Tech Company Financing Transactions
Atom Bank Funding Round
Atom Bank, based in Durham, secured $102 million from BBVA Ventures, private investors and Woodford Investment Management.
Transaction Overview
Company Name
Announced On
3/4/2017
Transaction Type
Venture Equity
Amount
$102,000,000
Round
Undisclosed
Investors
BBVA Ventures (Lead Investor)
Proceeds Purpose
The plan is to use the funding to continue building out its customer base and services, as well as provide capital for lending: Atom officially launched in April 2016 and customers access the services via iPhone and Android apps.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
The Rivergreen Centre Aykley Heads
Durham, DH1 5TS
UK
Durham, DH1 5TS
UK
Phone
Website
Email Address
Overview
We're the UK's first bank built exclusively for mobile. We're redefining what a bank should be, making things straightforward, personal and great value. What's more, we're always at hand, because we'll be packing an entire bank into our App.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mark Mullen
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Where The Data Comes From
Our team works diligently to report on funding rounds that are announced publicly. VC transactions reported here are derived from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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