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Tandem Bank

Bank
BaaS

Bank tracked in the Embedded Finance Index. Named by 2 companies, most often as their banking-as-a-service.

tandembank.com ↗Also analysed as a company — its own stack →
TypeBank
Used asBanking-as-a-Service
Rank#216 of 340 in BaaS
Buyers2 companies
HeadquartersLondon, United Kingdom
Founded2013

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How companies use Tandem Bank

2 companies name Tandem Bank in their stack. All of them use it as their banking-as-a-service.

Banking-as-a-Service2
Background · from Tandem Bank’s own dossier

Tandem launched as a UK digital challenger bank in 2013 and gained a banking licence through the 2018 acquisition of Harrods Bank. The bank pivoted toward green lending and savings, positioning itself as the UK's 'good green bank' with home improvement loans, motor finance, and savings products. Recent focus has been on managing a motor finance commission complaints scheme under FCA supervision.

Latest round: ~£50m (2020)
Recent developments
  • 2025Handling motor finance commission complaints under FCA industry-wide scheme source ↗
Acquisitions
Harrods Bank2018
Acquisition provided Tandem with a UK banking licence
Full dossier: Tandem Bank’s own stack, layer by layer →
Who uses Tandem Bank
2 companies disclose Tandem Bank in their stack
VenturusTandem
Buyer mix · 2 of 2 classified
Fintech / Neobank · 1Vertical SaaS / Financial Services Technology · 1
LATAM · 1UK · 1
What the disclosures say
Venturus
“Tandem Bank publicly lists Venturus as a customer at bankingembedded.com/companies/venturus (TIER 1 known_customer_listing).”
Tandem
“PYMNTS (2018): 'Tandem Bank announced a new automatic savings service powered by global payments platform Stripe.' Stripe used for Auto Savings money movement feature.”
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What Tandem Bank runs on · from its own dossier
The third-party providers Tandem Bank itself discloses, layer by layer — the vendor as a buyer. Distinct from the companies above that disclose Tandem Bank.
Open Banking
Token.ioSalt Edge
Full dossier with evidence for each layer →
Other banks in BaaS

Other banks named for BaaS in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.

Evolve Bank & Trust71 buyers →Sutton Bank63 buyers →Cross River56 buyers →Pathward48 buyers →ClearBank39 buyers →Thread Bank35 buyers →Community Federal Savings Bank30 buyers →GBank27 buyers →
Share this rank

An embeddable badge for Tandem Bank’s own site — it always shows this page’s current rank, so it stays accurate as new disclosures land. States its own denominator; never claims a number this page doesn’t.

Ranked #216 of 340 in BaaS — Embedded Finance Index 2026
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<a href="https://www.embeddedfinanceindex.com/vendors/tandem-bank?ref=badge">
  <img src="https://www.embeddedfinanceindex.com/api/badge/tandem-bank.svg"
       alt="Ranked #216 of 340 in BaaS — Embedded Finance Index 2026">
</a>
<img src="https://www.embeddedfinanceindex.com/api/badge/tandem-bank/install" width="1" height="1" alt="" style="display:none">

Tandem Bank — frequently asked

Which companies use Tandem Bank?

2 companies are linked to Tandem Bank in the Embedded Finance Index 2026, through their own public disclosures or Tandem Bank's published customer list, including Venturus and Tandem.

What do fintechs use Tandem Bank for?

Tandem Bank is a bank. Companies in the Embedded Finance Index 2026 name it as their banking-as-a-service (2).

What are the alternatives to Tandem Bank?

The most-named BaaS alternatives to Tandem Bank are Evolve Bank & Trust (71 buyers), Sutton Bank (63 buyers), Cross River (56 buyers), Pathward (48 buyers), ClearBank (39 buyers) and Thread Bank (35 buyers).

Who founded Tandem Bank?

Tandem Bank was founded by Ricky Knox and Matt Cooper and is founded in 2013, headquartered in London, United Kingdom.

How much funding has Tandem Bank raised?

Tandem Bank has raised unknown in total.

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