Tuum and Marqeta Partner to Deliver Pre-Integrated Fintech Solution in Europe
On June 22, 2023, Tuum, a cloud-native core banking platform provider, and Marqeta, a global card issuing platform, announced a strategic partnership to offer a pre-integrated fintech solution. The combined offering pairs Tuum's modular core banking capabilities with Marqeta's modern card program infrastructure, enabling clients to launch digital payment products with significantly reduced time-to-market. The partnership is aimed at European banks and fintechs looking to modernize their payment services without building complex integrations from scratch.
Tuum contributes its flexible core banking engine covering accounts, payments, and lending, while Marqeta provides its programmable card issuing and processing technology. The pre-integrated nature of the solution means customers can deploy end-to-end banking and card services more efficiently. Financial terms of the partnership were not disclosed.
The collaboration reflects broader industry trends toward composable banking infrastructure and embedded finance in Europe.
- Strengthens the composable banking infrastructure ecosystem in Europe by combining core banking and card issuing in a single pre-integrated package
- Signals growing demand among European fintechs for turnkey BaaS solutions that reduce integration timelines