10 years ago

Atom Bank Raises $128 Million From BBVA

  • Atom Bank, a UK mobile banking startup, has raised £82 million ($128 million) in funding led by BBVA, the Spanish-based banking giant

  • The round brings Atom’s total funding to £135 million and will be the last before the company launches to the public in early 2016

  • Atom is aimed at hip, youthful consumers and has been described as the “Uber of banking”

  • The company is promising to deliver a new kind of bank to a new generation of savers and spenders.

      • ProblemFinancial Services

      "Banking today is slow, inflexible, and expensive. It's not designed for the way people live their lives today, especially younger generations."

      Solution

      "Atom Bank is a mobile-only bank that uses technology to make banking faster, more flexible, and more affordable. They are building a new kind of banking experience that is tailored to the needs of younger generations."

      Covered on