Tuum

Citi’s Tuum Investment Changes Cloud Core Banking Dynamic
Citi’s Tuum Investment Changes Cloud Core Banking Dynamic
March 18, 2024  |  Banking

Embedded payments, embedded lending and a continuing shift to virtual cards all demand a reconsideration of technical infrastructure. Banks, grappling with legacy back-end systems, and...

READ MORE >
Citi Ventures Invests in Core Banking Provider Tuum
Citi Ventures Invests in Core Banking Provider Tuum
March 14, 2024  |  Banking

Citi Ventures has become a strategic investor in Tuum in an extension to the Series B funding round Tuum announced in February. Together with its investment, Citi Ventures...

READ MORE >
Tuum Raises $26 Million Amid Banking’s Ongoing Digital Evolution
Tuum Raises $26 Million Amid Banking’s Ongoing Digital Evolution
February 06, 2024  |  Investments

Core banking platform Tuum has raised $26 million to expand to new parts of Europe. The Estonian company’s Series B funding round, announced Tuesday (Feb. 6), will allow...

READ MORE >
LHV Bank Collaborates With Tuum on Small Business Lending
LHV Bank Collaborates With Tuum on Small Business Lending
September 07, 2023  |  Banking

LHV Bank has implemented an upgraded loan system for its small and medium-sized business (SMB) lending division. The U.K. licensed bank has partnered with cloud-native platform Tuum to...

READ MORE >
Tuum and Marqeta Partner on Flexible Card Programs
Tuum and Marqeta Partner on Flexible Card Programs
June 22, 2023  |  Partnerships

Tuum and Marqeta have partnered to help European banks and FinTechs build flexible card programs. The combination of Tuum’s core banking solution and Marqeta’s digital...

READ MORE >
Tuum Notches $16.9M for its Next-Generation Banking Network
Tuum Notches $16.9M for its Next-Generation Banking Network
January 26, 2022  |  Investments

Estonia-based FinTech Tuum, formerly Modularbank, announced a 15 million euro ($16.9 million) funding round, according to Sifted. The round was led by Portage Ventures, a global investor...

READ MORE >