UK neobank Atom Bank plans to raise £150m via share sale

Digital lender Atom Bank is planning to raise £50m-150m ($198.7m) to fund its expansion by rolling out a share sale this fall, Sky News has reported.

This share sale will be Atom Bank’s biggest equity fundraising to date.

If Atom Bank successfully raises £150m, the total amount raised by the company from its shareholders to date will surge to £600m.