Tandem, the UK’s eco-conscious digital bank, announced this wednesday that it has opened a brand new office in the heart of London. This decision marks a significant milestone for Tandem, a company that has seen substantial growth over the past year, achieving underlying profits for the first time.
Tandem used to be based in Holborn, but they shifted their HQ to Blackpool. Now, they’re back in London with a new office at 10 Bloomsbury Way. This shift is part of Tandem’s push for greener offices. They’re going from a D EPC rating to a B EPC rating, making their spaces more eco-friendly.
As Tandem’s CEO, Alex Mollart, explains, this strategic move signifies an exciting phase in the company’s evolution. “We’re thrilled about the future, which includes a roadmap of innovative green products and propositions,” he said. With a commitment to sustainability, Tandem is embracing a greener approach to finance, aiming to benefit both its customers’ wallets and the planet.
Tandem initially set its roots in Holborn but later shifted its headquarters to Blackpool, becoming a part of the fintech revolution in the North following its acquisition of Oplo. The decision to return to London as its core operational hub underscores the city’s importance in Tandem’s journey and the broader UK fintech scene. Now, with offices across London, Blackpool, Cardiff, Durham, and Manchester, Tandem boasts a team of more than 500 employees.
The new London office, located at 10 Bloomsbury Way, London WC1A 2SL, offers a prime location within the city. This space enables Tandem to transition from a D EPC rating to a B EPC, showcasing the company’s commitment to greener facilities. It also provides a home for Tandem’s Marketing, Treasury, Risk, and Strategy teams, allowing them to remain in proximity to the wider professional services and fintech ecosystems within the city.
In their new London space, Tandem will have their Marketing, Treasury, Risk, and Strategy teams. This location is perfect because it keeps them close to the action in the fintech world and professional services.
In addition to the 50 full-time employees stationed at the new London office, Tandem offers hot desks to accommodate employees visiting from other locations or those working remotely. This flexible approach to working ensures that Tandem can harness the best talents from across its various offices while adapting to the evolving landscape of work.
Tandem’s focus on greener financial products is a testament to its commitment to reducing its carbon footprint while aiding customers in making more sustainable financial choices. From low-emission motor loans to financing for eco-friendly home improvements, EPC discount mortgages, and green savings, Tandem’s offerings empower individuals to embrace a more environmentally conscious lifestyle, simultaneously saving money and minimizing their carbon footprints.
As the world looks towards a future where environmental responsibility and financial technology merge, Tandem’s return to London signifies not just a homecoming, but a strategic shift that underscores the pivotal role London plays in shaping the fintech landscape. With innovation and sustainability at its core, Tandem is poised to make a substantial impact on the financial sector, ensuring that customers can choose greener paths to financial success.
In a rapidly changing financial landscape, Tandem is leading the charge, forging a path towards a more sustainable and prosperous future for all. With its commitment to London, Tandem embraces a pivotal role in shaping the next era of fintech, where green finance is the key to a brighter tomorrow.