Mawarid Finance Partners With Fimple on Digital Banking Platform

Mawarid Finance, a UAE-based financial services company, and Fimple, a banking technology provider, have entered a strategic agreement to develop Banking-as-a-Service capabilities through a new composable banking platform.

The partnership was announced during the Mawarid Fintech Summit 2026 and centres on the deployment of Fimple’s core banking technology platform.

According to the companies, the platform will operate as a "Side Core Banking" layer that integrates with Mawarid Finance’s existing infrastructure, allowing new services and upgrades to be introduced without replacing current core systems.

The technology is designed to connect with payments, compliance and risk management systems, creating a unified API-driven architecture intended to support future growth and expansion.

Within this framework, Mawarid Finance is expected to accelerate the rollout of new financial products and embedded banking services while improving operational flexibility and reducing time-to-market.

The agreement reflects wider trends across the financial sector, where banks and financial institutions are increasingly adopting modular technology platforms that allow digital services to be developed more quickly without disrupting existing operations.