Citi Ventures Becomes Strategic Investor in Core Banking Provider Tuum

Citi Ventures has become a strategic investor in Tuum in an extension to the Series B funding round Tuum announced in February.Together with its investment, Citi Ventures will introduce Tuum to key stakeholders within Citi, the bank, to explore commercialization opportunities, Tuum said in a Thursday (March 14) press release.“This investment from one of the largest banking groups in the world, with market-leading positions globally in corporate, private and retail banking, represents a major milestone as we ...