UK digital challenger bank, Tandem Bank, is investing in a new office in central Cardiff, with plans to create up to 100 new roles.
This will increase the bank’s total employment in Cardiff to over 170 and establish Cardiff as the base for Tandem’s motor finance business.
The aim is for the Cardiff office to become a ‘centre of excellence’ for the bank’s green home improvement lending operations and wider first charge mortgage operations.
Tandem currently employs approximately 500 members of staff across the UK.
Susie Aliker, CEO, Tandem Bank, said:b“Today’s announcement is yet another step Tandem is taking on its mission to be the UK’s greener, digital bank.
“Our new Cardiff office is an integral part of the bank’s growth plans, supporting our growing green lending business, and becoming the home for new Tandem Motor Finance division.”
Tandem acquired Cardiff-based green lender Allium Money in 2020, and earlier in 2022 acquired consumer lender Oplo. The bank is re-branding all three businesses under the Tandem brand, as part of its ambition for Tandem to provide banking for a greener future.
The newly-enlarged group offers products in savings, mortgages, green lending, personal loans and a Oplo motor finance proposition. As part of its continued growth, the bank will be launching a newly branded Tandem Motor Finance division, building on the success of the existing Oplo motor finance offering.
