About Tesco Bank
Tesco Bank is a company based in Edinburgh (United Kingdom) founded in 1997 was acquired by Barclays in February 2024. Tesco Bank has completed 1 acquisition, including Tesco Underwriting. Tesco Bank offers products and services including Credit Cards, Loans, Savings Accounts, and Mobile Banking App. Tesco Bank operates in a competitive market with competitors including Metro Bank, Investec, Virgin Money, SVB and HSBC, among others.
- Headquarter Edinburgh, United Kingdom
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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- Investors
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Employee Count
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- Investments & Acquisitions
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Acquired by
Barclays
(Feb 09, 2024)
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Products & Services of Tesco Bank
Tesco Bank offers a comprehensive portfolio of products and services, including Credit Cards, Loans, Savings Accounts, and Mobile Banking App.
Offers cards for purchases, balance transfers, and rewards programs.
Provides personal loans for cars, home improvements, and debt consolidation.
Includes fixed rate and easy access accounts for growing savings.
App for tracking spending, payments, and account management.
People of Tesco Bank
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Software Development Team
19 people
Product Management Team
14 people
Senior Team
14 people
Leadership Team
7 people
Operations Team
7 people
Finance and Accounting
7 people
Analyst Team
4 people
Head Team
4 people
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Funding Insights of Tesco Bank
Detailed funding history for Tesco Bank
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Investors in Tesco Bank
Tesco Bank has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Barclays.
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Commercial banking services are provided by Barclays worldwide.
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Investor details for Tesco Bank
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Investments & Acquisitions by Tesco Bank
Tesco Bank has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Tesco Underwriting.
Investment portfolio details for Tesco Bank
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Insurance underwriting and claims services are provided globally.
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Complete acquisition details for Tesco Bank
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Financial Statements - Tesco Bank
Detailed financials for Tesco Bank
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Tesco Bank Comparisons
Peer comparison for Tesco Bank
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Competitors of Tesco Bank
Tesco Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Metro Bank, Investec, Virgin Money, SVB and HSBC, among others.
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Commercial banking services are provided in the United Kingdom.
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Global banking, investment, and wealth management services are offered worldwide.
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Virgin Money is recognized as a provider of banking and financial services in the UK.
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Banking services are provided to innovative companies, investors, and individuals.
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Universal banking and financial advisory services are provided globally.
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Diversified financial services are provided across global markets.
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Detailed competitors of Tesco Bank
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Latest news on Tesco Bank
Complete news archive for Tesco Bank
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Frequently Asked Questions about Tesco Bank
Tesco Bank was founded in 1997.
Tesco Bank is headquartered in Edinburgh, United Kingdom. It is registered at Edinburgh, Scotland, United Kingdom.
Bernard Higgins is the current CEO of Tesco Bank.
Tesco Bank was established in 1997 as a retail banking entity based in Edinburgh, United Kingdom. Operations focus on providing everyday financial products such as current accounts, savings, loans, and insurance to individual consumers. Services are delivered primarily through digital channels and in-store integrations with the parent Tesco retail network. The bank serves the UK market, with oversight from the CEO, Bernard Higgins.
Tesco Bank's top competitors include Metro Bank, Investec and Virgin Money.
Tesco Bank offers Credit Cards, Loans, Savings Accounts, and Mobile Banking App.
Tesco Bank has made 1 acquisition, including Tesco Underwriting.
Tesco Bank has 1 investor. Key investors include Barclays.