Tuum’s modular core banking platform will continue to support Multitude Bank’s expansion and operational efficiency across 13 European markets.
Tallinn, Estonia — November 26, 2025 — Tuum, a leading next-generation core banking provider, today announced the renewal of its strategic partnership with Multitude Bank p.l.c., a subsidiary of Multitude AG. This renewed agreement reinforces Tuum’s role as a trusted core banking technology partner while underscoring Multitude Bank’s strategy of working with best-in-class technology innovators to deliver scalable, efficient, and customer-centric banking solutions.
Since first partnering in 2020, Tuum has supported Multitude Bank’s transformation journey by simplifying its technology landscape, unifying operations across more than 10 European markets, and accelerating product innovation. Headquartered in Malta, the Bank operates within a complex regulatory and payments environment, and Tuum’s platform has been central to navigating this landscape while enabling business diversification.
As Multitude consolidates its technology stack and assesses opportunities for growth across segments including consumer lending (under the Ferratum brand), secured debt, and cross-border payments, Tuum continues to provide a unified, single core banking foundation. The platform enables the bank to support a growing product portfolio, manage multi-jurisdiction compliance, and connect to a wide range of national payment schemes including SEPA, SEPA-INST, Sweden’s RIX/BANKGIROT and 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, stated: “Multitude is a prime example of what the future of banking looks like: multi-brand, multi-country, and relentlessly innovative. We are incredibly proud of the determined partnership we’ve built since 2020. This extension is a powerful endorsement of our platform’s ability to manage the most demanding banking operations. Multitude’s trust is a responsibility we take seriously, and we are fully committed to providing the core banking power they need to conquer their ambitious goals for years to come.”
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 banking use cases — from lending and payments to BaaS and Islamic finance — 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 Multitude Bank
Multitude Bank p.l.c. is a public limited company registered under the laws of Malta with registration number C56251. Its registered address is ST Business Centre, 120 The Strand, Gzira, GZR 1027, Malta. Multitude Bank p.l.c. is licensed as a credit institution by the Malta Financial Services Authority.