Tandem Bank Raises £20M in Funding

Tandem Bank, a Blackpool, UK-based digital bank, secured £20m in Tier 2 capital from Quilam Capital, a growth investor with expertise in the speciality finance sector. The funds will be used to continue expanding operations and business reach. Tandem is building a purpose-led digital banking platform focused on helping households reduce their carbon footprint and supporting the UK’s transition to a carbon neutral economy. It offers sustainable ways to save, borrow, spend and share with savings, home improvement loans, mortgages, motor financing and consumer sharing offerings.

Tandem Bank raises £20 million in Tier 2 capital

Tandem Bank is a Blackpool, UK-based digital bank focused on helping households reduce their carbon footprint and supporting the UK’s transition to a carbon neutral economy. It offers sustainable ways to save, borrow, spend and share with savings, home improvement loans, mortgages, motor financing and consumer sharing offerings. Underpinning these propositions is a fintech banking platform, that includes an app and a digital franchise that supports a network of financial advisers and brokers.

A digital bank focused on helping households reduce their carbon footprint and supporting the UK’s transition to a carbon neutral economy.

2 years ago

Tandem Bank raises £20 million in Tier 2 capital

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