Tuum logo — Tuum is a cloud-native, next-generation core banking platfor...

Tuum

Tuum is a cloud-native, next-generation core banking platform built on decades of industry expertise.

Founded 2019 Estonia Estonia 126 employees Series B Total: $45.00M

General Information

Company Name Tuum
Founded Year 2019
Location Estonia Estonia +2
Employees 126
Funding Stage Series B
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About Tuum

Tuum, founded in 2019 and headquartered in Estonia, is poised as a transformative force within the fintech sector. The company offers a cloud-native, next-generation core banking platform that challenges the traditional constraints of legacy banking systems. By leveraging a modular, API-first design, Tuum empowers financial institutions to modernize and innovate at a pace that suits their strategic goals, offering solutions that include digital wallets, real-time payments, and Sharia-compliant banking services.

The platform’s capability to segregate processes and replace outdated systems progressively minimizes operational risks and accelerates return on investment. Tuum's architecture supports scalability across diverse regions and currencies, integrating a high degree of functional richness and flexibility to meet the bespoke needs of banks, fintechs, and specialized financial entities worldwide.

The company’s robust growth trajectory is highlighted by a recent $25.00M Series B investment led by Citi Ventures in March 2024, underscoring investor confidence in its long-term value proposition and global scalability potential.

Taxonomy: cloud-native core banking, API-first platform, strategic modernization, modular banking solutions, digital financial services, Banking-as-a-Service, real-time payments, digital wallets, Sharia-compliant Islamic banking, legacy system modernization, cross-border financial services, financial technology (fintech), high-performance banking platform, global scalability, progressive digital transformation

Services & Products

Banking as a Service Platform
Modular Islamic Banking
Payments & Wallets Engine
Progressive Core Transformation
Unified Lending Solutions
Venture Launchpad

Target Customers

Banks Fintech Companies Islamic Financial Institutions Retail Core Banking Systems Brands Integrating Financial Services

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 1
Investor
01 Mar 2024
Convertible Note •••••• 1
Investor
01 Apr 2022
Series A •••••• 3
Investor Investor Investor
01 Jan 2022
Early VC •••••• 5
Investor Investor Investor Investor
•••• ••••
01 Dec 2020

Tuum Alternatives & Competitors

View All Alternatives
Tuum vs
10x Banking
10x Banking United Kingdom

The world's most powerful cloud-native core banking platform

Undisclosed
255 employees
Financial Services, Fintech
Tuum vs

Powering the Future of Finance with Agile, Tailor-Made Solutions

Series B
51-200 employees
Financial Services, Fintech
Tuum vs
Netbank
Netbank Philippines

Accelerating Asian Fintech

Series A
202 employees
Financial Services, Payments

FAQ About Tuum

Tuum is a cloud-native, next-generation core banking platform built on decades of industry expertise.
Tuum was founded in 2019.
Tuum is headquartered in Estonia.
Tuum has approximately 126 employees.
Tuum has completed 4 funding rounds, raising a total of $45.00M. The latest funding stage is Series B.
Tuum offers: Banking as a Service Platform, Modular Islamic Banking, Payments & Wallets Engine, Progressive Core Transformation, Unified Lending Solutions, Venture Launchpad.
Top alternatives and competitors to Tuum include 10x Banking, Tuum, Netbank, Teknospire, Mambu. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Tuum and 10x Banking are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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