Tuum
Tallinn, EE · Founded 2019 · 138 employees on LinkedIn · 6 known investors
Tuum provides a modular, API-first core banking platform that enables financial institutions and fintechs to launch digital financial services rapidly and with high flexibility. The platform serves large multinational banks, emerging fintech companies, and SMEs seeking to modernize their banking technology infrastructure.
Founders & leadership
Tuum was founded in 2019 by Ove Kreison, Rivo Uibo, Jan Lakspere, and Jüri Kirme.
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Ove KreisonChief Product & Technology Officer & Co-founder
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Rivo UiboinChief Business Officer & Co-founderCo-founder and Chief Business Officer of Tuum, a modular, API-first core banking platform for financial institutions and fintechs, where he has led financing processes and enterprise sales. He previously co-founded Icefire and managed its sale to Checkout.com, and has held board roles at both companies.
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Jan LakspereinLending Product Manager & Co-founderJan Lakspere is Co-founder and Lending Product Manager at Tuum, an API-first modular core banking platform, with 26 years in IT and 21 years in financial services and banking. He has worked as a solution architect for large-scale banking and fintech systems, led IT transformation and system migrations during financial-institution mergers and acquisitions, specialized in lending products, and worked on telecom BSS/OSS automation, while also contributing to IT education in Estonia and speaking at industry conferences.
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Jüri KirmeinCore Banking Product Manager & Co-founderJüri Kirme is Co-founder and Core Banking Product Manager at Tuum, a modular, API-first core banking platform for financial institutions and fintechs. He has 29 years of experience in IT, including work in financial services and banking as well as taxation, customs, and government sectors, and served as a solution architect and consultant on Estonian Tax and Customs information systems, contributing to the Estonian e-Tax/e-Customs 2020 program.
Investors · 6
CommerzVentures✓ verifiedFrankfurt am Main · $3.2M – $21.6M
Karma Ventures✓ verifiedTallinn · $1.1M – $5.4M
Portage Ventures✓ verifiedMontreal
Citi VenturesreportedNew York
SpeedinvestreportedVienna · $5M – $30M
Also in the syndicate · 1
Karma Venture
Funding
SEC filings, press & company announcements- Undisclosed amountseries BFeb 2024 · 3 sources
CommerzVentures (lead), Karma Venture
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Competitors · 4
by search overlap
Stripe32 shared keywordsStripe provides financial infrastructure for businesses to accept payments, offer financial services, and implement custom revenue models across international markets in 135+ currencies.
Tipalti23 shared keywordsTipalti offers an AI-powered finance automation platform that handles global accounts payable, payments, procurement, expenses, and treasury operations for businesses. It supports cross-border payments to over 200 countries in 120 currencies and integrates with ERPs, accounting systems, and other business tools, serving industries such as adtech, e-commerce, gaming, healthcare, and software.
Unit19 shared keywordsUnit provides financial infrastructure and embedded finance technology that lets companies build and offer banking products such as accounts, cards, and payments. It serves fintechs and other businesses embedding financial services, partnering with banks to power these products.
Treasury Prime19 shared keywordsTreasury Prime provides embedded banking technology through APIs that enable fintechs to embed banking services in their applications. The platform allows banks to expand into new markets while helping fintechs manage money transfers and regulatory risk.
Companies competing with Tuum for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Tuum do?
- Tuum provides a modular, API-first core banking platform that enables financial institutions and fintechs to launch digital financial services rapidly and with high flexibility. The platform serves large multinational banks, emerging fintech companies, and SMEs seeking to modernize their banking technology infrastructure.
- Who founded Tuum?
- Tuum was founded by Ove Kreison, Rivo Uibo, Jan Lakspere, Jüri Kirme in 2019.
- Who are Tuum's investors?
- Tuum's investors include CommerzVentures, Karma Ventures, Portage Ventures, Citi Ventures, Speedinvest.
- Where is Tuum headquartered?
- Tuum is headquartered in Tallinn, EE.