Monday March 30, 2020

Digital bank Atom gets backing Heavy hitter BBVA invests €64 million

The deal values the company at £150 million.

29th November, 2015
Anthony Thomson and Mark Mullen, chairman and chief executive of digital bank Atom

Atom, Britain’s first digital bank which is led by Kildare native Mark Mullen, last week received £45 million (€64 million) from the venture capital arm of Spanish financial services giant BBVA for a 29.5 per cent stake.

The deal values the company at £150 million.

Atom was set up only 18 months ago and has yet to launch its app-only bank. Its plan is to disrupt banking as Uber has for taxis.

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

What’s coming up today and what you might have missed

Hannah O’Brien | 3 months ago

What’s coming up today and what you might have missed.

Hannah O’Brien | 3 months ago