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$1,325.73M Raised in 74 Funding Rounds in the past 7 Days - View All

Funding Round Profile

Tuum

start up
Estonia - Tallinn
  • 26/01/2022
  • Series A
  • $14,900,000

Tuum is built for allowing any business to rapidly offer seamless, tailored financial services to their customers.

The highly modern banking platform follows the microservice architecture and is composed of flexible and independent modules that cover end-to-end everyday banking processes. Imagine it as Lego blocks: they fit together flawlessly, however, you can always take the blocks apart, use only some of them, leave others aside, or add some when necessary.

The platform is API-based for quick and easy integration with your existing ecosystem and can run on all main cloud providers as well as on private clouds. If you need to introduce new lending products, new payment facilities, or even a new banking core, Tuum helps you to do it in weeks.


Related People

Vilve VeneCo Founder

Vilve Vene Estonia - ND

For over 25 years, my mission has been to bring technology to the world of finance. From my work with Hansabank, amongst the most digitally advanced banks for its time and also the first commercial bank of Estonia, through to the establishment of Icefire, which has successfully transformed more than 15 banks and financial institutions and is responsible for the infrastructure of the Estonian tax system, I have always had an enduring vision of a financial world transformed by the capabilities of technology. In 2019, spurred on by our joint experience in the banking and technology sectors, my colleagues and I founded Tuum, a next-generation core banking platform with the goal of enabling any business to develop and roll out new financial products in a matter of weeks.

Since our establishment, Tuum has grown at lightning speed with operations in Tallinn, Berlin, Malaga and London. With Tuum, you are not just getting a technology vendor, but also a business partner. At the heart of our operations is a drive to understand and underpin the goals of our clients, a process supported by the modular architecture of our technology which allows for a ‘pick and choose’ approach. Being API-first and cloud-native, we facilitate the rapid deployment of highly configurable financial products and services, helping businesses to position themselves for the future of finance.

Start with the business objectives, select the right module(s) to support your goals, and watch your business grow!