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Tandem Bank

Tandem Bank

Private

Last Round

Debt

Jun 30, 2023

Est. Valuation

$118M

Total Funding Raised

$293.38M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Tandem Bank is a digital banking company that provides a suite of financial products including savings accounts, mortgages, and green home improvement loans.

Sector

FinTech

Verticals

Digital Banking, Lending & Credit, Personal Finance, Green Building

Business Model

B2C

Customer Profile

Payment Processing Fee

AI Layer

Non-AI

Keywords

neobankdigital bankgreen financesavings accountgreen home improvement loansmortgagefintecheasy-access savingsfixed-rate savingssustainable lendingretail bankingdigital-only bankhome energy efficiencyESG finance

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Tandem Bank Comparables

Compare Tandem Bank with similar companies based on industry and business-model similarity.

Tandem Bank comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Atom bank
84%
Zopa Bank
80%
Kroo
78%

Tandem Bank Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
DebtJun 30, 2023
DebtJun 1, 2023
StrategicAug 22, 2020
VC RoundJun 3, 2019
StrategicNov 20, 2018
Corporate Funding
Jan 11, 2018

Key People

Founding team and executive leadership

Russell Strevens

Chief Technology Officer

Executive Team

Matthew Dobson

Chief Financial Officer

Executive Team

Ryan Heaps

Deputy Chief Financial Officer

Executive Team

Paul McGarrigle

Chief Operating Officer

Executive Team

Tandem Bank Investors

Notable investors and investment history

Tandem Bank investors
InvestorRounds
Convoy Global Holdings LimitedStrategic
Digital Space VenturesSeries B
Pollen Street CapitalStrategic
Route 66 VenturesSeries B
Quilam CapitalDebt
HeadlineSeries B
Sanpower GroupVC Round

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jun 2, 2026

    Awarded the Investor in Customers’ Gold Standard.

  • Jun 2, 2026

    Named to The Sunday Times 100 Tech list for 2025 and 2026.

Recent news

Latest coverage and updates

  • promotesAug 24, 2026

    Tandem promoted Tom Ellmers to managing director of deposand digital experience on Aug 24th '26.

  • promotesAug 24, 2026

    Tandem promoted Russell Strevens to chief technology officer on Jul 1st '25.

  • hiresAug 20, 2026

    Tandem hired Kevin Purcell as chief people officer on Aug 20th '26.

  • hiresAug 20, 2026

    Tandem hires Darvish Heshejin as managing director of home improvement lending.

  • promotesAug 20, 2026

    Tandem promotes Darvish Heshejin to Managing Director of Home Improvement Lending.

Tandem Bank Filings

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Tandem Bank filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Tandem Bank's valuation, stock price, and market status.

Is Tandem a public or private company?

Tandem is a private company.

What is the current stock price of Tandem?

Tandem is a private company with no public stock price. No recent secondary market data is available.

How much is Tandem worth (valuation)?

Tandem's valuation is estimated at $122.5M based on funding round data.

Can I buy Tandem stock?

Tandem shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Tandem's last funding round?

Tandem's most recent funding round was Debt on August 22, 2020.

Who are the main investors in Tandem?

Key investors in Tandem include Sanpower Group, Omidyar Network, Qatar Investment Authority.

Will Tandem IPO soon?

No public IPO plans have been announced for Tandem.

How can I track Tandem secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Tandem's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersBlackpool
Employee Range417
Year Founded2014
Last FundingJun 30, 2023

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