Banks, new banks, digital only challenger banks … Even though we choose to call them, in particular Europe (and the UK) outweigh the banks. Tandem co-founded by a veteran financial expert, Ricky Knox will participate in Disruptor Berlin.
Tandem – the so-called "good bank" – this year I gave quite a result. Recently, banks have released competitive fixed savings products. This is opposed to a number of banks that compete with existing competing banks. In February a tandem credit card was released, which is very similar to the repayment rate and exchange rate abroad.
Both products, as well as many other consumer companies, are part of a broad strategy that Tandem wants to become a financial management center and offer various financial services. These are either products or partnerships with Fintech start-ups and more established suppliers.
As a personal finance manager (PFM), a tandem mobile application allows you to integrate non-tandem bank account data from other bank accounts and credit cards in addition to tandem management. Products you take Recently, I acquired Pariti fintech startup and strengthened account aggregation function.
However, recent developments in tandem are more attractive. That is a decisive rebound in the road last year. This led to a temporary loss of banking licenses and layoffs, following the partial collapse of the investment of £ 35 million in Fraser Department Storehouse due to restrictions on withdrawal from China. This remedy consists of additional investments from existing lenders and bold acquisitions of Harrods Bank, the bank branch of the UK's most famous luxury department store.
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