About Atom Bank
Atom Bank is the UK’s first fully licensed digital challenger bank. Digital mobile banking is a high growth channel driven by the use of smartphones and is already the predominant channel for current account interactions. In 2020 mobile banking interactions are forecast to account for three times more interactions than internet, branch and telephone banking combined.
Atom’s innovative app provides an intuitive user experience, it’s simple, quick and convenient. Customers can access Atom Bank 24 hours a day, 7 days a week, 365 days a year at their convenience. Customers can open an account in minutes and access market leading competitive ‘core’ Atom products including a Fixed Saver Deposit Account, highly competitive Residential Mortgages, SME Loans and Commercial Mortgages.
Currently in growth phase, Atom has a full banking licence and has now attracted over £2.0 billion in deposits and has a market cap in excess of £580 million.
Sector: Fintech
Total Investment: £1.1 million*
Latest Investment: June 2017
Current Status: Growth Phase
Asset Class: Venture Capital
* Two funding rounds from 2015 to 2017