Atom Bank

111 results about this entity

Period: 09 Apr 2014 - 01 Aug 2025

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Atom Bank pulls in first ever monthly profit

Atom Bank has reported a monthly report for the first time in the company's eight-year history, with all aspects of the business showing steady growth.

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Atom Bank passes £3bn mortgage completions and £1bn savings deposits

Atom Bank, the UK’s first app-based bank, achieved two significant milestones this week when it exceeded £3bn of residential mortgage completions and on the same day hit £1bn in deposits into its Instant Saver accounts.

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Funding Circle and Atom form £300m SME lending partnership

Funding Circle, the UK’s largest small business loan platform, and Atom, the UK’s first app-based bank, today announce a lending partnership that will provide £300m of new funding to small businesses.

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Atom Bank valuation halves on £40m raise

UK challenger Atom Bank has confirmed a £40 million fund raise at 60p-a-share, just under half the price at which it raised equity in 2019.

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Atom Bank's valuation set to halve on latest funding round

Atom Bank's pitch to raise £40 million from existing investors is likely to lead to a sharply discounted valuation for the app-based lender, underscoring the difficulties faced by neo banking startups in attracting investors.

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Atom to raise £40 million ahead of potential IPO

The UK's first app-only bank Atom is to raise £40 million from existing investors ahead of a potential IPO next year.

/payments

Atom signs Open Banking deal with Plaid

Atom Bank has signed a deal with Plaid to introduce Open Banking and payment initiation services to small business customers.

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Atom Bank to speed up SME lending process with Codat accounting API

Atom Bank is to use technology from Codat to hook up to customers' business accounting platforms in an effort to streamline the onboarding process and make faster and better-informed lending decisions.

/security

Atom Bank to implement confirmation of payee with Rabobank spinoff Surepay

SurePay has today announced another successful implementation of it’s UK Confirmation of Payee solution for the UK’s first app-based bank, Atom bank.

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Atom Bank bids to raise fresh funds through share sale

The UK's Atom Bank is plotting a £150 million share sale to see it through the pandemic, with an eye on pursuing an IPO in 2022.

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Atom expands mortgage business

Atom, the UK’s first bank built for mobile, completed pricing this week on its third residential mortgage-backed securitisation (RMBS), Elvet Mortgages 2020-1.

Former Atom Bank CTO Paul Hanks joins DayTek Capital as neo-bank technology advisor

Paul Hanks, the former Chief Technology Officer and Co-Founder of the UK’s Atom bank, has joined DayTek Capital as a Technology Advisor.