Tandem Bank reports third successive year of profitability

Tandem Bank, Blackpool green lender, tops £1.5bn assets – Northern Financial Review

Blackpool-based Tandem Bank – the UK’s “greener digital bank” – published its latest annual report, posting the company’s first statutory profit as revenue rose 9% to £98.7 million and assets under management (AUM) increased 5.2% to over £1.5 billion. Tandem said its “green lending” was up 9% to £572 million, with 38% of total lending green. “Tandem’s lifetime lending for new low-carbon energy solutions has now topped £700m, funding more than 16…

Tandem Bank reports third successive year of profitability

Tandem's assets under management topped £1.5bn at the end of 2024 - a 5.2 per cent increase on the previous year.

Tandem Posts 40% Profit Growth, Underlining Its Status as the UK’s Greener Digital Bank

Tandem Bank – the UK’s greener digital bank – today publishes its latest annual report, revealing profitability up 40% with underlying profit reaching £24.1m, revenue up over 9% to £98.7m and AUM growing 5.2% to over £1.5bn. 2024 was Tandem’s third year of profitability since the transformational acquisition of consumer lender Oplo and the bank’s strategic pivot to support UK consumers’ transition to net zero – helping mainstream consumers reduc…