Amount Disclosed: Tandem Bank Raises £22M in Series B-1 Funding

tandemTandem Bank, a London, UK-based mobile first digital retail bank for millenials, raised £22m in series B venture capital funding round.

As we anticipated some weeks ago, backers included Route66 Ventures, eVentures and Omidyar Network.

The round valued the company at $65m.

Led by CEO Ricky Knox, Tandem is now launching a £1m crowdfunding campaign via Seedrs (live on May 20).

Already authorized by the FCA and PRA, the bank plans to launch operations in late 2016.



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