TandemRSS

£3.6m emergency cash injection pumped into Tandem

Tandem's future is secured

UK-based challenger bank Tandem received an emergency cash injection of £3.6 million from its existing investors earlier this year when a major funding deal with House of Fraser collapsed.

Top fintech stories this week – 11 August 2017

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Catch up on Banking Technology’s top five fintech stories of the week – all in one place!

Harrods Bank acquired by challenger Tandem

Farewell, Harrods Bank

UK-based challenger bank Tandem has singed an agreement to acquire Harrods Bank. Tandem says it will “benefit from around £80 million of capital coming into the business”. It will also provide Tandem with a banking licence.

Top fintech stories this week – 24 March 2017

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Catch up on Banking Technology’s top five fintech stories of the week – all in one place!

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.

Top fintech stories this week – 6 January 2017

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Catch up on Banking Technology’s top five fintech stories of the week – all in one place! The first weekly news round-up of 2017. Happy 2017! Let it be a year of discovery and success.

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.

How to get the magic back into our relationship with banks

Rick Keen, C Space

As with any long-term human relationship, our relationship with banks is complicated. There’s a sense of co-dependence, transgressions that shake our trust, the occasional fleeting thought of escape. How to reignite the magic spark between a bank and its customer?

Crowdfunding and investment round-up: 13 May 2016

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With news on crowdfunding and investment appearing with relentless regularity, here’s a round-up of key events to save you time. UK challenger bank Tandem has now revealed the money it’s raised and its valuation – all in preparation for a crowdfunding campaign that starts on 20 May. Money raised comes to £22 million and it […]

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