Estonian Tuum Establishes Regional HQ at ADGM
This expansion in the Middle East follows Tuum's recent Series B funding round.
Tuum, an Estonian-based core banking provider, has established a regional headquarters at Abu Dhabi Global Market (ADGM).[1]
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This expansion in the Middle East follows Tuum's recent Series B funding round, spearheaded by CommerzVentures and featuring follow-on investment from Citi Ventures. The funds from this round will be used for global expansion and the development of its core banking platform to cater to the region's financial service requirements.
This ADGM-based office will oversee Tuum’s operations across the Middle East and facilitate close collaboration with local banks and fintechs.
Tuum's cloud-native core banking platform offers deployment options, including SaaS and bank-hosted public, private, or hybrid environments.