Estonian Tuum cooperates with UK platform Solidgate

Estonian fintech startup Tuum has announced a partnership with London-based payment processing platform Solidgate. Together they are creating Solidgate Treasury, a solution that will provide online companies with global access to payment systems such as SEPA and SWIFT.

Tuum said the partnership with Solidgate will enable digital companies to manage cross-border payments through business accounts and cards, facilitating global B2B transactions and providing faster and more secure services.

Tuum is a fintech company that has developed a modular platform for core banking. It enables banks and financial institutions to replace legacy systems, reduce service costs and launch new products and services. The startup was founded in 2019 in Tallinn, Estonia. Vilve Vene, Rivo Uibo, Ove Kreison, Jan Lakspere and Jüri Kirme - founders of the Estonian company.

Solidgate is a payment processing platform that enables online purchases and provides payment infrastructure across multiple business sectors. The company was founded in 2016 and is headquartered in London, UK.