Tandem Bank Shortlisted as Finalist in Growth Finance Awards

Tandem Bank has beaten off tough competition to secure itself a place as a finalist in the Best Challenger Bank category of the first-ever Growth Finance Awards.

The Growth Finance Awards launched this year in order to celebrate the companies providing “more than finance” to the UK’s growing businesses. It’s the first event of its kind, celebrating the innovative organisations breathing optimism into all regions of the UK by helping ambitious SMEs to scale new heights. These growth champions provide the vital capital inflows – around £79.7 billion last year – that help thousands of businesses to scale-up, boost productivity and create new jobs up and down the country.

Over 50 new UK banks have been granted licences in the past 10 years, and many of the new entrants are stalwart supporters of SMEs. The Best Challenger Bank award will be presented to the growth finance provider who has delivered a clear and demonstrable business impact to SMEs over the past 12 months – whether a specific case study, project or a wide-reaching service or innovation.

Tandem Bank will compete for the award alongside three other impressive finalists: Redwood Bank, OakNorth, and Wyelands Bank.

Commenting on becoming a finalist in this prestigious awards event, Ricky Knox, CEO and Co-Founder of Tandem Bank said, “We are thrilled to be shortlisted for this award. To be in the running for Best Challenger Bank is a great honour as we celebrate our huge growth in everything from customer numbers to products and of course the fantastic Tandem team. 2018 was a transformative year for us but I expect 2019 to be even bigger.”

The winner of this award will be announced at an exclusive black-tie dinner hosted by Claudia Winkleman for 400 guests on Wednesday 11 September at the Royal Lancaster Hotel, London.

“We launched the Growth Finance Awards in order to recognise the champions of small business finance. We’re celebrating 45 companies who are playing a vital role in the UK’s start-up and scale-up up ecosystem, championing and providing finance so that companies can realise their growth ambitions and reach their full potential,” says Guy Tolhurst, Managing Director of Intelligent Partnership, the company behind the awards.

He adds: “I look forward to shining a much-needed spotlight on all of these providers on 11 September at the Royal Lancaster Hotel. To reach the finalist stage among such a stand-out set of entrants is a huge achievement.”

The finalists will now go on to a second round of judging by a panel of 28 independent and expert judges drawn from across the industry. The full list of categories can be viewed here.

For further information please visit growthfinanceawards.com