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Tuum & TransactionLink partner to streamline FinTech onboarding

By Gloria Methri

May 10, 2024

  • Automated onboarding
  • Banking Modernisation
  • FinTech
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tuum, TransactionLink, FinTech, KYB/KYC, EuropeTuum, the next-generation core banking provider, has announced a new partnership with TransactionLink, a specialist in end-to-end KYB/KYC automation solutions. This collaboration aims to tackle the challenges faced by FinTechs and banks in achieving faster time-to-market, scalability for growth and enhancing operational efficiency.

TransactionLink specialises in providing comprehensive business onboarding automation and an orchestration platform tailored to simplify and streamline the onboarding process for businesses.

By integrating with Tuum’s cloud native core banking system, this partnership aims to deliver a holistic solution meeting evolving regulatory and client needs across the EU and the UK.

Recent industry developments highlight the critical need for modernising onboarding processes and the adoption of orchestration platforms. TransactionLink’s innovative automation platform fills this gap, offering businesses a more efficient and profitable alternative to in-house solutions.

The synergy between Tuum’s and TransactionLink’s platform promises unprecedented speed to market and increased flexibility for clients. The partnership offers the following benefits to businesses:

Accelerated Time-to-Market and Scalability: Through this collaboration, businesses can expect faster onboarding processes and unlimited scalability. This enables them to adapt to evolving market demands and maintain a swift competitive advantage.

Simplified Integration and Resource Savings: The partnership streamlines the integration process, which saves valuable resources and simplifies operations.

Focus on Core Business: With TransactionLink and Tuum seamlessly managing onboarding, businesses can redirect their focus towards innovation and growth, explore new opportunities and expand their business ventures.

Mateusz Pniewski, CEO and Co-founder of TransactionLink, said, “We are excited to join forces with Tuum to offer our clients a comprehensive solution that streamlines onboarding processes and drives business growth. This partnership underscores our commitment to innovation and excellence, empowering businesses to thrive in today’s competitive landscape.”

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