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Atom Bank Approaches £1bn in Deposits
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Atom Bank Approaches £1bn in Deposits

Atom Bank Approaches £1bn in Deposits

Todd Anderson·
EuropeFintechNews Roundup
·Oct. 4, 2017·1 min read

After launching as savings product two years ago the app only bank is approaching £1bn ($1.3bn) in deposits; after disclosing in March they were at 17,000 customers and over £500mn ($663mn) they have seen a significant acceleration in growth; they also reported growth in small business loan applications and mortgages. Source.

  • Todd Anderson
    Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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