Tuum, the next-generation core banking platform, has been selected by Bondora, a leading European consumer finance provider, to support its ambition to become a fully licensed digital bank and modernize its lending operations across multiple EU markets.

The collaboration will see Tuum provide its cloud-native core banking platform to power both Bondora’s planned greenfield digital banking initiative and the migration of its existing consumer credit business—bringing both operations onto a single, modular platform.

With more than 16 years in the market, Bondora is a digitally mature, tech-led fintech active in five EU countries. As part of its exploration into becoming a fully licensed bank, Bondora plans to launch deposit and consumer lending products on Tuum once licensed, leveraging the platform’s lending and savings modules and real-time architecture to scale efficiently across Europe.

A Strategic Shift Toward Unified, Cloud-Native Infrastructure

The project began as a greenfield initiative to lay the foundation for Bondora’s prospective banking operations and has since expanded to include the company’s incumbent lending business - creating a unified platform for future growth. Tuum will be deployed in the public cloud (AWS), allowing Bondora to meet regulatory expectations around business continuity, security, and operational resilience while benefiting from the speed and flexibility of SaaS delivery.

“Choosing Tuum means we can focus on customer experience and innovation while building on a modern, scalable foundation,” said Andrus Raudsalu, Chief Strategy Officer at Bondora. “With Tuum, we can serve our customers better while reducing the burden of infrastructure build and maintenance.”

Why Tuum

Tuum was selected for its modular design, cloud-native architecture, and ability to meet stringent EU regulatory expectations. The decision was also supported by Tuum’s track record with other Eurozone institutions, including LHV and OP Financial Group.

“This deal reflects the growing trend of tech-first institutions evolving into fully licensed banks, and the need for platforms that support both innovation and compliance at scale,” said Rivo Uibo, Chief Business Officer and Co-founder, Tuum “We’re excited to support Bondora on this next chapter of its journey.”