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Atom Bank is a digital financial company that provides banking services through a smartphone app. It offers fixed-rate saving products, business banking secured loans, and retail mortgages.
HQDurham, GB
Employee Ratings4.3

Latest Updates

Employees (est.) (Jul 2021)357
Revenue (FY, 2020)£46.5 M(+23%)
Cybersecurity ratingBMore

Key People/Management at Atom Bank

Mark Mullen

Mark Mullen

Chief Executive Officer, Director
Edward Twiddy

Edward Twiddy

Chief Customer Officer
David McCarthy

David McCarthy

Chief Financial Officer, Director
Stewart Bromley

Stewart Bromley

Chief Technology Officer
Rachael McLauchlan

Rachael McLauchlan

Chief Audit Executive
Chris Sparks

Chris Sparks

Chief Risk Officer
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Atom Bank Office Locations

Atom Bank has an office in Durham
Durham, GB (HQ)
The Rivergreen Centre, Aykley Heads
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Atom Bank Financials and Metrics

Summary Metrics

Founding Date


Atom Bank total Funding

$640 m

Atom Bank latest funding size

$12.07 m

Time since last funding

2 years ago

Atom Bank investors

Atom Bank's latest funding round in August 2019 was reported to be $12.1 m. In total, Atom Bank has raised $640 m. Atom Bank's latest valuation is reported to be $1.3 b.
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Atom Bank Revenue

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Atom Bank's revenue was reported to be £46.51 m in FY, 2020 which is a 22.5% increase from the previous period.

Revenue (FY, 2020)


Revenue growth (FY, 2019 - FY, 2020), %


Gross profit (FY, 2020)


Gross profit margin (FY, 2020), %


Net income (FY, 2020)


Market valuation


Cash (31-Mar-2020)



GBPFY, 2018FY, 2019FY, 2020



Revenue growth, %


Cost of goods sold


Gross profit

GBPFY, 2018FY, 2019FY, 2020



Accounts Receivable




Total Assets

GBPFY, 2018FY, 2019FY, 2020

Net Income


Depreciation and Amortization


Accounts Payable


Cash From Operating Activities

GBPFY, 2018


8.8 x




0.1 x

Financial Leverage

14.6 x
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Atom Bank Operating Metrics

Atom Bank's Users was reported to be 14 k in Mar, 2017.
Mar, 2017FY, 2018FY, 2019FY, 2020

Deposits from Customers

£1.44 b£1.77 b£1.86 b

Loans to Customers (Mortgages)

£1.06 b£2.21 b£1.74 b

Paying Customers

17 k


14 k
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Atom Bank Acquisitions / Subsidiaries

Company NameDateDeal Size
Grasp DigitalMarch 08, 2016
Atom Bank Employee Benefit Trust
Atom EBT Limited

Atom Bank Revenue Breakdown

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Atom Bank revenue breakdown by business segment: 100.0% from Interest income

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Atom Bank Cybersecurity Score

Cybersecurity ratingPremium dataset



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Atom Bank Online and Social Media Presence

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Atom Bank News and Updates

Atom Bank passes £3bn mortgage completions and £1bn savings deposits

Atom Bank, the UK’s first app-based bank, achieved two significant milestones this week when it exceeded £3bn of residential mortgage completions and on the same day hit £1bn in deposits into its Instant Saver accounts.

Atom Bank valuation halves on £40m raise

UK challenger Atom Bank has confirmed a £40 million fund raise at 60p-a-share, just under half the price at which it raised equity in 2019.

Atom Bank valuation set to halve after latest fundraising round

The valuation of digital lender Atom Bank could halve as it closes its latest fundraising round. Atom announced its £40m fundraising last month claiming it would put it “on the path to profitability in the near term”. But the challenger bank is now close to concluding a round at 60p-a-share, just …

Atom Bank taps investors for cash as it targets IPO

Digital challenger Atom Bank is looking to raise £40m from existing investors as it targets an IPO in the next few years. The neobank Atom is confident it will move to profitability from its mortgage and business lending “within a year”.

Atom Bank to speed up SME lending process with Codat accounting API

Atom Bank is to use technology from Codat to hook up to customers' business accounting platforms in an effort to streamline the onboarding process and make faster and better-informed lending decisions.

Atom Bank bids to raise fresh funds through share sale

The UK's Atom Bank is plotting a £150 million share sale to see it through the pandemic, with an eye on pursuing an IPO in 2022.
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Atom Bank Frequently Asked Questions

  • When was Atom Bank founded?

    Atom Bank was founded in 2014.

  • Who are Atom Bank key executives?

    Atom Bank's key executives are Mark Mullen, Edward Twiddy and David McCarthy.

  • How many employees does Atom Bank have?

    Atom Bank has 357 employees.

  • What is Atom Bank revenue?

    Latest Atom Bank annual revenue is £46.5 m.

  • What is Atom Bank revenue per employee?

    Latest Atom Bank revenue per employee is £130.3 k.

  • Who are Atom Bank competitors?

    Competitors of Atom Bank include Nickel, Starling Bank and Boku.

  • Where is Atom Bank headquarters?

    Atom Bank headquarters is located at The Rivergreen Centre, Aykley Heads, Durham.

  • Where are Atom Bank offices?

    Atom Bank has an office in Durham.

  • How many offices does Atom Bank have?

    Atom Bank has 1 office.