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Fimple, a pioneering technology company in the financial sector, has successfully completed its latest investment activity known as the Bridge Investment Tour.
The company successfully secured an additional $3.5 million, bringing the total investment to $5.5 million. This funding round was led by his Apy Ventures, with notable contributions from KT Portfolio, Tera Portfolio, and several angel investors.
This $5.5 million new capital injection will strengthen Fimple’s mission to redefine the financial industry. Founded in 2022, his Fimple is known for its cutting-edge, cloud-native core banking solutions. With offices in Istanbul and headquarters in London, Fimple represents a global team of over 70 professionals dedicated to revolutionizing finance through innovative technology.
The company plans to use this investment to significantly expand global markets and accelerate the transformation of the financial sector. The focus will be on enhancing Fimple’s cloud-native plug-and-play platform, which operates on the principles of “Financial Function as a Service.” This strategy aims to increase Fimple’s competitiveness and improve its customer service delivery.
Mücahit Gündebahar, CEO of Fimple, emphasized the importance of this funding. “This investment will significantly support our mission to strengthen our technology infrastructure and shape change in the financial industry through our leadership.”
Fimple has set ambitious short-term goals including global expansion by 2024, targeting the European, Balkan, Gulf and African markets in particular. The company is poised to leverage his API-based technology and experienced team to increase its impact in the financial industry.
Additionally, Fimple is dedicated to simplifying operations for industry participants with a scalable, ecosystem-enabled platform. This service model focuses on meeting fundamental needs such as maintaining competitive technology capabilities and regulatory compliance, allowing financial institutions to focus on their business models, products, and customers. .
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