BNPL capabilities at the point of purchase, optimizing sales and empowering customers for retailers, microfinance, and consumer finance providers.
- Magic Process Designer Native BPM engine designed for the financial sector that enables banks and financial institutions to alter their business processes through designer UIs without requiring developer or IT support.
- Composable Banking Framework Modular composable architecture that enables financial institutions to evolve their technology stack with independently deployable components, supporting flexible deployment and faster time-to-market through the 'Side Core Banking' approach.
- Islamic Banking Platform Native Sharia-compliant banking module supporting Murabaha, Ijara, Diminishing Musharaka, Mudaraba, Wakala, Kafala, and Tawarruq structures with AAOIFI-compliant accounting treatments and automated Sharia audit trails, for Islamic banks and participation banks.
- Embedded Finance Solution enabling non-financial institutions to integrate financial services directly into their platforms for frictionless customer experiences via API-first integration.
- Retail Banking Solution Banking solution empowering banks to deliver personalized, fast, and fully digital retail banking experiences for individual consumers.
- Corporate Banking Solution Scalable, agile solution for corporate clients to optimize cash flow, trade finance, and corporate lending for business banking customers.
- Developer Hub Developer portal providing API documentation in OpenAPI 3.0 format, interactive API exploration tools, sandbox environment, user guides, video tutorials, and SDKs for fintech partners and developers building on the Fimple platform.
Quantifiable outcome
- Time-to-market reduced from 6-12 months to 4 weeks for new banking products
- +4 more outcomes
Companies that use Fimple
Customer profileNamed customers14 records
Segments7 records
Ideal customer profiles6 records
Fimple technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability5 records
Feature9 records
Fimple partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- Mawarid FinancecoreStrategic partnership to develop Banking-as-a-Service capabilities through a new composable banking platform. Fimple provides its core banking technology as a 'Side Core Banking' layer integrating with Mawarid's existing infrastructure, enabling new services and upgrades without replacing current core systems. The partnership was announced at the Mawarid Fintech Summit 2026 and supports UAE's vision for digital financial ecosystem.
- TeamSeccoreStrategic partnership to offer securitization capabilities to Fimple customers via TeamSec's Perfect Cube Platform. Banks using Fimple can integrate loan and receivables portfolios directly with TeamSec platform, enabling access to securitization ecosystem and capital markets operations without additional systems or lengthy implementation processes.
- GoldenpaycorePartnership to launch fully digital lending services in Azerbaijan. Fimple provides an API-driven digital lending platform integrated with its Core Banking platform to enable end-to-end digital lending solutions for individual and corporate customers. This enables Goldenpay's expansion beyond payments into credit services under its electronic money institution licence.
- DeloitteminorProfessional services and consulting partner in Fimple's ecosystem for implementation and advisory services.
Scale indicators8 records
Recent moves7 records
Expansion highlights6 records
Fimple competitors and assessment
Company assessmentDirect peers
- Mambu: Mambu is a cloud-native, composable core banking platform serving neobanks, incumbents, and BaaS providers with API-first architecture. It is the closest direct competitor to Fimple's modular core banking and BaaS proposition.
- Thought Machine: Thought Machine provides Vault, a cloud-native core banking engine deployed by Tier-1 banks globally. Comparable to Fimple in targeting large banks with cloud-native core replacement, though with deeper Tier-1 references and broader geographic reach.
- 10x Banking: 10x Banking offers a cloud-native, API-first core banking platform used by challenger and incumbent banks in the UK, Europe, and beyond. Highly comparable in technology philosophy and target buyer to Fimple.
- Solarisbank / Solaris SE: Solaris offers a BaaS platform enabling businesses to embed financial services via APIs. Directly comparable to Fimple's BaaS and embedded finance modules, though with a stronger European focus.
Broad incumbents
- Temenos: Temenos is a global incumbent in core banking software with deep multi-region installed base and an expanding cloud/SaaS portfolio (Temenos Banking Cloud). It competes with Fimple in the same buyer RFPs but with a much larger installed base and longer track record.
- Finastra: Finastra is a large incumbent banking technology provider offering core, lending, payments, and treasury platforms. Overlaps with Fimple across core banking, lending, and trade finance modules.
- nCino: nCino provides a cloud banking platform combining CRM, loan origination, and core account opening for commercial and retail banks. Comparable to Fimple's loan management and customer module proposition.
Emerging players
- Backbase: Backbase is an Engagement Banking Platform that orchestrates customer journeys on top of existing cores. Comparable to Fimple's Side Core Banking approach — incremental modernisation without replacing legacy systems.
- Oradian: Oradian provides cloud-based core banking software for microfinance institutions and banks in emerging markets across Africa, Asia, and the Middle East. Comparable to Fimple's microfinance/credit union/credit cooperative use cases and emerging-market GTM focus.
Regional players
- Mambu (BaaS overlap) — replace with Treezor: Treezor is a European-licensed Banking-as-a-Service provider offering core banking, payments, and KYC infrastructure to fintechs. Comparable to Fimple's BaaS use case, but primarily serving the French/European market.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights5 records
Customer concentration
Fimple social profiles
Digital presenceFimple compliance and trust
Trust signalCompliance5 records
Fimple financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fimple leadership team
Management profileNumber of profiles
Profiles6 records
Fimple funding detail
Funding detailFunding overview
Funding rounds4 records
Investors8 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fimple M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Fimple
What does Fimple do?
Fimple provides a cloud-native, API-first, composable core banking platform delivered as Financial Functions as a Service (FFaaS) to banks, Islamic banks, neobanks, BaaS providers, and consumer finance companies. The platform supports conventional and Sharia-compliant banking (Murabaha, Ijara, Diminishing Musharaka, etc.) with AAOIFI-compliant accounting, real-time transaction processing, modular deployment via cloud, on-premise, or hybrid models, and pre-built integrations with regional payment networks and regulators across GCC, MENA, Africa, and CIS markets.
Is Fimple a public or private company?
Fimple is a private company. It is classified as venture growth investor backed and is currently operating.
When was Fimple founded?
Fimple was founded in 2022. It employs 101 to 250 people.
Where is Fimple based?
Fimple is headquartered in London, United Kingdom, in the Europe region.
How does Fimple make money?
Four revenue lines are on record. Core Banking Platform Licensing is the primary driver. The others are transaction and Usage-Based Fees, implementation and Professional Services and API and SDK Access.
Who are Fimple's main competitors?
Direct peers on record are Mambu, Thought Machine, 10x Banking and Solarisbank / Solaris SE. Broad incumbents are Temenos, Finastra and nCino. Emerging players are Backbase and Oradian. Mambu (BaaS overlap) — replace with Treezor is listed as a regional player.
Does Fimple have an API?
Yes. Fimple offers an API-first core banking platform where all financial functions are exposed as APIs following open banking security principles. Supports REST and GraphQL protocols. The API provides access to core banking capabilities including customer management, accounts, payments, lending, Islamic finance, trade finance, compliance, and reporting. Disabling APIs and modifying authorization levels can be done from configuration panels without developer intervention. A sandbox environment is available for testing integrations against realistic data. Comprehensive documentation provided in OpenAPI 3.0 format. Developer documentation is at support.fimple.co.uk.
What industry is Fimple in?
Fimple's product category is Core Banking Software. Its primary akta.pro industry code is FSAGAAAC, Core Banking & Ledger Systems (Cloud Core, Deposits, Accounts), with a secondary code of FSAGALAE, Embedded Deposit Accounts & Digital Wallet Infrastructure. Its NAICS code is 522320 and its SIC code is 6099.