Tuum joins forces with Marqeta in order “to deliver a pre-integrated fintech solution, accelerating modern digital payment programs.”
As noted in a blog post, Tuum recently announced their partnership “to offer a pre-integrated fintech solution, accelerating time to market for Tuum’s customers by working with our open API platform.”
European banks and fintechs will be able “to build flexible card programs that deliver industry-leading modern digital payment experiences while saving resources, time and money.”
The partnership “combines Tuum’s solid and sustainable core banking solution with our modern digital payment experiences to be more efficient for customers.”
The time-to-market of embedded financial services is “not only accelerated, but also cost-effective and can be tailored to meet the customers’ individual needs.”
Jean Souto, VP Global Partnerships at Tuum, stated:
“To keep up with the current pace, it’s becoming increasingly important for banks and fintechs to offer modern digital payment experiences to consumers, and we’re excited to help them take this step through our collaboration with Marqeta. While our cloud-native, next-generation core banking platform gives them the security and reliability they need for the future, the pre-built integration allows them to create their own card programmes and deliver highly personalised experiences to consumers.”
As covered earlier this year, Tuum, the “next-generation” core banking platform, has announced the appointment of Edgardo Torres-Caballero as Chief Revenue Officer (CRO).
The company is “seeing strong demand for its technology, with an Annual Recurring Revenue of almost 400% on last year.”
The appointment is part of Tuum’s wider strategy “to support continued and accelerated growth which also includes setting a strong focus on strategic partnerships as a key strategic pillar for expansion.”
As the former Managing Director at Mambu Americas and most recently Vice President of Global Partnerships at Feedzai, Edgardo “brings strong expertise in core banking technology, together with a wealth of management and commercial operations experience.”
In addition he has also “served as Vice Minister of the Economy of the Puerto Rico Department of Economic Development and Commerce.” As CRO, Edgardo is “tasked with heading up Tuum’s global commercial and customer success team.”
Sergei Anikin, CEO at Tuum commented:
“Financial institutions across the globe are currently under pressure to provide financial products that make customers’ lives easier and fit their individual circumstances. Edgardo’s passion and extensive international experience in the financial sector, specifically within core banking, will be a huge asset to Tuum as it seeks to become the leading global provider of core banking infrastructure. His clear vision and strong understanding of the needs of regional markets and different customer segments together with his experience in scaling operations will help Tuum get directly into the heart of banks and other financial institutions and drive innovative banking to new markets.”
