OverviewSuggest Edit

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

TypePrivate
Founded2014
HQDurham, GB
Websiteatombank.co.uk
Employee Ratings4.6

Latest Updates

Employees (est.) (Jul 2020)334
Revenue (FY, 2019)£36.5 M(+96%)
Cybersecurity ratingAMore

Key People/Management at Atom Bank

Bridget Rosewell

Bridget Rosewell

Chairman
Mark Mullen

Mark Mullen

Chief Executive Officer, Director
Edward Twiddy

Edward Twiddy

Chief Customer Officer
David McCarthy

David McCarthy

Chief Financial Officer, Director
Rana Bhattacharya

Rana Bhattacharya

Chief Technology Officer
Rachael McLauchlan

Rachael McLauchlan

Chief Audit Executive
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Atom Bank Office Locations

Atom Bank has offices in Durham and Blyth
Durham, GB (HQ)
The Rivergreen Centre, Aykley Heads
Show all (2)

Atom Bank Financials and Metrics

Summary Metrics

Atom Bank's latest funding round in August 2019 was reported to be $12.1 m. In total, Atom Bank has raised $584.5 m. Atom Bank's latest valuation is reported to be $1.3 b.
View all funding rounds

Atom Bank Revenue

Atom Bank's revenue was reported to be £36.53 m in FY, 2019
GBP

Revenue (FY, 2019)

36.5m

Net income (FY, 2019)

(80.2m)

EBIT (FY, 2019)

(48.8m)

Market valuation

1.3b

Cash (31-Mar-2019)

252.1m

EV

1.0b
GBPY, 2015FY, 2016Y, 2016FY, 2017FY, 2018FY, 2019

Revenue

46.0k1.1m18.7m36.5m

Depreciation and amortization

EBIT

(23.3m)(38.8m)(48.4m)(48.8m)

EBIT margin, %

(50720%)(3495%)(259%)(133%)
GBPFY, 2014FY, 2016FY, 2017FY, 2018FY, 2019

Cash

2.3m7.2m419.8m364.3m252.1m

Accounts Receivable

6.6m186.5m1.5b2.5b

Inventories

Current Assets

2.3m16.2m617.6m1.9b2.8b
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Atom Bank Operating Metrics

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

Paying Customers

17 k

Users

14 k
Show all operating metrics

Atom Bank Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

SecurityScorecard logo

Atom Bank Online and Social Media Presence

Embed Graph

Atom Bank News and Updates

Former Atom Bank CTO Paul Hanks joins DayTek Capital as neo-bank technology advisor

Paul Hanks, the former Chief Technology Officer and Co-Founder of the UK’s Atom bank, has joined Day...

Atom Bank transitions to Google Cloud

Atom bank announces today at Sibos in London that the mobile-only bank will be shifting from third-p...

UK digital lender Atom Bank racks up funding: Reuters

UK-based digital lender Atom Bank has raised 50 million pounds in funding, reported Reuters. The investors included Woodford Patient Capital Trust, BBVA, Toscafund and funds advised by Perscitus LLP.

Atom Bank bags £50m investment to fuel future tech growth

Atom Bank has raised £50m in a fundraising round with participation from three partners plus the advice of Perscitus LLP. The new capital will be used to fund further growth and to continue the bank’s investment in technology. Atom Bank’s total lending, for homeowners and small businesses, has grown…

Atom Bank raises £50 million

Mobile-only Atom Bank has raised £50 million in a fundraising round with participation from BBVA, To...

Woodford close to hiring bankers to sell stakes in Atom Bank, Oxford Nanopore - Sky News

Woodford Investment Management is close to hiring bankers to sell its stakes in private companies Atom Bank and Oxford Nanopore, part of a rescue bid aimed at raising hundreds of millions of pounds, Sky News reported on Tuesday.
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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 Bridget Rosewell, Mark Mullen and Edward Twiddy.

  • How many employees does Atom Bank have?

    Atom Bank has 334 employees.

  • What is Atom Bank revenue?

    Latest Atom Bank annual revenue is £36.5 m.

  • What is Atom Bank revenue per employee?

    Latest Atom Bank revenue per employee is £109.4 k.

  • Who are Atom Bank competitors?

    Competitors of Atom Bank include Monzo Bank, Monese and Nubank.

  • 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 offices in Durham and Blyth.

  • How many offices does Atom Bank have?

    Atom Bank has 2 offices.