# Atom Bank

> Atom Bank is a UK mobile-only challenger bank focused on savings and business lending.

Source: https://www.neobank.wiki/wiki/atom-bank
Last updated: 2026-08-11
Categories: Financial technology, United Kingdom neobanks, Licensed neobanks, Consumer neobanks, Business neobanks, Companies founded in 2014

**Atom Bank** is a British mobile-only [challenger bank](/wiki/challenger-bank) authorised in the mid-2010s. It emphasises savings products and business lending and was among the UK’s early fully digital licensed banks alongside [Monzo](/wiki/monzo) and [Starling Bank](/wiki/starling-bank).[^at1]

## History

Atom received a UK banking licence and launched with a smartphone-only proposition. It built a franchise in fixed-term savings and SME loans rather than chasing current-account brand virality.[^at2]

## Founders

Atom Bank was co-founded by **Anthony Thomson** (also associated with Metro Bank) and **Mark Mullen**, positioning Atom as a northern England–based digital challenger.

## Licence

Atom holds a full UK banking licence and is covered by the Financial Services Compensation Scheme for eligible deposits.

## Products

Products focus on savings accounts and business/residential lending delivered through the Atom mobile app.

## Infobox

- **Type**: Private
- **Founded**: 2014
- **Headquarters**: Durham, United Kingdom
- **Model**: Licensed challenger bank

## Frequently asked questions

### What is Atom Bank?

Atom Bank is a UK mobile-only challenger bank focused on savings and business lending.

### When was Atom Bank founded?

Atom Bank was founded in 2014.

### Where is Atom Bank headquartered?

Atom Bank is headquartered in Durham, United Kingdom.

### What type of company is Atom Bank?

Atom Bank is described as Licensed challenger bank in its neobank.wiki profile.


## References

[^at1]: Atom Bank is a UK mobile-only licensed challenger bank. — https://www.atombank.co.uk/
[^at2]: Atom emphasises savings and lending products via its mobile app. — https://www.atombank.co.uk/