Uptex Bank in Oman Integrates Tuum Core Banking Platform

Uptex Bank in Oman announced the integration of Tuum's core banking platform to power its digital wallet and multi-currency payment services. The cloud-native platform from Tuum will serve as the backbone for Uptex Bank's digital banking offerings, enabling modern payment and wallet capabilities. The partnership represents Tuum's expansion into the MENA market, where demand for digital banking infrastructure is growing rapidly.

Uptex Bank plans to launch the Tuum-powered services within months of the integration announcement. The multi-currency payment capability is particularly relevant for Oman's cross-border remittance market. Financial terms of the deal were not disclosed.

The partnership highlights how banks in emerging markets are adopting European BaaS technology to modernize their digital infrastructure.