Atom Bank

106 results about this entity

Period: 09 Apr 2014 - 03 Jul 2024

/wholesale

Atom launches tool for instant indicative biz loan quotes

UK digital bank Atom is launching a tool that allows brokers offering secured business loans to self-assess and create an indicative quote within the portal before submitting an application.

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IFGS 2022: Taking the pulse of UK fintech

Following welcome addresses from Catherine McGuinness, chair, Policy and Resources Committee, City of London Corporation, and Janine Hirt, CEO, Innovate Finance, the Innovate Finance Global Summit took off with a panel stacked with leading fintech voices.

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Atom takes on incumbents with new market leading savings rates

Atom bank has increased the rates on its range of Instant and fixed rate savings products for the second time this year, as it leads the drive to put value back into the UK savings market.

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Atom Bank raises £75 million as IPO prospects grow

Mobile-only Atom Bank has raised more than £75m in new equity priced at 70p per share as it continues to grow its profitability and drive to IPO.

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Atom raises savings rates

The move sees Atom offer far higher rates than those available from the traditional high street banks and is yet another example of Atom driving value back into the savings market.

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Atom Bank offers all staff the option of four-day working week

Atom Bank has become the largest company in Britain to introduce a four-day working week for all of its 430 employees.

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Atom Bank reports £36 million loss

Digital savings and loans bank Atom has reported an underlying operating loss of £36 million for the year to end-March 2021, down from £46 million in the year prior.

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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.

/retail

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.