Tandem 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.