Atom bank | Company Profile - Revenue, Headcount, Tech Stack, Contacts
Atom Bank plc is the UK's first fully digital-only challenger bank, founded in July 2013 and headquartered in Newcastle upon Tyne.
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Overview
Founded in 2013, this organization became the UK's first fully digital-only challenger bank. It operates exclusively through mobile and tablet applications, without any physical branches. The company received its UK banking license in 2015 and launched for the public in 2016. Its co-founders include Anthony Thomson and Mark Mullen, and it has received significant investment including a strategic stake by the Spanish bank BBVA.
The company provides a variety of financial products, such as personal savings accounts, residential mortgages, and secured loans for small businesses. Notably, its app integrates biometric facial recognition for secure access and leverages machine learning to enhance customer service. Over time, this digital bank has achieved industry milestones, including the first UK mobile-only bank securitization and reporting a record operating profit as of June 2024. It serves retail savers, homeowners, and small business owners throughout the UK, with a focus on low-cost, technology-driven banking solutions.
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