Former Mambu MD, Edgardo Torres-Caballero, to head up commercial team and drive growth of next-generation core banking and payments technology provider.
London, February 8th, 2023 – Tuum, the next-generation core banking platform, has today announced the appointment of Edgardo Torres-Caballero as Chief Revenue Officer (CRO). The company is seeing strong demand for its technology, with an Annual Recurring Revenue of almost 400% on last year. The appointment is part of Tuum’s wider strategy to support continued and accelerated growth which also includes setting a strong focus on strategic partnerships as a key strategic pillar for expansion.
As the former Managing Director at Mambu Americas and most recently Vice President Global Partnerships at Feedzai, Edgardo brings strong expertise in core banking technology, together with a wealth of management and commercial operations experience. In addition he has also served as Vice Minister of the Economy of the Puerto Rico Department of Economic Development and Commerce. As CRO, Edgardo is tasked with heading up Tuum’s global commercial and customer success team.
Sergei Anikin, CEO at Tuum commented: “Financial institutions across the globe are currently under pressure to provide financial products that make customers’ lives easier and fit their individual circumstances. Edgardo’s passion and extensive international experience in the financial sector, specifically within core banking, will be a huge asset to Tuum as it seeks to become the leading global provider of core banking infrastructure. His clear vision and strong understanding of the needs of regional markets and different customer segments together with his experience in scaling operations will help Tuum get directly into the heart of banks and other financial institutions and drive innovative banking to new markets.”
Edgardo Torres-Caballero, CRO at Tuum added: “Tuum has made phenomenal progress in Europe to date, and I am excited to be supporting its continued growth across the region and into new markets. With its unique micro service and modular architecture, Tuum core banking and payments platform is catering to a wide array of use cases in the financial services industry, holding a unique position in the market. Tuum was founded by banking technology experts who truly understand the needs and challenges facing banks and financial institutions. Its Cloud native SaaS API-first core provides financial institutions with the flexibility to launch fast, easily adapt their offering to fit with market needs and therefore, remain competitive.”
Founded in 2019, Tuum is seeing strong demand across Europe for its next-generation, modular core banking platform from both banks and fintechs. Its cloud-agnostic core banking platform allows financial service providers to quickly and easily roll-out new financial products and services as well as embrace legacy migrations, enabling them to better address the needs of their customers.