Tandem Bank was the outcome to the acquisition of Harrods Bank by Tandem Money during 2017 and completed in early 2018. As one of a growing number of app-based banks coming out of the United Kingdom (UK), Tandem concentrates on offering customers services via it's mobile banking application. In the year ending December 31, 2019, Tandem Bank reported a loss of over 18 million British pounds.
Comprehensive profit/loss of Tandem Bank Limited in the United Kingdom (UK) from 2017 to 2019
(in million GBP)
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Companies House. (January 31, 2021). Comprehensive profit/loss of Tandem Bank Limited in the United Kingdom (UK) from 2017 to 2019 (in million GBP) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1132712/loss-of-tandem-bank-united-kingdom/
Companies House. "Comprehensive profit/loss of Tandem Bank Limited in the United Kingdom (UK) from 2017 to 2019 (in million GBP)." Chart. January 31, 2021. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1132712/loss-of-tandem-bank-united-kingdom/
Companies House. (2021). Comprehensive profit/loss of Tandem Bank Limited in the United Kingdom (UK) from 2017 to 2019 (in million GBP). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1132712/loss-of-tandem-bank-united-kingdom/
Companies House. "Comprehensive Profit/Loss of Tandem Bank Limited in The United Kingdom (Uk) from 2017 to 2019 (in Million Gbp)." Statista, Statista Inc., 31 Jan 2021, https://www.statista.com/statistics/1132712/loss-of-tandem-bank-united-kingdom/
Companies House, Comprehensive profit/loss of Tandem Bank Limited in the United Kingdom (UK) from 2017 to 2019 (in million GBP) Statista, https://www.statista.com/statistics/1132712/loss-of-tandem-bank-united-kingdom/ (last visited November 22, 2024)
Comprehensive profit/loss of Tandem Bank Limited in the United Kingdom (UK) from 2017 to 2019 (in million GBP) [Graph], Companies House, January 31, 2021. [Online]. Available: https://www.statista.com/statistics/1132712/loss-of-tandem-bank-united-kingdom/