Challenger bank Tandem has been recognized by CFI.co (Capital Finance International) as the “Best Neo Bank UK 2019.”
According to Tandem, the CFI.co judges stated that “Tandem differentiates itself from other banks in the way its people always consider how well a new initiative will work for the customer and how it helps to solve real money problems.”
It is a nice accolade in a burgeoning landscape of digital challenger banks that seek to disrupt the entrenched traditional banks.
Ricky Knox, CEO of Tandem Bank, commented on the recognition saying that “making life easier for our customers has always been at the heart of everything we do. We remain committed to making banking more accessible and we are proud to be recognised for that on the international stage.”
Reportedly, Tandem was recognized for its “customer focused ethos.”
Tandem is now looking to broaden its services beyond the UK – into continental Europe and Asia.
“We are looking to expand rapidly, both in the UK and overseas, but we will keep the interests of our customers at the heart of everything we do. As we continue to innovate we will shape new services that maximise their outcomes,” stated Knox.
Tandem currently claims over 500,000 account holders in the UK. In 2018, Tandem acquired Harrods Bank.