Tandem Competitors and Similar CompaniesClear all
Tandem's competitors and similar companies include Monzo Bank, Monese, Sterling Bank and WeBank.
 Tandem Tandem is a provider of mobile retail banking services designed to optimize customers' relationship with banks.
|  Monzo Bank Monzo Bank (formerly known as Mondo) is a company that provides digital banking products and services. | ||||
Founding Date | Founding Date 2013 | Founding Date 2015 | Founding Date 2015 | Founding Date 1960 | Founding Date 2014 |
Type | Type Private | Type Subsidiary | Type Private | Type Public | Type Private |
Tags | |||||
Locations | Locations London, GB HQ London, GB | Locations London, GB HQ | Locations London, GB HQ Tallinn, EE | Locations Lagos, NG HQ | Locations Shenzhen, CN HQ |
Employees | Employees 4021% increase | Employees 3,8133% increase | Employees 1535% decrease | Employees 1,63914% decrease | Employees 9891% increase |
Financial | |||||
Revenue (est.) | Revenue (est.) £21.2m (FY, 2018) | Revenue (est.) £355.6m (FY, 2023) | Revenue (est.) £10.3m (FY, 2019) | Revenue (est.) N/A | Revenue (est.) N/A |
Cost of goods | Cost of goods N/A | Cost of goods £141.1m (FY, 2023) | Cost of goods £14m (FY, 2019) | Cost of goods N/A | Cost of goods N/A |
Gross profit | Gross profit N/A | Gross profit £214.5m (FY, 2023) | Gross profit (£3.7m) (FY, 2019) | Gross profit N/A | Gross profit N/A |
Net income | Net income (£26.6m) (FY, 2018) | Net income (£116.3m) (FY, 2023) | Net income £37.5m (FY, 2019) | Net income N/A | Net income N/A |
Operating ⚠ | |||||
Customers | Customers 800 k (Mar, 2020) | Customers 7.4 m (FY, 2023) | Customers N/A | Customers N/A | Customers N/A |
Funding | |||||
Latest funding round | Latest funding round $ 78m (about 6 years ago) | Latest funding round N/A | Latest funding round $ 90m (over 4 years ago) | Latest funding round N/A | Latest funding round $ 182.7m (almost 10 years ago) |
Total funding raised | Total funding raised $ 174.4m | Total funding raised $ 1.5b | Total funding raised $ 171m | Total funding raised N/A | Total funding raised $ 182.7m |
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Monzo Bank
HQ
London, GB
Monzo Bank (formerly known as Mondo) is a company that provides digital banking products and services.
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Monese
HQ
London, GB
Employees
153↓ 5% decrease
Monese is a company that develops a mobile app enabling users to manage their money online.
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Sterling Bank
HQ
Lagos, NG
Employees
1,639↓ 14% decrease
Sterling Bank Plc is a full service national commercial bank in Nigeria.
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WeBank
HQ
Shenzhen, CN
Employees
989↑ 1% increase
WeBank (深圳前海微众银行股份有限公司) is a digital bank company.
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