Atom bank is a digital financial company and challenger bank that provides banking services through a smartphone app. The company has no physical outposts.
Atom Bank users can login using face and voice recognition and receive support from a 24/7 customer service team and the application, available on iPad and iPhone devices. It offers a range of personal and business banking products.
Atom Bank was launched in March 2014 by Mark Mullen, Anthony Thomson. The company was formerly known as Crossco (1337) and changed its name to Atom Bank in August 2015. Atom Bank is based in Durham, United Kingdom.
Atom Bank is the UK's first bank that provides banking services through smartphones, tablets, phablets, phones, and Internet in the United Kingdom.
Atom Bank's investors including Banco Bilbao Vizcaya Argentaria, British Business Bank Investments, and Woodford Investment Management among others. The company raised £50M in it's latest funding of a Venture Round on Jul 22, 2019. This brings Atom Bank's total funding to £419M to-date.
Atom Bank was valued at $1.2B during it's last funding of a Venture Round on Mar 7, 2018. The company has also acquired Grasp Digital on March 8, 2016!
Atom Bank was voted KPMG’s Most Innovative Fintech in the UK and 8th on the planet, as well as being one of Marketing Week’s 100 Disruptive Brands.