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Bulgaria's Sirma partners with UK's Fimple on financial services

Feb 2, 2024, 3:11:08 PMArticle by Mihaela Miteva
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February 2 (SeeNews) - Bulgarian software developer Sirma Group Holding [BUL:SGH] said it has entered a strategic partnership with UK-based fintech Fimple to integrate its financial services into Fimple’s offerings.

Bulgaria's Sirma partners with UK's Fimple on financial services
Photo: Fimple

The partnership aims to enhance Fimple’s existing services, introduce innovative features that meet evolving market demands and ensure seamless project delivery, Sirma Group said in a statement on Wednesday.

The software developer will optimise financial integrations for Fimple’s existing and future clients, bolstering the fintech's ability to provide various digital banking experiences.

Using Sirma's expertise in technology services and IT consulting, Fimple seeks to offer more competitive and sophisticated solutions as part of its mission to simplify and innovate financial services, the UK firm said in a separate statement.

London-headquartered Fimple, founded in January 2022, provides a cloud-native core banking platform to address challenges within the financial sector.

Sirma Group Holding, established in 1992, is a leading Bulgarian IT group specialising in IT technologies, software development and system integration. As of 1345 CET on Friday, shares in Sirma Group traded 3.33% lower at 0.725 levs ($0.40/0.37 euro) on the Bulgarian Stock Exchange.

(1 euro = 1.95583 levs)

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