Subscribe
Saturday, December 27, 2025
5.1 C
London
type here...
Subscribe
Atom bank: Raises £30m to fuel lending and further growth
BankingBusiness
Less than 1 min.Read

Atom Bank: Passes £3bn mortgage completions and £1bn savings deposits

Laura M
By Laura M

Atom Bank: Passes £3bn mortgage completions and £1bn savings deposits

  • Atom Bank, the UK’s first app-based bank, achieved two significant milestones this week when it exceeded £3bn of residential mortgage completions 
  • Since November 2016, the bank has provided 21,700 mortgage offers worth £3.97bn and has now helped 16,400 households
  • Achieving strong and profitable mortgage portfolio growth, providing more people with the opportunity to become homeowners
  • Continues to bring its combination of app-based customer experience and competitive pricing to those parts of the market
  • Reaching £1bn in Instant Saver balances is a key moment of truth for both new tech platform
  • Instant Saver was launched to the public in September 2020 and has been gaining a significant following for the ease of account opening

Hot this week

Blogs

Banking as a Service: Meaning, Examples, Benefits and Future

0
The push for open banking has led to a...
Banking

FinTech Alliance: Partners with Seedrs to facilitate funding opportunities for founders

0
FinTech Alliance: Partners with Seedrs to facilitate funding opportunities...
Blogs

Best fintech blogs and websites

0
Fintech (financial technology) has been an interesting part of...
Blogs

What is Fintech?

0
Fintech: A term used to refer to innovations in...
Reviews

Airwallex: Your Global Business Account

0
Airwallex: A global business account, built for the modern...

Topics

FinTech

Wandhöfer Leads Open Finance Initiative in the UK

0
A new chapter in the UK's financial landscape with...
FinTech

SEC Targets Crypto Platforms Over Social Media Scam Enforcement

0
The SEC cracks down on fraudulent crypto schemes exploiting...
FinTech

Strengthening Oversight of Card Payment Fees: What It Means for Fintech

0
Regulatory changes aim to enhance transparency in card transaction...
FinTech

Visa Collaborates with 100 Partners to Enhance Agentic Shopping Experience

0
Exploring Visa's innovative approach in the evolving landscape of...
FinTech

Klarna to Raise Funding in USDC to Boost Financial Services

0
Klarna explores new funding methods in the digital currency...
FinTech

How Banking Regulations and Technology Fuel Economic Abuse Awareness

0
Exploring the role of fintech in combating economic abuse...
FinTech

ABN AMRO Executes First Blockchain-Based Smart Derivatives Contract

0
Pioneering a new era in financial services with blockchain...
FinTech

Post Office Partners with Cash Access UK for Enhanced Cash Services

0
Transforming cash access and convenience across Post Office branches. Highlights:...
spot_img

Related Articles

Popular Categories

FinTechBankingBusinessFundingPaymentsAIPartnership
spot_imgspot_img
Previous article
Anorak and PK Group: Launch employee benefit marketplace
Next article
Thrive Global: Raises $80M in Series C Funding

Free News - Where voices unite, stories flourish, and community thrives through open dialogue and meaningful connections.

Company

Headlines

Wandhöfer Leads Open Finance Initiative in the UK

0
A new chapter in the UK's financial landscape with...

SEC Targets Crypto Platforms Over Social Media Scam Enforcement

0
The SEC cracks down on fraudulent crypto schemes exploiting...

Strengthening Oversight of Card Payment Fees: What It Means for Fintech

0
Regulatory changes aim to enhance transparency in card transaction...

Visa Collaborates with 100 Partners to Enhance Agentic Shopping Experience

0
Exploring Visa's innovative approach in the evolving landscape of...

Newsletter

Get important news delivered directly to your inbox and stay connected!

© Newspaper WordPress Theme by TagDiv