Ricky Knox departs Tandem

Tandem, one of the UK’s earliest digital banks, is waving goodbye to its cofounder and CEO, Ricky Knox.

In an email to investors seen by Sifted, Tandem’s General Counsel Ed Freeman said Knox was departing on 30 June, and was seeking investor approval for a departure agreement.

The change in leadership follows a sharp pivot for the fintech, which has struggled to break even and scrapped its consumer credit card last year.

Read more: Sifted