26 June 2017
visit www.finastra.com

Atom Bank claims £110 million in deposits for fixed saver account

20 December 2016  |  12867 views  |  0 Source: Atom Bank

In April 2016, Atom Bank, the UK’s first bank built exclusively for mobile, became the first of the new breed of challenger banks to open its virtual doors through a controlled roll-out to pre-registered customers.

In October they fully opened to the whole of the UK and welcomed customers to their new and innovative banking platform.

In this short period of time, Atom’s customer-focussed business has resonated with consumers across the country, with deposits exceeding £110 million across its market leading Fixed Saver accounts.

Atom launched two Fixed Saver accounts this year, in addition to business lending and most recently, Digital Mortgages by Atom, a range of residential mortgage products via a panel of specialist intermediaries.

2016 highlights
• Launched the bank on both IOS and Android platforms
• Became the only UK bank to be included in the 2016 Global KPMG Fintech 100 Top 10
• Lead the industry in new biometric technology with face and voice recognition
• Became the first bank to provide a truly personal experience with unique logos and the ability to name the bank what you want
• Launched 1 Year and 2 Year market-leading Fixed Saver accounts
• Launched Digital Mortgages by Atom
• Introduced Secured Business Lending to SMEs

Atom’s Chief Executive Officer, Mark Mullen, comments: “Atom are proud to lead the creation of a new way of banking, one that’s starting to fix the legacy problems that so damaged the reputation of the banking profession We see a real desire for people to have a bank that just works, one that isn’t painful and one that offers simple and speedy value for money.”

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.response.ncr.comvisit vasco.com/news/PSD2-compliant-solutionsvisit www.finastra.com

Top topics

Most viewed Most shared
Live: EBAday 2017, day twoLive: EBAday 2017, day two
10201 views comments | 4 tweets | 5 linkedin
Worldpay pilots app-only mPOS for small retailersWorldpay pilots app-only mPOS for small re...
9494 views comments | 20 tweets | 27 linkedin
Live: EBAday 2017, day oneLive: EBAday 2017, day one
9312 views comments | 3 tweets | 4 linkedin
UK banks will need to change one million sort codes under ring-fencing rulesUK banks will need to change one million s...
8589 views comments | 8 tweets | 25 linkedin
ECB preps eurozone-wide instant payments serviceECB preps eurozone-wide instant payments s...
7969 views comments | 19 tweets | 33 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job