Atom Bank closes £75M financing round led by BBVA, Toscafund and Infinity
Atom, the UK’s first app-based bank, has raised more than £75 million in new equity.
Atom, the UK’s first app-based bank, has raised more than £75 million in new equity.
With this new $300 million investment, BBVA acquires a 21.7% stake in Neon, taking its total holding in the fintech firm to 29.7%.
BBVA plans to add sustainable expert Connie Hedegaard to Board of Directors, increasing female representation to 40 percent.
BBVA customers using its digital financial health tools now exceed 10.6 million, a 54% increase from a year ago.
For now, BBVA is offering this new service in Switzerland as it has a very advanced blockchain ecosystem.
The BBVA Group is debuting fully digital retail banking in Italy, with a unique value proposition and customer experience.
BBVA will offer payment and financing services on Trusple – Ant Group’s blockchain platform for global trade.
BBVA and Google Cloud today announced a new strategic partnership to transform the bank’s security strategy.
BBVA Chairman Carlos Torres Vila and CEO Onur Genç will not collect their variable remuneration for 2020 as a gesture of responsibility.
BBVA plans to invest as much as $150 million in new capital to support Propel, bringing its total commitment to over $400 million.