Tuum, a core banking provider, claims it is making significant progress in reshaping the financial services sector via strategic partnerships and innovative solutions.
With a cloud-native, API-first, and modular platform, Tuum is enabling banks, fintechs, and businesses to deliver improved financial services.
Recent developments, including partnerships with Solidgate and Mastercard, as well as the launch of Islamic banking solutions, underscore Tuum’s commitment to innovation, scalability, and inclusivity in the global fintech ecosystem.
In a recent collaboration, Tuum partnered with Solidgate, a payment processing and orchestration platform, to launch Solidgate Treasury.
This solution is designed to enable digital businesses with access to global funds, eliminating traditional operational bottlenecks.
By integrating Tuum’s core banking technology with Solidgate’s robust payment infrastructure, Solidgate Treasury facilitates cross-border B2B transactions through streamlined business accounts and cards.
The solution leverages direct connectivity to major global payment rails like SEPA and SWIFT, ensuring speed, security, and scalability.
Tuum’s cloud-native, microservices-based architecture serves as the backbone of this initiative, enabling deployment of financial services across multiple channels, including global transfers and card payments.
This partnership is said to build on Tuum’s track record, notably its support for LHV’s Banking-as-a-Service platform, which processes 7% of Europe’s instant payments and supports over 200 fintechs globally.
This collaboration positions Tuum and Solidgate to reshape the future of B2B payments, enabling digital businesses to be adopted in a connected global economy.
Earlier this year, Tuum announced its new status as a Mastercard Digital Activity Service Provider (DASP), marking a significant milestone in its mission to enhance digital payment solutions.
This partnership enables integration with the Mastercard Digital Enablement Service (MDES), allowing banks and fintechs to deliver tokenized digital payments across major wallets and digital channels without additional third-party integrations.
Tuum’s MDES connector allows issuers to replace sensitive card details with digital tokens, reducing fraud risks for e-commerce and in-app transactions.
LHV, a European Banking-as-a-Service provider, is reportedly leveraging Tuum’s MDES integration to offer its fintech clients digital payments with improved efficiency and cost savings.
By eliminating intermediaries and streamlining compliance processes, Tuum’s solution ensures banks and fintechs maintain full control over the customer experience while enhancing their payment infrastructure.
This partnership reinforces Tuum’s position as a key player in delivering innovative, secure financial solutions.
Tuum’s commitment to financial inclusivity is evident in its July 2025 launch of foundations for Islamic banking and finance solutions.
This move targets the demand for Sharia-compliant financial services, offering Islamic institutions and conventional banks with Islamic windows a robust platform to deliver tailored products.
Tuum’s modular architecture supports the requirements of Islamic finance, such as profit-sharing models and ethical investment principles, enabling deployment of compliant services.
This initiative positions Tuum to tap into the Islamic finance market, projected to grow in the coming years.
By offering a cloud-native platform, Tuum enables financial institutions to innovate and scale while adhering to Sharia principles, further solidifying its role as an inclusive core banking provider.
By partnering with Solidgate to streamline global payments, collaborating with Mastercard to enhance digital payment security, and launching Islamic banking solutions, Tuum is addressing market needs.
Its cloud-native, API-first platform, built on decades of industry expertise, continues to empower banks, fintechs, and businesses to deliver customer-centric financial services.
As Tuum expands its global operations, it remains focused on redefining banking experiences, aim to sett standards for flexibility, security, and inclusivity in the fintech space.