Mark Mullen CEO of recently launched Atom has laid out the roadmap for the mobile-only bank's product strategy, beginning with the introduction of residential mortgages in the summer and credit cards by the end of the year.
Having secured the the lifting of regulatory restrictions earlier this month, Atom has been onboarding customers ahead of the imminent roll out of a new version of its iOS app featuring a package of fixed term savings for consumers and secured lending to SME businesses.
Mullen says an Android version of the app will be released next month, with fingerprint biometrics coming to all by the end of May.
The product build out kicks off in the summer with the introduction of residential mortgage loans distributed through intermediaries and the commencement of a public beta of its current account service.
"All going well, that will be ‘alive’ by the third quarter of this year," says Mullen. "We’ll round off 2016 with our credit card and then in the first quarter of 2017, we’ll add personal loans and ISAs - just in time for the new tax year."
The app will continue to be tweaked over this timeframe, with a number of new features in the pipeline including integrated video calling and "a bunch of other stuff," he adds "but I’m not in a hurry to tell the competition too much about these just yet."