November 27, 2022

Atom Financial institution to faucet personal fairness for closing £50mn funding

Atom Bank to tap private equity for final 50mn funding

Atom Bank to tap private equity for final 50mn funding

Atom Financial institution is planning a closing personal capital elevate of at the least £50mn subsequent yr after being compelled to delay its inventory alternate debut.

The digital financial institution, which launched in 2016, is searching for to lift cash from new buyers and is presently in discussions with numerous firms, together with personal fairness corporations, based on an individual accustomed to the state of affairs.

The fundraising, which is anticipated within the first half of subsequent yr, is more likely to be the final spherical earlier than the cellular…

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