News

September 3, 2020

Tandem Bank due for major 'restructuring' as it winds down credit cards

The company's early ambitions as a credit-card leader have been cut to focus on profitability, with a new emphasis on being a 'home' lender


Isabel Woodford

3 min read

Tandem, one of the UK's earliest digital banks, is scrapping its standout credit-card line as it focuses on trying to break even, the company has informed its users in an email.

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