Tuum, a core banking tech challenger, has appointed Myles Bertrand as its new CEO. The company aims to expand globally and become a market leader in core banking. Tuum experienced rapid growth, with a 400% increase in annual recurring revenue last year. It has secured funding and counts LHV Bank among its clients.
Facts
- Tuum has appointed Myles Bertrand as its new CEO.
- Tuum experienced rapid growth, with annual recurring revenue (ARR) increasing by 400% last year.
- Tuum aims to grow globally and become a market leader in core banking.
- Tuum raised €15 million in a Series A funding round and later received €1 million from LHV Group.
- LHV Bank, which has a banking subsidiary in the UK, selected Tuum as its core banking software provider.
- Tuum’s flagship offering is API-first, modular, cloud-native, and cloud-agnostic.
- Tuum employs 100+ people and has clients across Europe, including SweepBank from Ferratum Bank.
