NEWSROOM

Q Investment Bank preferred the cloud-based private banking software Fimple, which consists entirely of API, as the banking infrastructure.

TURKEY - Aiming to be the best business partner for domestic and foreign investors with its specially prepared services and service quality at international standards, Q Investment Bank received its establishment permission from the BRSA in the last quarter of 2022. Q Investment Holding, which includes Qua Granite and Bien Finan's companies, begins banking activities in order to ensure the development and continuity of its business partners with competitive and sustainable growth potential in a healthy way and in line with the requirements of the national economy. Aiming to offer a modern and private banking experience with the vision of being a new-generation digital investment bank, Q Investment Bank has shaken hands with Fimple in order to have the most up-to-date banking technology.

The pay-as-you-go model is interesting for new banks

Fimple CEO Dr Mücahit Gündebahar said, “We are proud that our main banking platform, which we have meticulously developed using the most up-to-date technologies, is preferred by newly established financial institutions. Lastly, our partnership with Q Investment Bank showed that we continue to increase our efficiency in the sector and awareness of our innovative technologies with our cloud-based banking platform working with a SaaS approach.” Gündebahar stated that thanks to the platform's dynamic infrastructure and SaaS model, they provide easy installation and fast integration for newly established banks and that they also offer a cost advantage thanks to the monthly membership system and pay-as-you-go model, thus attracting the attention of new financial institutions.

Fimple helps increase customer satisfaction

Gündebahar continued: “Fimple's main cloud-based banking platform enables banks to increase their transaction volume, provide better service to their customers and increase customer satisfaction with the modern technologies it uses. By choosing Fimple's next-generation platform, Q Investment Bank aims to reach a higher level in terms of digitalization and customer satisfaction and to offer platform banking business models. As Fimple, we continue to work and produce with all our energy in order to provide solutions that meet the business needs of our customers and to increase their business performance.”

Referring to the Fimple marketplace, Dr Mücahit Gündebahar stated that Fimple does not only carry out product development activities but also that they have created a platform with the main banking system and vertically specialized business partners. He stated that traditional approaches try to solve all banking needs with a single software system, but such systems create problems such as self-renewal, divergence from vertical specialization and operational difficulties. Fimple, on the other hand, emphasized that, in addition to the main banking system, it aims to eliminate the problems created by traditional approaches in different product groups by offering an ecosystem with a family of expert subsystems integrated with the modern banking platform through the marketplace. Gündebahar said that they believe that customer needs will be better met with more than 60 financial products and strong business partners currently available in Fimple's marketplace and that they will ensure long-term sustainability in the banking and finance sector with the cooperation culture they have created.

The new era is shaped by banking integration capability

Abdurrahman Çınar, Fimple Co-Founder and CTO, stated that cloud-based banking software allows banks to accelerate the digitalization process and increase operational efficiency and helps Fimple's customers run their business with a reliable, up-to-date and easy-to-use software solution. In addition, he emphasized that they are the necessary technological infrastructure provider that will form the basis of Q Investment Bank's vision of a new generation digital investment bank and stated that they would continue to work to provide them with the best service. Çınar emphasized that the entire function set of the Fimple Platform, which was written with the API-First approach on the basis of microservices architecture, consists of APIs and that it has a very high integration capability and provides the opportunity to easily develop new products. He underlined that institutions that want to build new business models, such as such, can easily meet their needs thanks to the approximately 2100 financial APIs in the system.