Two of Great Britain’s leading building societies are reportedly weighing bids for FinTech Atom Bank. That’s according to a report Saturday (May 30) from the Financial Times (FT), which calls this part of a trend of member-owned financial institutions pursuing acquisitions to boost sales. Yorkshire...
U.K. neobank Atom Bank announced on Friday (Nov. 25) that it has raised 30 million pounds ($36 million), and will use the capital to fund its customer lending and drive growth. Previous investors BBVA, Toscafund and Infinity Investment Partners contributed, bringing the firm’s total investment...
As U.K. consumers become ever-more open to digital banking, the range of services offered by digital-first banks has been expanding to meet that demand. But depending on the products and services offered, traditional banks have not completely lost consumers to disruptive FinTech players, as consumers’...
United Kingdom-based Atom Bank signed a deal with Gallagher, the insurance firm also based in the U.K., to provide the businesses with insurance and risk management advice. “We were looking to partner with an insurance broker with demonstrable fintech sector expertise which could help advise...
July 19, 2017
New players on the banking scene are bringing a host of changes to the industry. But in some cases, these disruptions are more likely to be met with pushback from established players than open arms. Some of the more notable disruptions seen in the financial industry are being caused by new players taking on the […]
June 29, 2026
The sale of British digital lender Atom Bank is reportedly in danger of falling through. That’s according to a report Monday (June 28) from the Financial Times (FT), which says an auction for Atom Bank failed to attract bids at the 600 million pound ($756 million) range hoped for by the company’s backers. Now, investors in the bank […]
May 31, 2026
Two of Great Britain’s leading building societies are reportedly weighing bids for FinTech Atom Bank. That’s according to a report Saturday (May 30) from the Financial Times (FT), which calls...
November 28, 2022
U.K. neobank Atom Bank announced on Friday (Nov. 25) that it has raised 30 million pounds ($36 million), and will use the capital to fund its customer lending and drive...
February 16, 2022
U.K. FinTech Atom Bank announced Wednesday (Feb. 16) that it has raised £75 million (roughly $102 million) for a valuation of £435 million ($590.9 million), as its plans for an...