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...
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 initial public offering (IPO) grow closer to reality. Atom Bank said it doesn’t know whether...
Payments has taken center stage for bank-FinTech pairings, with Visa’s FinTech Partner Connect finding new reach to streamline the collaborative process. Plus, Deloitte ramps up its own efforts to modernize payments for financial institutions, and Horizon Bank proves it’s not just the largest of financial...
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 […]
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 growth. Previous investors BBVA, Toscafund and Infinity Investment Partners contributed, bringing the firm’s total investment raised this year to over 100 million pounds ($119.8 million). […]
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...
February 25, 2021
U.K. FinTech Atom Bank is planning to raise 40 million pounds (about $56 million) from existing shareholders as it plans for an initial public offering (IPO), according to a Prolific...
March 08, 2018
BBVA, the Spanish bank, announced news on Wednesday (March 7) that it has raised its stake in Atom Bank, the U.K. digital bank. In a press release, BBVA said it’s...
