Tuum appoints Sergei Anikin as CEO to drive global expansion

By Joy Dumasia

Tuum, the next-generation Core Banking platform, has announced that it has appointed Sergei Anikin as CEO. Anikin joins the company from Pipedrive, the global, sales-first CRM and revenue platform, where he was CTO and Co-CEO, steering the company from 25 employees to over 900 worldwide. He succeeds Vilve Vene, who co-founded Tuum in 2019 and will be assuming an advisory role for the CEO. The appointment of Anikin is part of the company’s wider expansion strategy to scale and drive sales across regions. 

Anikin has been working in leadership roles at technology firms for over 25 years, having held roles at Skype, Swedbank and Microsoft. Under this agreement, he will assume the role of interim CEO to develop into a permanent position. His proven aptitude and experience in devising agile organisational models and in scaling up businesses without losing velocity or momentum was a key reason for his appointment by Tuum, as it prepares the company for significant expansion. 

Margus Uudam, Founding Partner at karma.vc and Chairman of Tuum’s Board, commented: “We are delighted to have Sergei join Tuum as CEO. He brings a wealth of experience to the company and strong leadership, having grown Pipedrive from a small startup to Estonia’s 5th unicorn during his eight years there. The demand for next-generation core banking technology is growing quickly, and Sergei’s expertise in managing global expansion will be a huge asset to Tuum as we drive the organisation to the next phase of development.”  

In the three years that Tuum has been operating, demand for its next-generation core banking platform has seen rapid growth, with Tuum’s contracted annual recurring revenue increasing more than 3 times in 2021 compared to the previous year. The platform is now trusted by an ever-growing list of regulated banks, FinTechs and embedded finance players from various industries and geographies. 

Vilve Vene, ex-CEO and Co-Founder of Tuum, commented: “I have had the pleasure of working with Sergei for many years, having previously hired him for a role at Swedbank and having worked together on various successful projects over the years. With his strong technology and banking background, Sergei will bring a valuable external perspective to the company and help to propel growth and expansion at this time of unprecedented demand for our flexible core banking solution. There is no one I would trust more than Sergei to take over my role at Tuum. I have the utmost confidence in both his skillset and wisdom and believe he is the best person to take Tuum to new heights. Of course, I will continue to support Sergei and Tuum and am certain they will continue to achieve great things.” 

Recently, IBS Intelligence reported that Januar, the compliant gateway to the new digital economy for crypto businesses and institutional investors, has chosen Tuum as the core banking platform to power its pan-Europe goals. Tuum’s banking core will be used to build account and payment solutions for crypto companies to receive and send payments like any other business.