Tagged: ricky knox

Digital Bank Tandem Discusses Journey Card, Updates & New Research

According to Tandem Bank, nearly three quarters of its Journey Card customers are building or rebuilding their lives with credit using the product. 72% of customers for Tandem’s latest card product are either entirely new to credit, re-engaging it, or had trouble in the past… Read More

Autumn Budget: What’s in it for Fintech?

As one would expect, yesterday’s Autumn Budget announcement delivered something for everyone. With Brexit getting closer, the UK Government is in “all-hands” mode seeking to boost the economy in preparation for the European divorce. Chancellor of the Exchequer Philip Hammond stated: “We are at a… Read More

Challenger Bank Tandem Adds New Auto-Saving Rules Feature to Digital Banking Platform

UK challenger bank Tandem has added a new feature to its mainly digital banking platform. Tandem has introduced “intelligent auto-savings rules” to help users set aside their spare change to improve their savings habit.  According to Tandem, savings are swept from their existing current accounts,… Read More

Tandem Calls FCA / CMA Banking Requirements a Big Step for Competition in UK Financial Services

The UK Competition and Markets Authority (CMA), in collaboration with the Financial Conduct Authority (FCA), published a report this week that chastised banks for their poor service and lack of transparency. As part of an ongoing initiative to improve financial services for both consumers and… Read More

Challenger Bank Tandem Celebrates 100,000 Customers within 3 Months

Tandem now counts 100,000 Brits using the bank to spend, save, and manage their money with its competitive cashback card. According to the platform, Tandem has seen tens of thousands of app downloads, product applications, and eager savers signing up. CEO Ricky Knox’s ambition is… Read More

Tandem Announces Launch of Travel Cashback Credit Card

On Tuesday, digital challenger bank Tandem announced the launch of its first product in the UK, the travel cashback credit card, which is described as a credit card that allows users to make money whilst spending abroad. The bank revealed that the cashback card is part… Read More

Tandem Set to Return to Seedrs For Additional £4 Million

Digital challenger bank Tandem founder Ricky Knox announced last week the bank will be returning to Seedrs, seeking to raise £4 million. This news comes one month after the company completed its acquisition of Harrod’s Bank. As previously reported,  Tandem was granted authorization to be regulated back in… Read More

Challenger Bank Tandem Partners with Cognitive Banking Company Personetics

UK Challenger bank Tandem has announced a partnership with cognitive banking company Personetics to provide users personalised insights on their spending across all of their bank accounts in one place, as well as warning people about unexpected fees and unusual activity on their accounts. Tandem… Read More

Tandem Closes on Harrod’s Bank Purchase, Receives UK Banking License with Acquisition

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

Challenger Bank: Tandem’s Takeover of Harrods Bank Approved by Bank of England

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

Ricky Knox, Founder of Digital Challenger Bank Tandem, Tells Chancellor to “Keep it Simple” Ahead of Budget

The much anticipated Autumn budget will be revealed by Chancellor of the Exchequer Philip Hammond soon. In advance of the speech at the House of Commons there has been much speculation and plenty of rumors as to what exactly will be included in the exceptionally… Read More

Seedrs Alum Tandem to Receive £35 million Investment from House of Fraser

British department store group House of Fraser recently announced it is planning to invest £35 million in digital-only bank, Tandem. This news comes less than a year after Tandem secured over £2 million through equity crowdfunding platform, Seedrs. As previously reported, Tandem seeks to provide… Read More

Update: Tandem Secures £2M From Over 1,300 Investors Within Two Days on Seedrs

Less than 48 hours after launching its highly anticipated Seedrs initiative, digital-only bank, Tandem, has successfully secured over £2 million from over 1,300 investors. The company surpassed its  initial £1 million goal just hours after the crowdfunding debut.  The bank currently aims to provide the most helpful, not… Read More

Tandem Quickly Surpasses £1M Funding Goal on Seedrs & Experiences Glitches

Tandem’s highly anticipated crowdfunding campaign is now open for funding! Just hours after its Seedrs launch, the digital-only bank’s initiative has already surpassed its initial £1 million goal and is currently sitting at £1.6 million. The bank currently aims to provide the most helpful, not the most painful,… Read More

Seedrs to Support Tandem’s Upcoming Crowdfunding Initiative

Last month, UK digital bank Tandem announced that it was making preparations to launch a crowdfunding campaign to raise $1.4 million through its very own site. Just a few weeks after this announcement, the company revealed that the initiative is set to go live on May 19th and… Read More

Digital-Only Bank Tandem Aims to Secure $1.4M in New Crowdfunding Round For “Co-Founders” Program

This week, UK digital bank Tandem announced that it was launching a crowdfunding campaign to raise $1.4 million. This funding round is reportedly part of the company’s “co-founders” program, which allows customers to own shares of the business. Tandem aims to provide the most helpful, not the… Read More

Digital-Only Tandem Bank Receives UK Banking License: “A Good Bank”

Tandem has been granted authorization from the Bank of England and will be regulated by Financial Conduct Authority and the Prudential Regulation Authority, blogged co-founder Ricky Knox. Tandem aims to be the most helpful, not the most painful, bank for its customers. “This is very… Read More

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