Tandem set to open in Hong Kong

Tandem set to open in Hong Kong

UK neo bank Tandem has commenced an early adopter programme in Hong Kong, as it prepares for its first overseas launch.

The approach mirrors that taken by Tandem in the UK, which recruited 11,000 'Co-Founders', customers who helped the bank shape its proposition and its product features.

Tandem announced its plans to expand into Hong Kong in November last year, having secured a £15 million tech-licencing deal with retail financial services company Convoy.

Tandem says it intends to open its virtual doors to consumers in Hong Kong before the year is out.

Ricky Knox, co-founder and CEO at Tandem Bank, says: “This is an extremely exciting step for Tandem and our first move into international markets. Our partnership with Convoy Global Holdings has been key to bringing Tandem to Hong Kong and we look forward to working closely together throughout our journey here.”

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