Tagged: harrods bank

January 11, 2018 @ 7:50 am By JD Alois  |  

Digital challenger bank Tandem has closed on the acquisition of Harrod’s bank – the financial institution long associated with the eponymous London retail store.Tandem received regulatory approval by the Prudential Regulation Authority, a division of the Bank of England, and the Financial Conduct Authority to… Read More

December 20, 2017 @ 7:39 am By JD Alois  |  

Tandem, a digital challenger bank, has received regulatory approval from the Bank of England’s Prudential Regulatory Authority to acquire Harrods Bank. Tandem’s purchase of Harrods Bank is being described as a major step forward as Tandem will gain access to a full banking license, intrinsic… Read More

August 9, 2017 @ 9:17 am By JD Alois  |  

This is an interesting twist in the digital only challenger bank space, Tandem, one of the leading online banks, announced it will acquire 100% of Harrods Bank.  If the deal is approved by regulators, this will bring £80 million of capital into the combined business…. Read More