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Inward Investment In County Durham

Opening up links to the thriving UK and European economy.
Durham's Atom Bank raises £149m to support further growth

Durham's Atom Bank raises £149m to support further growth

Durham-based Atom bank has raised a further £149m of investment to support its growth.

Spanish banking group BBVA has invested £85.4m - taking its stake in Atom to 39% - while London asset managements group Toscafund has increased its stake with an investment of £54.4m. A number of Atom’s existing backers have also put in new investment.

The investment round means that Atom has brought in almost £400m of equity capital as it builds what is hoped to be the UK’s leading digital-only bank from the North East .

Atom said the new investment would help it continue to grow and allow it to expand its technology and business capabilities.

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  • Peter Rippingale

    Peter Rippingale

    Team Manager Inward Investment & Opportunities
    Call 03000 265509

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