Tuum and Abwab.ai Partner to Deliver End-to-End SME Lending Solutions in the Middle East

Tuum, a next-generation core banking platform provider, 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.