FIMPLE is a United Kingdom-based startup founded in 2022, offering a cloud-native core banking system for financial institutions with the “Financial Function as a Service” principle. The company addresses the complexity, onboarding challenges, and high operational costs associated with current banking products in the market. Being product-focused, FIMPLE leverages cloud-based systems with the latest technology to cater to the evolving business needs of the financial sector.
FIMPLE's last investment of $3.50M in a Seed Round on 26 December 2023 attracted investments from notable firms such as APY Ventures, Tera Portfoy, and KT Portföy. The startup operates in the Financial Services, Fintech, and Banking industries, positioning itself as a composable finance solution built on SaaS Architecture and cloud infrastructure. With the FIMPLE Transaction Composer, banks and financial institutions can develop and offer products and services to their customers and fintech partners, aligning with the market's demand for agile and customer-centric financial solutions.