Fimple secures £9.6m Series A funding led by DN Capital and Smartfin to expand internationally.
The round was co-led by DN Capital and Smartfin with participation from Albaraka Portfolio and Tera Portfolio.
Fimple provides a fully flexible and composable core banking platform that can be deployed in the cloud or on-premise. The technology allows financial institutions to launch products efficiently and manage comprehensive banking modules.
Fimple has secured £9.6m in a Series A funding round co-led by DN Capital and Smartfin. Existing backers Albaraka Portfolio and Tera Portfolio also participated in the financing.
The capital will be deployed to drive international expansion into the wider MENA and CIS regions while accelerating product innovation and development.
Founded in 2022, the company provides a flexible core banking platform designed to help traditional institutions replace legacy infrastructure.
Investor perspective
"Banks worldwide face the challenge of replacing outdated legacy systems while competing with agile fintechs. Fimple offers an ideal solution, enabling banks to launch new products and brands quickly and efficiently."
Guy Ward Thomas
Partner, DN Capital
Use of funds
- 01Expand into international markets
- 02Continue product development