About Atom bank
Atom bank is a company based in Blyth (United Kingdom) founded in 2014 by Mark Mullen.. Atom bank has raised $852.48 million across 12 funding rounds from investors including British Business Bank, BBVA and Marathon Asset Management. Atom bank has completed 1 acquisition, including Grasp. Atom bank operates in a competitive market with competitors including Starling Bank, Monzo, Revolut, Allica Bank and Aldermore Bank, among others.
- Headquarter Blyth, United Kingdom
- Founders Mark Mullen
- Stage Minicorn
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Atom Bank Plc
- Date of Incorporation 31 Jul, 2013
- Jurisdiction DURHAM, ENGLAND
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$852.48 M (USD)
in 12 rounds
-
Latest Funding Round
$121.52 M (USD), Series F
Nov 01, 2023
-
Investors
British Business Bank
& 10 more
-
Employee Count
Employee Count
- Investments & Acquisitions
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Unlock access to complete
Software Development Team
44 people
Senior Team
18 people
Data Analysis and Operations Team
16 people
Head Team
15 people
Leadership Team
9 people
Sales and Marketing
9 people
Finance and Accounting
9 people
Human Resources and Administration
6 people
Unlock access to complete
Funding Insights of Atom bank
Atom bank has successfully raised a total of $852.48M across 12 strategic funding rounds. The most recent funding activity was a Series F round of $121.52 million completed in November 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 12
- Last Round Series F — $121.5M
- First Round First Round
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Series F - Atom bank | Valuation | Infinity Investment Partners | |
| Nov, 2022 | Amount | Series E - Atom bank | Valuation |
investors |
|
| Feb, 2022 | Amount | Series E - Atom bank | Valuation | Toscafund Asset Management , BBVA |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Atom bank
Atom bank has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include British Business Bank, BBVA and Marathon Asset Management. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Private debt fund and fund of funds focused on startups
|
Founded Year | Domain | Location | |
|
Early and growth-stage startups are funded by Anthemis Group.
|
Founded Year | Domain | Location | |
|
Seed and early-stage investments are made across multiple sectors.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Atom bank
Atom bank has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Grasp. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Digital services for the banking sector are provided by Grasp.
|
2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Atom bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Atom Bank Comparisons
Competitors of Atom bank
Atom bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Starling Bank, Monzo, Revolut, Allica Bank and Aldermore Bank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Digital banking services are offered to consumers and businesses.
|
|
| domain | founded_year | HQ Location |
Internet first bank for individuals and businesses
|
|
| domain | founded_year | HQ Location |
Banking solutions are provided for retail customers and businesses.
|
|
| domain | founded_year | HQ Location |
Internet-first banking services are offered to individuals and businesses.
|
|
| domain | founded_year | HQ Location |
SME-focused banking services are offered to consumers and businesses.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Atom Bank
Frequently Asked Questions about Atom bank
When was Atom bank founded?
Atom bank was founded in 2014.
Where is Atom bank located?
Atom bank is headquartered in Blyth, United Kingdom.
Who is the current CEO of Atom bank?
Mark Mullen is the current CEO of Atom bank. They have also founded this company.
Is Atom bank a funded company?
Atom bank is a funded company, having raised a total of $852.48M across 12 funding rounds to date. The company's 1st funding round was a Series E of $101.53M, raised on Jun 30, 2014.
What does Atom bank do?
Founded in 2014 and headquartered in Blyth, United Kingdom, Atom Bank functions in the financial services sector as a digital banking provider. Services for consumer and business needs are delivered, encompassing current accounts, loans, credit cards, residential mortgages, and money transfers. Access is enabled through a mobile app platform compatible with iOS and Android devices.
Who are the top competitors of Atom bank?
Atom bank's top competitors include Revolut, Monzo and Starling Bank.
How many acquisitions has Atom bank made?
Atom bank has made 1 acquisition, including Grasp.
Who are Atom bank's investors?
Atom bank has 11 investors. Key investors include British Business Bank, BBVA, Marathon Asset Management, Anthemis Group, and Woodford Investment Management.
What is Atom bank's valuation?
The valuation of Atom bank is $494.74M as of Feb 2022.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.