Tandem Bank acquires money app Loop for undisclosed sum
Loop will continue to operate as a standalone brand and app following the acquisition.
Loop will continue to operate as a standalone brand and app following the acquisition.
Cogo’s tech will feature on Tandem’s green living hub, with plans to integrate directly into the bank’s app in 2023.
David McCarthy has been named as the firm’s new CFO with Wahid Ali joining as CRO.
Mollart is currently deputy CEO at the bank, having joined through the acquisition of Oplo.
Exciting open vacancies at Monzo, Hazy and Tandem Bank. Apply today!
Against a backdrop of losses and a business u-turn, Tandem switches out its top job.
Tandem replaces Fiserv’s Agiliti with Mambu’s system.
Private bank’s customers won’t notice the transition, claims challenger.
Paul Noble joins Tandem to help it create green digital banking services.
Tandem’s Cashback Credit Card will shut down in February 2021.
The AI assistant can predict cashflow, spending patterns and forecast balances.
The figure raised is closer to £50 million, instead of the expected £100 million.
The bank will introduce a £5.99 monthly fee in March.
The UK challenger’s 800,000 customers will gain access to their other accounts in-app.
Malani will spearhead Tandem’s international expansion into Hong Kong.
First step overseas for the London-based neobank.
UK challenger bank also opens community beta testing for new feature.
Wants to match Lloyds Bank in terms of customer numbers in ten years time.
Bank will use Personetics’ Cognitive Banking Brain for new offerings within its digital banking.
UK challenger bank Tandem is axing 30 jobs after its £29 million in funding fell through earlier this year. A source has told Business Insider that Tandem has “reduced its staffing levels from around 110 to close to 80. The headcount reduction includes both redundancies and contractors who have not been renewed”. As Banking Technology […]
Digital banking start-up Tandem has started inviting its community of 10,000 “co-founders” to be its first customers. Tandem was formed in 2014 and is accessible online, via an app and through a UK call centre. It got its banking licence in November 2015 and says its focus is on helping people manage their money rather […]
Tandem Bank has selected the Agiliti technology platform from core system provider Fiserv. The bank received its banking license on 30 November 2015, and is expected to launch later in the year. Focussing on creating what it calls a ‘good bank’ with a heavy emphasis on the needs and behaviours of its customers, it will […]