Atom Bank

103 results about this entity

Period: 09 Apr 2014 - 24 Nov 2023

/wholesale

Funding Circle and Atom form £150m SME lending partnership

Funding Circle, the UK’s leading SME lending platform, and Atom bank, the UK’s first app-based bank, have announced a new lending partnership that will provide up to c.£150m of funding to small businesses.

/retail

Atom valuation downgraded on £100 million equity raise

UK digital bank Atom has raised £100 million in new equity at a discounted valuation.

/sustainable

Atom Bank to measure climate impact on mortgage book

Atom Bank is to assess the climate risks of its mortgage book using profiling technology from Kamma.

/retail

Atom bank turns in first annual profit

UK app-only bank Atom has hit a significant milestone in reaching its first ever annual operating profit of £4 million.

/people

Atom bank hires Lee Rochford as new chairman

Atom bank has today announced it will appoint Lee Rochford as its new Chairman, subject to full regulatory approval.

/retail

Revolut valuation almost halved by Schroders

Investment bank Schroders has slashed the valuation of its shareholding in Revolut by almost half after the firm was criticised for downplaying red flags from auditors BDO over its revenue statement.

/payments

'Game of Loans' - Are Neobanks Still Challenging?

Speaking at Innovate Finance Global Summit 2023, Mark Mullen, CEO, Atom Bank, discusses fintech's beginnings, how it's maturing and what is happening now for neo banks as they embrace new areas of innovation.

/people

IFGS 2023: How are neobanks challenging incumbents in 2023?

The afternoon IFGS sessions kicked off with a fireside chat looking at whether Neobanks are still creating that challenging atmosphere they have been known for. Finextra’s own senior reporter, Paige McNamee, moderated the session and was joined by Mark Mullen, CEO of Atom Bank, and Valentina Kristensen, director of growth and communications at OakNorth. Kristensen had her new baby Leo on stage with her.

/cloud

Financial Cloud Summit 2023: Strategising digital transformation and balancing trust with partners

To successfully engage in digital transformation in the transition to the cloud, financial firms are looking for creative methods to approach their cloud strategy. In doing so, companies are dealing with issues of cost, security, and scalability. The first stage of the conference explores how companies are making strategic on visibility, data ownership, cloud providers, and more.

/retail

Atom bank to make four-day week permanent in 2024

Atom bank is to press on with a permanent four-day week for all employees in 2024, following a successful trial period this year.

/retail

Atom Bank quits Twitter as Musk turns on Fauci

Atom Bank has decided to shut down all of its Twitter accounts over the increasingly unhinged behaviour of new owner Elon Musk.

/retail

Atom Bank raises £30m; pushes back IPO

BBVA, Toscafund, and Infinity Investment Partners have agreed to invest £30 million in Atom Bank as the UK digital lender readies itself for a 2024 initial public offering.

/retail

Atom bank renews contract with Phoebus

Atom bank and Phoebus Software Limited (PSL) have signed a new three-year contract.

/people

Atom Bank names CFO

UK challenger bank Atom has named Andrew Marshall as chief financial officer.

/wholesale

Atom bank accredited to the new iteration of the Recovery Loan Scheme

Atom bank, the UK’s first app-based bank, has been accredited to the latest iteration of the Recovery Loan Scheme (RLS) by the British Business Bank, and will soon be accepting applications on its award-winning secured lending products.

/people

Atom Bank hails positive impact of four-day working week

Six months after introducing a four day working week, Atom Bank says the measure has proved overwhelmingly positive in terms of both job satisfaction and productivity.

/wholesale

Atom bank achieves full registration to the LSB’s Standards of Lending Practice

Digital provider Atom bank has become the latest financial services firm to commit to the Standards of Lending Practice for business customers, which drive fair outcomes for business banking customers, as part of efforts to bring its regulatory protection for SMEs in line with that offered to retail customers.

/people

Atom appoints Rebecca Cartwright as chief risk officer

Atom has appointed Rebecca Cartwright as the bank’s new Chief Risk Officer, replacing Chris Sparks, who is retiring after almost 7 years at the app-based bank.

/retail

Atom on course for full year profitability

UK app-based bank Atom is on course to make its first full year operating profit thanks to a 200% rise in income coupled with strong cost controls.

/retail

Atom Bank in talks over New York-listing via Spac merger

UK challenger Atom Bank is considering a Spac merger on the New York Stock Exchange at a valuation of $700 million.