Tuum Backs maib’s European Expansion

By Vriti Gothi

Tuum, a core banking platform, has partnered with maib to power its digital banking expansion across Europe, beginning with a new retail-only operation in Romania.

The partnership underscores maib’s commitment to delivering innovative, customer-focused financial services through an agile, technology-led approach that aligns with the evolving needs of modern banking customers.

After an extensive evaluation of core banking providers, maib chose Tuum for its advanced modular architecture, cloud-native design, and distinctive ability to deploy agnostically. This means maib can ensure in-country deployment where required, safeguarding compliance with European data residency regulations as it scales its footprint. The collaboration will enable maib to launch greenfield operations with an asset-light model designed to deliver a seamless, fully digital retail banking experience.

Jurgen de Ruijter, Head Representative of maib’s operations in Romania, said, “Our decision to partner with Tuum is rooted in our ambition to build the next generation of fintech-driven banking. Tuum’s modern, flexible platform gives us the freedom to innovate at speed while remaining compliant and secure. This is a crucial advantage as we bring customer-centric, digital-first banking to new markets.”

For Tuum, the agreement reaffirms its leadership in enabling ambitious institutions to execute launch-and-expand strategies with confidence. By providing a secure, scalable core that can adapt to local requirements, Tuum empowers banks to reduce operational complexity, accelerate time to market, and deliver best-in-class digital services.

Miljan Stamenkovic, Chief Revenue Officer at Tuum, said, “maib’s expansion into Romania is one of the region’s most forward-looking digital banking initiatives. We’re proud to support it with a platform designed for growth, agility, and compliance. This collaboration is a testament to our shared vision for banking that is efficient, customer-first, and built for the future.”

As maib continues its European expansion, the bank plans to leverage Tuum’s evolving capabilities to broaden its offering, deepen customer relationships, and redefine what digital banking can deliver across the region.