UK’s Atom Bank Secures £30M

Atom Bank, which claims to be the United Kingdom’s “first” app-based bank, has reportedly agreed to terms with BBVA, Toscafund and Infinity Investment Partners in order to add a further £30 million in equity to its balance sheet.

The fundraise should enable Atom to continue to support its lending clients – homeowners, first-time buyers, and SMEs – in this challenging economic environment. It is also another key step in Atom’s plans for growth and a future public markets listing.

Read more: Crowdfund Insider