Challenger banks, specifically Tandem

[anonymous-user]

I am quite interested by the group of people that have come together at Tandem

http://news.sky.com/story/santander-director-defec...

So much so that I have signed up as a co-founder and will be watching with interest to see what happens next

[wiffmaster]

Tandem / Atom / Starling / Monzo (or whatever they're called this week) - I can't see how they scale given the current regulatory framework.

The business model is basically to generate a lot of buzz and get acquired by one of the big players. Just a very clever investment vehicle really.

Still, hopefully when they are acquired by the bigger banks, some of their good points will be incorporated (simplified customer service, spending analytics, etc)