Tandem has revealed that an IPO "could make sense" for it in the next three to five years, as it plans for further growth.
The specialist bank secured £15m of funding last year from Convoy Global Holdings for its Hong Kong expansion, while it is set for further growth into western Europe this year as well as looking at other Asian markets, including Indonesia, China, Malaysia and Taiwan.
A spokesperson for Tandem said: “In the coming months and years, Tandem will certainly be looking to secure funding to further accelerate growth.
“An IPO in the next three to five years could make sense for Tandem.”
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