Digital bank Tandem is creating 100 new jobs in Cardiff in another boost to the city's fintech sector. The challenger bank currently employs 70 in the city where it has had a presence since its acquisition of Allium Money in 2020.
Tandem said its expanded Cardiff operation will serve as a base for its motor finance business and a centre of excellence for its wider lending operations. It is current located in serviced offices on Cathedral Road. However, it is committed to moving to large offices, around 13,000 sq ft, in the city centre at a yet to be disclosed location.
The city is already home to two other challenger banks in Monzo and Starling. Tandem, which currently has more than 270,000 customers, employs 500 staff across the UK.
