Too good to be true? Tandem is has an invite-only scheme for anyone to become a co-founder in this challenger bank. Just weeks after digital challenger bank Mondo raised £1m by selling shares through equity crowdfunding, rival bank Tandem is inviting anyone to become a “co-founder” in its business and handing out free shares for those who join. “On my card it says ‘Co-founder #1’ this is a private programme that’s invite-only, for people who can help us to build a bank all the way along the journey,” Tandem co-founder Ricky Knox told The Memo at Money 20/20 in Copenhagen this week. The Tandem team.

http://www.thememo.com/2016/04/06/tandem-free-shares-handing-out-co-founder/