July 22 - 16:07
Atom Bank attracts £50 million in new funding
Atom Bank has raised £50 million in a funding round backed by BBVA. The UK challenger has taken its value above £500 million with the new investment. Atom targets young people looking for a more bespoke service than provided by the traditional players. It will spend the money on improved technology and growth. Atom is currently re-platforming into the cloud.
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