Zenus Bank Partners with Tuum to Launch Global Banking-as-a-Service Platform

Tuum, a next-generation core banking provider, is proud to announce that Zenus Bank has successfully gone live with Tuum’s Accounts and Payments modules integrated seamlessly with their proprietary technology and existing vendors. This significant milestone aligns with Zenus’ mission to create a global Banking-as-a-Service (BaaS) platform, allowing banks, fintechs, super apps, and businesses from around the world to embed U.S. banking services and extend them to their customers.

Zenus Bank’s decision to partner with Tuum was driven by the need for a flexible, scalable solution that could amplify their existing banking infrastructure. With Tuum’s extensible core capabilities, Zenus now has the freedom to innovate and expand their services, offering global access to U.S. banking infrastructure. This partnership empowers Zenus to create new opportunities for businesses in over 120 countries to integrate U.S. financial services into their offerings with ease and reliability.

By going live with Tuum’s Accounts and Payments modules, Zenus has expanded its commercial banking capabilities laying the foundation for its proprietary BaaS offering. These modules form the core of Zenus’ strategy, providing scalable cross-border transactional banking services while utilizing Zenus’ regulatory and technological framework and leveraging integrations with key systems.

Edgardo Torres-Caballero, Chief Revenue Officer of Tuum commented: “We’re thrilled to partner with Zenus Bank as they embark on their mission to democratize access to U.S. banking globally. At Tuum, we’re all about enabling financial institutions to break free from the limitations of traditional banking systems. This collaboration underscores our commitment to delivering cutting-edge solutions that are both adaptable and scalable, allowing businesses like Zenus to rapidly innovate and provide seamless banking services to their customers across the world.”

Mushegh Tovmasyan, Chairman of Zenus Bank commented: “Tuum has been instrumental in helping us realize our vision of offering U.S. banking services on a global scale. Their platform’s flexibility and speed to market have allowed our developers to overcome significant challenges and position ourselves for rapid growth. We have over a dozen of exciting BaaS partnerships in the works with many going live in Q4. It is very fulfilling to see the positive impact our solutions are having on end-users.”

The partnership between Zenus Bank and Tuum marks the beginning of a broader mission to transform access to U.S. banking services for businesses and consumers across the globe. As Zenus grows and continues to scale its BaaS offering, Tuum will remain a critical partner, helping to drive the innovation needed to expand Zenus’ global reach.

Zenus Bank sees Tuum not just as a technology provider, but as an integral partner in their journey toward global banking innovation. The cultural alignment between the two companies, with a shared commitment to customer-centricity and delivering results, has laid a strong foundation for future collaboration.