House of FraserRSS

Tandem pauses savings products plans, House of Fraser not to invest further

Tandem and House of Fraser

UK challenger bank Tandem is not to receive any further investment from retail chain House of Fraser. House of Fraser invested £6 million in December, as part of a planned £35 million injection.

UK retailer House of Fraser to invest up to £35m in challenger bank Tandem

House of Fraser to invest in challenger bank Tandem

A UK-based challenger bank, Tandem, will start offering financial solutions to customers of retailer House of Fraser in 2017. As part of the collaboration agreement between the two companies, House of Fraser will invest up to £35 million in Tandem.