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Tandem Bank

Tandem Bank

Private
BlackpoolFinTechhttps://tandem.co.uk

Last Round

Debt

Jun 30, 2023

Est. Valuation

$118M

Total Funding Raised

$268.18M

Momentum

Top 50%

of companies Caplight tracks

Company Overview

Tandem Bank operates in FinTech and is based in Blackpool. Its latest recorded funding round was a Debt round in June 2023.

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

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Pricing history

Caplight clients see full MarketPrice™ history and secondary transactions.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

Momentum history

Caplight clients track how buyer interest and sentiment change over time.

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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%
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Tandem Bank Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
DebtJun 30, 2023
StrategicAug 22, 2020
VC RoundJun 3, 2019
StrategicNov 20, 2018
Corporate FundingJan 11, 2018
VC Round
Apr 1, 2017
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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

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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
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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.

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Recent news

Latest coverage and updates

  • promotesAug 24, 2026

    In 2025, Tandem replaces Suavek Zajac with Russell Strevens as chief technology officer in the United Kingdom.

  • promotesAug 24, 2026

    Tandem promotes Tom Ellmers from savings director to managing director of deposits and digital experience, bringing its app, customer experience, brand, communications and marketing under one remit, in United Kingdom on Aug 24th '26.

  • hiresAug 20, 2026

    On Aug 20th '26, Tandem appoints Kevin Purcell as chief people officer; he previously holds the same role at Secure Trust Bank and succeeds Catherine Diamond.

  • hiresAug 20, 2026

    Tandem appoints Darvish Heshejin internally as managing director of home improvement lending in Aug '26, succeeding Julian Nutley and leading efforts to scale the proposition as the bank nears £1bn in green lending.

  • promotesAug 20, 2026

    Tandem appoints Darvish Heshejin Managing Director of Home Improvement Lending, moving him from Director of Strategy and Proposition to scale its home improvement lending proposition and lead the launch of its revamped marketplace proposition.

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Tandem Bank Filings

Explore SEC and related filing metadata, where available.

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 Bank a public or private company?

Tandem Bank is a private company.

What is the current stock price of Tandem Bank?

Tandem Bank is a private company, so its shares have no public market price. Caplight tracks Tandem Bank's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

How much is Tandem Bank worth (valuation)?

Tandem Bank's valuation is estimated at $118.0M based on funding round data.

Can I buy Tandem Bank stock?

Tandem Bank shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.

When was Tandem Bank's last funding round?

Tandem Bank's most recent funding round was Debt on June 30, 2023.

Who are the main investors in Tandem Bank?

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

Will Tandem Bank IPO soon?

No public IPO plans have been announced for Tandem Bank.

How can I track Tandem Bank secondary market activity?

Caplight tracks bids, offers, and trades in Tandem Bank's shares on secondary markets.

Firmographic Details

HeadquartersBlackpool
Employee Range417
Year Founded2014
Last FundingJun 30, 2023

Institutional Data Access

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