The Tallinn-based company is among those trying to develop a more modular approach to overhauling the banking and financial services industry. It was founded in 2019 by a group of Estonian financial IT professionals.
Initially called Modularbank, Tuum has grown over the last few years, with contracted annual revenues up more than 3x in 2021. Tuum claims that its flexible, lean, and modular core banking platform helps banks, fintechs and traditionally non-financial companies to quickly roll out new financial products and services.
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