Tuum has renewed its strategic partnership with Multitude Bank.
The agreement maintains Tuum’s role as Multitude Bank’s core banking technology partner and supports the bank’s strategy of working with technology providers to deliver scalable and efficient banking operations.
Since the partnership began in 2020, Tuum has assisted Multitude Bank in simplifying its technology landscape, unifying operations across more than ten European markets, and accelerating product development.
Headquartered in Malta, the bank operates in a complex regulatory and payments environment, where Tuum’s platform has played a key role in maintaining compliance and enabling business diversification.
As Multitude consolidates its technology stack and explores growth in areas including consumer lending under the Ferratum brand, secured debt, and cross-border payments, Tuum continues to provide a single core banking foundation.
The platform supports the bank’s expanding product portfolio, multi-jurisdiction compliance, and connections to national payment schemes such as SEPA, SEPA-INST, Sweden’s RIX/BANKGIROT, and the Czech Republic’s CERTIS.
“Partnering with leading technology providers like Tuum is fundamental to our mission of building an agile, fast-adapting, and scalable banking infrastructure,”
said Kornel Kabele, CTO of Multitude.
“By extending this collaboration, we strengthen our strategy to work with top-tier IT partners who share our vision for smarter, more connected financial services across Europe. This enables us to launch products faster, enhance resilience, and deliver an even better customer experience.”
Miljan Stamenkovic, Chief Revenue Officer at Tuum, added:
“We are proud of the partnership we have built since 2020. This extension reflects our platform’s capacity to support demanding banking operations, and we remain committed to providing the core banking infrastructure they require to achieve their objectives.”
Featured image credit: Edited by Fintech News Switzerland, based on image by mrsiraphol via Freepik
