Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

MENA Fintech Association Welcomes Fimple As A Member To Accelerate Cloud-Native Banking Innovation Across The Region

Date 29/06/2026

The MENA Fintech Association (MFTA), the region’s leading not-for-profit fintech industry body and globally ranked among the top fintech associations, is pleased to welcome Fimple, a next-generation cloud-native core banking platform provider, as a new corporate member. MFTA continues to play a central role in advancing collaboration, innovation, and regulatory engagement across the Middle East and Africa.

Fimple joins MFTA at a time when banks, fintechs, and financial institutions across the region are accelerating digital transformation initiatives and seeking more agile, scalable, and future-ready banking infrastructure. As financial services providers increasingly modernize legacy systems and embrace embedded finance, Banking-as-a-Service (BaaS), and digital-first business models, cloud-native core banking platforms are becoming a critical foundation for innovation and growth.

Founded in 2022, Fimple provides a composable, API-first, cloud-native banking platform designed to help financial institutions launch products faster, reduce operational complexity, and adapt quickly to evolving business, market, and regulatory requirements . Its platform enables banks and fintechs to deploy modular financial services across payments, lending, deposits, trade finance, treasury, customer management, and digital banking channels through a flexible Financial Functions as a Service (FFaaS) model.

Today, Fimple supports more than 20 financial institutions globally and operates across key markets including the United Kingdom, UAE, Türkiye, Egypt, Azerbaijan, and other growth markets. The company’s cloud-native architecture, microservices-based design, and API-first approach enable institutions to accelerate innovation while maintaining operational resilience and scalability.

As part of its engagement with the Association, Fimple will contribute its expertise to MFTA’s ecosystem initiatives focused on digital banking, core modernization, embedded finance, open finance, and next-generation financial infrastructure. The company’s experience supporting both conventional and Islamic banking models aligns closely with the region’s evolving financial services landscape.

Mücahit Gündebahar, CEO, Fimple, commented: 

"We are delighted to join the MENA Fintech Association and become part of one of the region's most influential fintech ecosystems. At Fimple, we believe the future of banking lies in flexible, cloud-native, and composable technology that enables institutions to innovate faster and respond more effectively to changing customer expectations. We look forward to collaborating with MFTA members, regulators, and industry leaders to help accelerate the next phase of financial services transformation across the MENA region."

Amr Kandel, GCC Country Manager, Fimple also commented:

"The GCC market continues to be one of the most dynamic and innovation-driven banking environments globally. Joining MFTA represents an important milestone in strengthening Fimple's engagement across the region. We are committed to working closely with banks, fintechs, and ecosystem partners to support their modernization initiatives and help deliver the next generation of digital banking experiences."

Nameer Khan, Chairman of the MENA Fintech Association and Founder of Fils, added:

"The future of banking in MENA will not be built on legacy infrastructure - it will be built on platforms designed for the pace of change we are already living. Fimple’s cloud-native, composable approach to core banking is precisely the kind of capability our ecosystem needs as financial institutions move from digitising processes to reimagining them entirely. We welcome Fimple to the MENA Fintech Association and look forward to the value they will bring to the region’s financial architecture.”