Notice: Function amp_is_available was called incorrectly. `amp_is_available()` (or `amp_is_request()`, formerly `is_amp_endpoint()`) was called too early and so it will not work properly. WordPress is currently doing the `amp_init` hook. Calling this function before the `wp` action means it will not have access to `WP_Query` and the queried object to determine if it is an AMP response, thus neither the `amp_skip_post()` filter nor the AMP enabled toggle will be considered. It appears the plugin with slug `schema-and-structured-data-for-wp` is responsible; please contact the author. Please see Debugging in WordPress for more information. (This message was added in version 2.0.0.) in /home/u885321871/domains/fintechinshorts.com/public_html/wp-includes/functions.php on line 6114

Notice: Function amp_is_available was called incorrectly. `amp_is_available()` (or `amp_is_request()`, formerly `is_amp_endpoint()`) was called too early and so it will not work properly. WordPress is currently doing the `amp_init` hook. Calling this function before the `wp` action means it will not have access to `WP_Query` and the queried object to determine if it is an AMP response, thus neither the `amp_skip_post()` filter nor the AMP enabled toggle will be considered. It appears the plugin with slug `schema-and-structured-data-for-wp` is responsible; please contact the author. Please see Debugging in WordPress for more information. (This message was added in version 2.0.0.) in /home/u885321871/domains/fintechinshorts.com/public_html/wp-includes/functions.php on line 6114

Notice: Function amp_is_available was called incorrectly. `amp_is_available()` (or `amp_is_request()`, formerly `is_amp_endpoint()`) was called too early and so it will not work properly. WordPress is currently doing the `init` hook. Calling this function before the `wp` action means it will not have access to `WP_Query` and the queried object to determine if it is an AMP response, thus neither the `amp_skip_post()` filter nor the AMP enabled toggle will be considered. It appears the plugin with slug `schema-and-structured-data-for-wp` is responsible; please contact the author. Please see Debugging in WordPress for more information. (This message was added in version 2.0.0.) in /home/u885321871/domains/fintechinshorts.com/public_html/wp-includes/functions.php on line 6114

Notice: Function amp_is_available was called incorrectly. `amp_is_available()` (or `amp_is_request()`, formerly `is_amp_endpoint()`) was called too early and so it will not work properly. WordPress is currently doing the `init` hook. Calling this function before the `wp` action means it will not have access to `WP_Query` and the queried object to determine if it is an AMP response, thus neither the `amp_skip_post()` filter nor the AMP enabled toggle will be considered. It appears the plugin with slug `schema-and-structured-data-for-wp` is responsible; please contact the author. Please see Debugging in WordPress for more information. (This message was added in version 2.0.0.) in /home/u885321871/domains/fintechinshorts.com/public_html/wp-includes/functions.php on line 6114
Core banking tech challenger Tuum secures €25m Series B to tap new territories | Fintech InShorts: Latest fintech news, analysis by experts

Core banking tech challenger Tuum secures €25m Series B to tap new territories

BankingBusinessFinTech

Less than 1 min.Read

Core banking tech challenger Tuum secures €25m Series B to tap new territories

February 16, 2024

Core banking vendor Tuum has raised €25 million in a Series B funding round led by CommerzVentures, with participation from Speedinvest and existing investors.
Tuum, based in Estonia, plans to use the funds to establish a stronger market presence in Germany, Austria, and Switzerland (DACH), as well as expand into Southern Europe and the Middle East, potentially opening a new office.
The company aims to enhance direct sales and marketing operations, incorporate managed service relationships into its partner channel, and invest in smart migration capabilities for core banking migrations within two months.
Tuum also plans to develop its Business Builder platform, allowing banking partners to configure their operating, sourcing, and distribution models.
The capital raised will be used to expand services offered through Tuum’s core banking platform, which currently covers accounts, lending, payments, and card services.
Tuum’s CEO, Myles Bertrand, highlights the goal of making core migrations for banks simple and predictable through smart migrations, a modular core, extensibility, and a broad ecosystem of partners.

Hot this week

Topics

Related Articles

Popular Categories

FinTechBankingBusinessFundingAIPaymentsPartnership

spot_img

spot_img

Previous article

Westpac taps Dancerace to upgrade its invoice finance operations

Next article

We tested Google’s Gemini chatbot — here’s how it performed