Tandem Bank co-founders team up to launch low-fee wealth management app Prosper
Currently operating as an invite-only service, Prosper is slated for public launch in Q1 2024.
Tandem Bank
UK challenger Tandem Bank secures £20m in funding
Tandem’s CEO says the capital “will put extra momentum behind our green lending proposition”.
Tandem Bank acquires money app Loop for undisclosed sum
Loop will continue to operate as a standalone brand and app following the acquisition.
UK challenger Tandem partners Cogo to help customers track their carbon footprint
Cogo’s tech will feature on Tandem’s green living hub, with plans to integrate directly into the bank’s app in 2023.
UK challenger Tandem appoints new CFO and CRO to bolster its leadership team
David McCarthy has been named as the firm’s new CFO with Wahid Ali joining as CRO.
Tandem CEO Susie Aliker to step down, Alex Mollart to take over
Mollart is currently deputy CEO at the bank, having joined through the acquisition of Oplo.
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Tandem switches CEO as Susie Aliker replaces departing Ricky Knox
Against a backdrop of losses and a business u-turn, Tandem switches out its top job.
Tandem Bank goes live on Mambu core platform
Tandem replaces Fiserv’s Agiliti with Mambu’s system.
Tandem Bank acquires £100m mortgage book from Bank and Clients
Private bank’s customers won’t notice the transition, claims challenger.
Tandem Bank appoints former Allium CEO as new chief commercial officer
Paul Noble joins Tandem to help it create green digital banking services.
Tandem Bank sunsets credit cards, plans core restructure
Tandem’s Cashback Credit Card will shut down in February 2021.
Tandem launches AI personal finance adviser Ada
The AI assistant can predict cashflow, spending patterns and forecast balances.
Tandem Bank anticipates fresh £50m funding round
The figure raised is closer to £50 million, instead of the expected £100 million.
Tandem Bank to charge customers monthly membership fee
The bank will introduce a £5.99 monthly fee in March.
Tandem Bank signs up TrueLayer for account aggregation
The UK challenger’s 800,000 customers will gain access to their other accounts in-app.
Tandem appoints former HSBC exec as chief growth officer
Malani will spearhead Tandem’s international expansion into Hong Kong.
UK challenger Tandem Bank announces Hong Kong expansion
First step overseas for the London-based neobank.
Tandem Bank earns its Stripe-s for auto savings
UK challenger bank also opens community beta testing for new feature.
Tandem reaches 100,000 clients, signs for Form3 paytech
Wants to match Lloyds Bank in terms of customer numbers in ten years time.
Personetics AI fuels Tandem’s digital insights
Bank will use Personetics’ Cognitive Banking Brain for new offerings within its digital banking.
Tandem Bank cuts staff numbers as funding slumbers
UK challenger bank Tandem is axing 30 jobs after its £29 million in funding fell through earlier this year. A source has told Business Insider that Tandem has “reduced its staffing levels from around 110 to close to 80. The headcount reduction includes both redundancies and contractors who have not been renewed”. As Banking Technology […]
Tandem Bank calls for first customers
Digital banking start-up Tandem has started inviting its community of 10,000 “co-founders” to be its first customers. Tandem was formed in 2014 and is accessible online, via an app and through a UK call centre. It got its banking licence in November 2015 and says its focus is on helping people manage their money rather […]
Challenger bank Tandem pick Fiserv for core
Tandem Bank has selected the Agiliti technology platform from core system provider Fiserv. The bank received its banking license on 30 November 2015, and is expected to launch later in the year. Focussing on creating what it calls a ‘good bank’ with a heavy emphasis on the needs and behaviours of its customers, it will […]
