Riyadh, Saudi Arabia – September 16, 2025 – Tuum, a next-generation core banking platform provider, today announced a strategic partnership with Abwab.ai, a leading AI-driven financial services enabler, to deliver a seamless, end-to-end digital lending solution for Small and Medium Enterprises (SMEs) across the Gulf Cooperation Council (GCC).
The collaboration brings together Abwab.ai’s advanced AI-powered credit decisioning and analytics capabilities with Tuum’s modular, cloud-native core banking and lending platform. This integration enables financial institutions to rapidly launch, scale, and optimize SME lending offerings with greater efficiency, transparency, and speed.
- Through this partnership, banks and non-bank lenders will gain access to:
- AI-powered credit assessment tailored for SMEs, leveraging alternative data to improve financial inclusion.
- Automated end-to-end loan origination and servicing via Tuum’s modular lending platform.
- Faster time-to-market for new SME lending products with reduced operational costs.
- Enhanced customer experience, enabling SMEs to access financing through fully digital journeys.
“SMEs are the backbone of every economy, yet they remain underserved by traditional lenders,” said Baraa Koshak, Founder & CEO of Abwab.ai. “By combining Abwab.ai’s AI-driven intelligence with Tuum’s next-generation core banking capabilities, we are empowering financial institutions to unlock SME growth at scale.”
Miljan Stamenkovic, Chief Revenue Officer of Tuum added, “Our mission at Tuum is to modernize financial services with modular technology. Partnering with Abwab.ai allows us to bring a truly end-to-end, AI-enhanced SME lending solution to the region, one that addresses a real market need and accelerates digital transformation.”
The partnership comes at a time when regional governments and financial institutions are prioritizing SME financing as a key driver of economic diversification and innovation. By leveraging advanced technology and AI, Abwab.ai and Tuum aim to bridge the SME financing gap and foster long-term sustainable growth.
About Tuum
Tuum is the core banking platform for a world of banking without limits.
Built for institutions ready to modernize, scale, and lead, Tuum helps banks, lenders and fintechs escape the constraints of legacy technology and accelerate into a new era of agility, innovation, and growth.
Cloud-native and modular by design, Tuum supports all key financial business models, from lending and payments to BaaS and Islamic banking, on a single, extensible platform. Clients can modernize progressively, launch products in weeks, and expand into new markets without sacrificing control, compliance, or performance.
With enterprise-grade scalability, real-time processing, and an open API architecture, Tuum delivers the flexibility to adapt fast, while significantly lowering total cost of ownership and shifting budgets toward innovation.
Tuum is trusted by leading financial institutions across the globe to build the future of banking—one without limits.
Tuum. Banking without limits.
About Abwab.ai
Abwab.ai is a financial technology company specializing in AI-driven solutions for credit decisioning, risk management, and customer engagement. Its mission is to empower financial institutions to serve SMEs and individuals with smarter, faster, and more inclusive financial services.