Investment Type

Investment Type

Tier 2 Capital

Sector

Sector

Banking

Date

Date

Jun 2023

Jurisdiction

Jurisdiction

UK

Who They Are

Founded in 2014, Tandem is an innovative, fast growing, purpose-led digital challenger bank.  The platform is uniquely positioned to lead the next generation of digital banking, which combines modern digital banking capability together with strong and predictable asset origination as a result of being digitally embedded into an attractive, large and growing target market.

As the UK’s greener, digital bank, Tandem is helping UK households transition to a lower carbon lifestyle, by offering easier ways to save, borrow, spend and share a little bit greener.  Tandem is now one of Europe’s fastest growing digital banking application, supporting its mission ‘to make it easier for people to choose a greener lifestyle’.

Quilam has made a £20m strategic investment into Tandem, enabling the bank to further optimise its capital structure and unlock further growth in its market leading green lending proposition.  We’re delighted to have joined the Tandem journey and are looking forward to an exciting future together.